Business, Economics, Media Criticism, Political Commentary

Rich Gov, Poor Gov

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Why Barack Obama can’t fix the economy:

Last night, as I reread Robert Kiyosaki’s 1997 Bestseller Rich Dad Poor Dad, I realized why Barack Obama will be unable to do what is necessary to fix America’s economy. It’s not just that he believes in government intervention in business, although that’s a big part of it. But what makes it even worse is that President Obama is Poor Dad.

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5 thoughts on “Rich Gov, Poor Gov”

  2. Actually, “fixing” the economy IS his goal. It is just that he uses a somewhat different definition than Ken. Ken is thinking in terms of “repair” or “return to proper function”.

    The President is thinking in terms of “make the outcome be what I want it to be”.

  3. I believe that Obama wants to “fix” the economy in that same sense that people fix their male dogs.

  4. Why can’t they just go with a lesser fault-tolerant Delta at first and add the fault-tolerance as the program proceeds in order to cut the absurd seven year timeframe?

    Accepting a less than perfect launcher now does not preclude making series improvements as the program progresses.

  5. “Poor Dad accumulates liabilities, while Rich Dad accumulates assets.”

    Isn’t the idea is to take the liabilities and make them into assets?

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