Limbaugh Labels Obama 'Jackass' on Economy

[Teresa]

He hit it on the nose on this one.

Radio talk-show giant Rush Limbaugh blasted President Barack Obama for his flawed understanding of the economy on Tuesday, referring to Obama as an "economic ignoramus" and a "jackass."

Rush Limbaugh, Obama, jackass, economy Triggering Limbaugh's wrath on his program were Obama's remarks to his economic recovery board on Monday.

At that meeting, top economic experts Martin Feldstein and William Donaldson advised the president to encourage businesses to hire workers by extending the Bush tax cuts. But Obama defended his policy of allowing taxes to increase on those families earning $250,000 or more.

"I don't know any economists," said the president, "who think we are likely to get a bump in aggregate demand from $700 billion of borrowed money going to people like those of us around the table, who, if I suspect want a flat-screen TV, can afford one right now and are going out and buying one."

Limbaugh said he found it incredible that the president believes purchases of flat-screened televisions could bring about an economic recovery. He pointed out most of those are made in China anyway.

Obama is an "idiot, where capitalism is concerned," Limbaugh said.

During the exchange with the economists, Obama said he was not concerned that wealthy people hit by large tax increases would "take their ball and go home," rather than contribute to economic activity.

According to ABC News, Limbaugh referred to the president as "our imam-child." Limbaugh shot back, "They have already taken their trillion-dollar ball home, and they're sitting on it, you jackass!"

Limbaugh pointed out that no one was proposing additional tax cuts. Extending the Bush tax cuts for everyone, Limbaugh said, would encourage businesses to invest and create jobs "which, once upon a time, we were told, was Obama's top priority."

Limbaugh added of the president: "He's a jackass. He's an economic illiterate. He's an economic ignoramus."

"And that's being charitable."

http://www.newsmax.com/InsideCover/Rush-Limbaugh-Obama-jackass-economy/2010/10/05/id/372708?s=al&promo_code=AECC-1

[frawin]

Teresa, Rush was much nicer and more compimentary about the President than what I hear some people around here say.

[Wilma]

Shouldn't Limbaugh be careful about what he is calling someone else?

[srkruzich]

Shouldn't Limbaugh be careful about what he is calling someone else?

why?  He has the 1st amendment right to say what he wants.    And i would listen to Rush's advice a hell of a lot faster than obama and economists because Rush makes 30million a year and is successful.  I don't see obama or these economists making 30 million a year.   

Rush is a hell of a lot smarter than any of them combined.

[Teresa]

Rush just says what everyone else is thinking... 

[srkruzich]

Rush just says what everyone else is thinking... 

You are right about that....

I like him, as well as hannity, and neil boortz.  They are smart men.

[Teresa]

I think its a total insult to all the mules and  jackasses out there in the animal world.. 

[srkruzich]

I think its a total insult to all the mules and  jackasses out there in the animal world.. 

You know why democrats chose a mule.. we use mules to protect the sheep.  Sheep are the dumbest creature God ever made!