Indeed, if this op-ed is any guide, the Obama team has no idea what the causes of the economic downturn are, and are not even listening to what conservatives might have to say on the subject. That leads me to the most fascinating aspect of Liebman’s op-ed: He is a longtime Harvard professor of economic policy, former chief economist at the Office of Management and Budget, and holds bachelor’s and doctoral degrees in economics from Yale and Harvard.
Loyola goes on to call Obama and his cronies "the most economically illiterate administration since the New Deal", a truth I have been beating to death on this blog for almost four years. But how is such a thing possible, you may ask, with so many of the president's advisers having that Ivy League pedigree?
Let's re-phrase that a little to get your answer, and possibly the one Loyola is hinting at. It is because Obama is taking his advice from so many Harvard/Princeton/Yale alums that the nation is in this mess, and finding itself, after three-plus years of clawing, deeper in the ditch then we should imaginably be.
What the fuck are they teaching in these places? Liberal politics? Racial theory? Feminist studies? Karl Marx? Probably all of the above, but they sure as shit ain't teaching any real-world, big-boy math and economics, that's for sure.
Because these guys run Wall Street, the big banks, and the entire financial sector of the economy. How's that been working out?
They also run the government, holding influential posts and radically altering policy to put their prescriptives into place to alter the course of the American economy and our society. How's that been working out?
It's time to stop the hero-worship of the Ivy League grad, and start the mocking. Their overpriced education has failed them, and failed America, as their degrees no longer represent any qualification or certification whatsoever. It is merely paperwork that verifies that the holder of said sheepskin has been thoroughly indoctrinated in liberal thought, speech, and attitudes, and can be expected to implement them with no intellectual flexibility regardless of what the professional situation may call for.
Product of the "Ivy League"...
We should be running from them - not accepting them into our lives eagerly- based on their record of failure on an unprecedented scale. Perhaps we should rename this group of once-illustrious schools the "Poison Ivy League"? They certainly have acted as such upon the people, and institutions, of our once-great nation...