Taxpayer Protection Pledge
ATR's Congressional Ratings
An American Agenda: Vote for Your Priorities
Invite Grover Norquist to Speak at Your School or Event
INDEX

President Obama Misses Out on Nobel Prize in Economics

From Adam Radman on Monday, October 12, 2009 12:46 PM
Add to Reddit Add to Stumbleupon Add to Delicious Add to Digg Add to Facebook Add to Twitter

Market Watch reports on the “shocking” decision by the Nobel panel to award someone other than President Obama the Nobel Prize in Economics on Monday. Here’s a snippet:

From his $787 billion stimulus package, to the cap-and-trade bill, to the seizures of General Motors and Chrysler, to the undead health-care "reform" act, Obama has dominated the U.S., and therefore the global, economy as few figures have in recent years.
 
Yet the Nobel panel chose instead to award the prize to two obscure academics … Other surprise losers include celebrity noneconomist and filmmaker Michael Moore; U.S. Treasury Secretary Timothy Geithner; and Larry Summers, head of the U.S. national economic council. It is unclear whether the president will now refuse his peace prize in protest against the obvious slight to his real achievements this year.

At the very least, the Nobel panel could have recognized the President’s creation of the brand new, yet vague economic concept of “jobs saved or created.”

Permalink | Email | Print | Tags: POLITICS, OBAMA

Related Articles

ObamaCare: By the Numbers - Thursday, March 18, 2010 1:45 PM

Study: Health Care Legislation Will Cost up to 700,000 Jobs by 2019 - Wednesday, March 17, 2010 10:21 AM

Comprehensive List of Tax Hikes in Government Health Bill to be Voted on by House - Wednesday, March 17, 2010 9:05 AM

PA-12 Special Election Update: Tim Burns Signs the Taxpayer Protection Pledge - Monday, March 15, 2010 1:21 PM

Craig Miller Signs Taxpayer Protection Pledge in FL-24 - Friday, March 12, 2010 2:42 PM

Comments

I figured they would give it to him for giving way to the highest unemployment rate in more than two decades... NOW THAT'S AN ACCOMPLISHMENT!
>> Jared, NV Monday, October 12, 2009 1:10 PM

Well it's also shocking that economists missed out on the prize (in some sense). Only 1 of the winners is an economist. The other is a political scientist.
>> Gina Monday, October 12, 2009 2:35 PM

What is an accomplishment is the upturn in the economy, Jared. Oh wait, you wouldn't know anything about the economy because the only substantial businesses in Nevada are casinos and clubs.
>> ATR SUCKS Monday, October 12, 2009 5:35 PM

ATR Sucks, I think you have just hit the nail on the head. Casinos and clubs are businesses just as likely to be affected by economic changes as any other. If they go under, a good many people in Nevada are likely to be out of work. As for your remark about the upturn in the economy, the huge increase in government expeditures seems like a high price tag for so small a gain. Even if the economy has rebounded some, high corporate income tax seems to provide little incentive for job creation. Hmm...perhaps not such a "Nobel" success after all.
>> Taxes are Bad Monday, October 12, 2009 6:29 PM

Add a Comment


CAPTCHA Image
Add me to the ATR Newsletter list (If you are already on the list, you will not be subscribed a second time.)
Notify me when others comment on this article.