The Economist's poll of economists
80% of respondents, 71% of those who did not identify a political affiliation, and 46% of those who identified themselves as Republicans said that Obama has a better grasp of economics than McCain. (Only 23% of those who identified themselves as Republicans said that McCain had better understanding of economics.)
81% of respondents, 71% of the unaffiliated, and 31% of the Republicans said that Obama will pick a better team of economic advisors to run the country than McCain.
The full results can be found at The Economist's website.
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Ah yes, no wonder Obama should now be running General Motors with such a fine grasp of economics.
“This week, the president [declared], 'What we are not doing — what I have no interest in doing — is running GM.' It was during the same speech in which he announced that the federal government was forcing GM into bankruptcy, deciding what creditors should get (regardless of what bankruptcy law says), and taking a 60 percent stake in the company.” —columnist Jacob Sullum
“Obama is fond of calling upon Americans to make sacrifices — or rather, he is fond of forcing Americans into sacrificing themselves at a time and place of his choosing. Heroic sacrifice requires volunteerism, or at least an element of extraordinary choice; Obama's sort of sacrifice ... names the time and the place, and you are expected to put your neck on the altar.” —columnist Ben Shapiro
“The Constitution of the United States set out to limit the powers of the federal government, but judges have greatly eroded those limitations over the years, and the dispensing of bailout money has allowed the Obama administration to exercise powers that the Constitution never bestowed.” —economist Thomas Sowell
“By definition, government that works will be limited because government will not reach into areas in which it has no constitutional business.” —columnist Cal Thomas
“When government gets this intertwined with the private sector, when it makes decisions not based on neutral economic criteria but by what is at best guesswork about the allocation and valuation of vast amounts of capital, bailout favoritism and crony capitalism are inevitable.” —political analyst Michael Barone
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