Someone should tell Obama: Business people are not stupid.

By: Herman Cain
February 14, 2011

After I published my 2005 book, They Think You’re Stupid,I thought I should have titled it They Think We Are All Stupid All the Time because it appeared that pure politicians, especially liberals, didn’t think any of us were capable of seeing through their denial, deceptions and lack of leadership.

Based on President Obama’s latest speeches and comments from other prominent liberals like Howard Dean, the latter title would have been more appropriate. They continue to try to convince the public that their failed policies are working, that they need more time, and that more federal spending plus bigger government are the answers to our problems.

In a speech to the U.S. Chamber of Commerce last week, the president urged U.S. business leaders to “get in the game” in support of their country by spending more cash. He wants businesses to follow the government’s lead. Namely, ignore the real state of the economy and spend irresponsibly for the good of the country.

That would not be good for the country! The last thing we need is more bankrupt companies on top of the three million plus businesses that filed for bankruptcy in the last two years. That would only add to the already staggering level of unemployment.

The business people in the audience listened respectfully, but they are not about to spend their investors’ cash irresponsibly. They are not about to invest heavily during a stalled economy, and they are not about to hire people they do not need.

Successful business people are not stupid. That’s why they are successful!

President Obama also tried to invoke the challenge of President John F. Kennedy when he called on Americans to “ask what you can do for your country”.

This is not a persuasive challenge – telling business people to invest in an anemic economy – because President Obama is no JFK.
JFK had earned the trust of the American people. Obama has not.

Unlike JFK, President Obama has not drastically slashed tax rates, which stimulated the economy, and Obama has broken too many campaign promises. Businesses are not going to follow him off the proverbial economic cliff when doing what he asks does not make sense. Many Democratic members of Congress followed him off the cliff on health care deform, and they are now ex-congressmen.

Successful businesspeople are not that gullible.

At the same time President Obama was trying to seduce corporate America into spending money in a stalled economy, his proposed budget for FY 2012 increases the amount on which payroll tax insurance is paid by businesses from $7,000 to $15,000 per employee. That’s a sneak-a-tax! We were not supposed to notice it since the increase would not be effective until 2014. Well! We noticed.

This president refused to even acknowledge the failed policies of the last two years in an interview with Fox News anchor Bill O’Reilly. He is in denial that his policies are redistributive of income in nature. He is in denial as to what the American people really want. He believes that the American people want what he wants for America. A government controlled socialistic America!

With all due respect Mr. President, your assessment is wrong.

Intelligent and informed thinkers are reclaiming America! We out-number the stupid people.

You’ll see in November 2012.