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Neither warm nor cold…just gnomes

December 8, 2010

Four strategic mistakes – a really good case study

Strategic mistake #1: Real Clear Politics points out that the question being asked – should Obama be Clinton or Truman – isn’t even the right question to ask right now

The primary challenge for the president (and the Congress) today is not to be seen to get one up on the other party — nor is it to be seen to support their base at the ideological barricades. It is to restore the immediate economy to reasonable health, bring down unemployment rates below 7 percent (preferably below 5 percent), see the housing market begin to recover and induce business to voluntarily start investing some of its $2-3 trillion it is fearful to invest in the current market.

Strategic mistake #2: Not understanding the dependencies in the environment & avoiding a systemic view – acting as if he can be hyper progressive without any economic impact outside the obvious

 the president just announced a seven-year ban on offshore drilling — thus killing hundreds of thousands of jobs and multibillions of new salaries and profits

that what they can’t pass of cap and trade through Congress, they would consider trying to bring online through their EPA’s regulatory process

the president’s stout rhetorical argument these last weeks that anyone making over $250,000 is rich and can easily absorb a big tax increase

There doesn’t appear to be a connection between actions – or a connection between action and outcome. Tax cuts affect one side of the economy – doesn’t regulatory policy have an impact? Give on one hand, take with the other – get the same net outcome (zero positive impact)

Strategic mistake #3: Not deciding exactly what he stands for and sticking to it.

If he believes the best bet for the economy (and his re-election) is a full Reaganite embrace of free markets and low taxes, then he should switch comprehensively to such policies and rhetoric

If he still believes in his liberal class war policies, then he might as well do what his left wants him to: attack, attack, attack the GOP and hope the economy gets better ….

Strategic mistake #4: relying on underwear gnomes or Christmas miracles….maybe that’s the “Hope

he might as well do what his left wants him to: ….and hope the economy gets better by intervention of providence or some other miraculous method.

Inspired by the miraculous – I was reminded of this scripture verse. Don’t try to be everything to everyone – then everyone finds you utterly distasteful

“I know your works, that you are neither cold nor hot. I wish you were cold or hot. So, because you are lukewarm, and neither hot nor cold, I will spit you out of my mouth” (Rev 3:15–16

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