Archive for the ‘Commander in Chief’ tag
Prior knowledge is not a requirement
How can one reconcile this statement:
“We need a president who can restore our confidence,” she said. “We need a president who is ready on Day 1 to be commander in chief of our economy.”
with this:
When asked why she’d appoint Alan Greenspan to a working group of financial leaders to design a response to the housing crisis, Clinton told the Philadelphia Daily News:
"Not only that, but the Fed didn’t act while he was there. But he has a calming influence still to this day on Wall Street — don’t ask me why because I never understand what he’s saying – but nevertheless people respond to that Delphic oracle approach. I think it would be wise to include him. And recently he’s come out and vert smartly so [sic] that we have to deal with housing and maybe we need to have some kind of buyout mechanism for mortgages. So he’s moved on his understanding and depth of the problem — but you know you could pick three others.
I guess that commanding the economy has nothing to do with actually understanding the monetary policies the central bank implements…. 
As a side note, and it isn’t only semantic - someone should explain the entire cadre of candidates that the President is not the commander in chief of the economy, nor the commander in chief of the country. The President is mere commander in chief of the Army, which is a lot of responsibility by itself. The country, its citizens and the economy have no commanders.