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Obama’s Self Image Destroys His Presidency – Monty Pelerin’s World

08/23/2011

The power of the Presidency is nowhere near as great as Obama believes it to be or would like it to be. Nor is his charisma. His presidency, to the extent it had any chance to succeed, is failing because of both beliefs.

Obama’s confidence in his powers of persuasion and charisma appear unlimited. Unfortunately, many citizens have seen through his shtick, making his behavior appear pruning, self-centered, egotistical and immature. During the presidential campaign, he was an extraordinary marketing success. But as they say in show biz “he has no legs.” Once tried, the product disappoints and repeat sales do not occur. Marketing can get a customer to buy once, but then the product must deliver. This one hasn’t. It was all Madison Avenue with no substance …

Read More at Economic Noise.

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