Obama’s Oil Propaganda Demonstrates Incompetence and Incoherence

“Obama is directing his administration to ramp up U.S. oil production”.  [link]  This gives additional insight (as if any were required) into the workings of Obama’s dictatorial mindset.  Obama believes that he is the one who is in control of oil production, that he owns the companies and determines what they do.

This also highlights his supreme arrogance in that he knows exactly how much oil should be produced just like he knows how much insurance, medical care, banking services, loans, mortgages and cars should be produced as well as how much people should be paid for producing said goods and services.

And what about the Barry Obama who so indignantly proclaimed that his energy policy would require energy costs to “skyrocket”?  Where did he go?

Barry thinks that the US firms should produce more oil and the best way to do that is to increase how much he steals from them via taxation.  Barry thinks that producing energy is made less profitable that firms will work harder and take more risks to undertake those efforts.  This is obviously ridiculous on the face of it and requires no discussion per se but what is worth mentioning is that this is Barry’s level of economic understanding, or rather misunderstanding.

Barry is quite simply ignorant of all things economic and he never fails to demonstrate that simple fact through his repeated self-aggrandizing, incoherent, dictatorial edicts and proclamations.

Advertisement