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Larry O'Donnell: Most Voters 'Don't Really Know Anything About The Economy'

By Mark Finkelstein | June 07, 2011 | 22:00

A  A

The MSM and their liberal politician friends revel in proclaiming their admiration for average Americans.  But scratch a liberal, and find condescending contempt for the people they pretend to glorify.

Take Larry O'Donnell. On his MSNBC show this evening, discussing President Obama's problems in convincing voters that the economy is on the road to recovery, O'Donnell denigrated most Americans.  Declared O'Donnell: the majority of voters "don't really know anything about the economy."

 
View video after the jump.
 
 
Watch O'Donnell dis most Americans as economic ignoramuses.  
 
LARRY O'DONNELL: President Obama says he hopes the latest jobs report showing an increase in the unemployment rate back up to 9.1% is just an abnormality and not a longer trend. And he's trying to convince voters that his administration is making progress recovering from the financial crisis that they inherited in 2008.

BARACK OBAMA: We are on the path of a recovery but it's got to accelerate. The recovery is going to be uneven and there are going to be times where we are making progress but people are still skittish and nervous, and the markets get skittish and nervous, and so they pull back because they're thinking about the traumas of just two-and-a-half years ago.

O'DONNELL: But a recent poll shows that a majority of voters--a majority of whom don't really know anything about the economy--don't believe that the economy is recovering and blame President Obama for the struggling economy.

About the Author

Mark Finkelstein is a NewsBusters Senior Contributor. Click here to follow Mark Finkelstein on Twitter.
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Comments

That's why they tune you in, right

Submitted by hbnolikeee on Tue, 06/07/2011 - 10:02pm.

Larr?

hbnolikeee
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He's probably right...because

Submitted by Hermano on Tue, 06/07/2011 - 10:05pm.

He's probably right...because the freakin' media can't tell the truth.

 

Hermano is Saving the Environment - One Ribeye at a Time! h/t Dr_Liberty

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Lawrence O'Donnell finally said something I can agree with.

Submitted by Rush Fan on Wed, 06/08/2011 - 8:10am.

As I have posted previously over the years in one form or another, I believe the majority of citizens are uninformed, misinformed, uneducated, apathetic, illiterate, and/or stupid. School test scores and dropout rates bear me out.

So does this video of interviews by John Ziegler of twelve Obama voters of all ages on election day. This is a sample of the type of people who voted for Obama. This is our union and liberal-run education system on display. It's frightening to think that these same uninformed voters may lift Obama over the top in the next presidential election.

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Larry

Submitted by grammajane on Tue, 06/07/2011 - 10:03pm.

Hey Larry..........what do you think the Tea Party is all about? There are millions of members. Are we all ignorant about the economy?? Get some new writers

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Well, O'Donnell - they're listening to idiots like you.

Submitted by Gary Hall on Tue, 06/07/2011 - 10:08pm.

  • O'Donnell: the majority of voters "don't really know anything about the economy."

Well, no wonder they don't; after all, they mostly get their news about the economy from the MSM and idiots like O'Donnell, himself (not that Krugman helps here).

FTR - does anyone remember any national MSM outlet wondering out loud, discussing amongst themselves, or venturing to ask Bill Clinton about the dot.com  [Enron era] bubble crash and the fallout from it that he left to President Bush?

(;~/ gary

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Really Lawrence?

Submitted by Bourbeau on Tue, 06/07/2011 - 10:10pm.

Wow, how inciteful. Well, here's a flash for you Lawrence, however little most people know about the economy, it's still quite a bit more than most talking heads like yourself. Better you spew your nonsense to Chris Matthews, he'd be more agreeable.

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Of course

Submitted by sergeant stogie on Tue, 06/07/2011 - 10:14pm.

No one with any brains is going to be watching Crazy Larry anyway.

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"the majority of voters

Submitted by Chris Norman on Tue, 06/07/2011 - 10:20pm.

"the majority of voters "don't really know anything about the economy."

And that's the grand hope that Democrats count on.

Let's make the 2012 campaign: "The War on Error"
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MSNBC, again

Submitted by jessieH on Tue, 06/07/2011 - 10:20pm.

Apparantly, neither does the lame street media or the federal government! The American people are a lot smarter than these fools of George Soros! The sooner Soros goes bankrupt, the sooner we get back the media. And, that's the bottom line! ( sorry, Steve.).

                                                                                                                                                                    

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hey, quit picking on this turd

Submitted by American.Patriot on Tue, 06/07/2011 - 10:23pm.

after all, his dozen or so viewers may get pissed and call the conservatives ugly names (like tea baggers)

another lame stream sh!t for brians

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O'Donnell and obama don't

Submitted by robert108 on Tue, 06/07/2011 - 10:26pm.

O'Donnell and obama don't know anything about the economy, that's for sure.

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O'Donnell is quite wrong . . .

Submitted by Galvanic on Tue, 06/07/2011 - 10:45pm.

If there's anything the voters understand quite well it' s the economy.

They understand unemployment because they have to have jobs.

They understand the high price of oil because they buy gas for their cars.

They understand balancing budgets and the effects of long-term debt because they have to balance their own books.

The average taxpayer (and I emphasize taxpayer) understands the economy.

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Of course we do...

Submitted by ProudAmerican58 on Wed, 06/08/2011 - 2:23am.

which is why Obama spends his time "trying to convince voters that his administration is making progress..."

Problem is,  the American people aren't buying this crap.

That's just my opinion; I could be wrong. -- Dennis Miller
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We have to learn to respect our betters.......

Submitted by Herbster on Tue, 06/07/2011 - 10:46pm.

How rude to question anything Mr. O'Donnell says. We peasants must tip our forelock to superior beings like him, Obambi, Velshi, Krugman, Geithner, and my all time favorite economic genius, Poppy Harlow. How her parents must have hated her when she was born - or hatched. These are the people who truly understand economics, be they micro or macro. These are the leaders of our country, along with Weinerman, Harry reid, Barney Fwank, Pelosi, and the Black/Hispanic/Asian/Serbo-Croation caucuses. Not to worry. There is an ace in the hole that can work economic magic..Joe Biden. I feel better now.

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A very telling remark...

Submitted by PrairieSky on Tue, 06/07/2011 - 11:10pm.

"Scratch a liberal..." is right. The vast majority of these types truly believe that the American people are, by and large, an unruly, ignorant and stupid horde of sheep that needs to be herded by the brilliant, enlightened liberal shepherds who know what's better for the sheep, than the sheep do.

It is just stunning how nakedly arrogant fools like O'Donnell are...He, I'm sure, is completely oblivious to how this comment comes across and how offensive it is. To him, and those who think like him, it is simply the truth.

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Prairie,

Submitted by Chris Norman on Tue, 06/07/2011 - 11:13pm.

Exactly. That's why they sneer at everything that middle-America embraces - WalMart, SUVs, McDonald's, NASCAR, etc. They have the pretense of being superior to middle-America - intellectually, politically, and culturally. Then they have the sheer audacity to profess being for the "common man".

Let's make the 2012 campaign: "The War on Error"
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Chris...What is funny about this, in a sad kind of way...

Submitted by PrairieSky on Tue, 06/07/2011 - 11:43pm.

is that types like O'Donnell really don't and probably never will "get it"...They live inside their little liberal elitist bubbles and go through life with their liberal elitist blinders on, and never see this country and its people for what and who we really are. I am sure that these people are certain that they are the brilliant, beautiful people who have all the answers and the rest of us are the dowdy ones who spend our drab lives wandering around in ignorance...What they don't see, and probably never will, is that there are many, many more of "us" than there are of "them". If these types ever did truly realize that, I wonder if they would ever take the time to wonder "why"?

Probably not.

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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"...is that there are many,

Submitted by Chris Norman on Tue, 06/07/2011 - 11:42pm.

"...is that there are many, many more of "us" than there are of "them".

That sounds like the final scene in "Revenge of the Nerds", doesn't it?

My dad used to observe in the sixties that radical liberals on college campuses thought they were showing their phony empathy for the "common working man" by just wearing jeans, work boots, and denim shirts - as if that fooled anybody.

Let's make the 2012 campaign: "The War on Error"
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Yeah, I guess it does...

Submitted by PrairieSky on Tue, 06/07/2011 - 11:52pm.

I didn't even think of that...I haven't seen that movie in a long time. But it is true...That is how those types think and live their lives.

So, radical libs thought that wearing jeans, work boots and denim shirts showed how empathetic they were, huh? They really had no clue, did they? And nothing has changed since then...These types still think like this...They are so shallow and condescending, and they just don't see it.

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Prairie,

Submitted by Chris Norman on Wed, 06/08/2011 - 12:10am.

Kind of veering off on a tangent, but I always thought that it was interesting that the "Popular Crowd" in high school had the least number of members and were actually the least-liked by the vast majority - who thought they were snobs - which most of them were at the time.

Let's make the 2012 campaign: "The War on Error"
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Chris...Exactly! Excellent analogy...

Submitted by PrairieSky on Wed, 06/08/2011 - 12:20am.

That is precisely right...And isn't it strange how that essentially same kind of dynamic seems to carry over to adult life? I guess people are people, and that the dye is set when we are young.

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Chris-PrairieSky---

Submitted by matthewdean on Wed, 06/08/2011 - 12:34am.

Oddly enough, when I was in high school, the "snob" group with the hippest rags and newest vehicles, were referred to by us hoi polloi as "Sosh-ez", short for 'socialist', cuz they would only hang with, and speak to, their little inbred socializing clique.

Must have been deja vu.

edit - deja vu in reverse.

MD

"The credibility of the story is undermined by the selection of sources." - (h/t Jer)
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md..."deja vu in reverse"...

Submitted by PrairieSky on Wed, 06/08/2011 - 12:50am.

Ironic, isn't it?

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Prairie---

Submitted by matthewdean on Wed, 06/08/2011 - 12:55am.

Yeah.

How's that go?  The more things change, the more they stay the same.

MD

"The credibility of the story is undermined by the selection of sources." - (h/t Jer)
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md...Yep, and in certain unfortunate circumstances...

Submitted by PrairieSky on Wed, 06/08/2011 - 1:00am.

like what we have been discussing, it is all too true.

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Prairie & MD

Submitted by Chris Norman on Wed, 06/08/2011 - 1:04am.

It does seems that age is the great leveler. At my last high school reunion, it was startling (and gratifying in a schadenfreude kind of way) to see that many of the "beautiful people" in high school had become matronly, balding, and dumpy. The most arrogant, swaggering "stud" on campus had morphed into a balding, paunchy, humble and pleasant guy. One high-end girl who barely spoke to me in school had become somewhat dowdy and very nice. My next reunion is coming up at the end of July. I don't know whether to look forward to it or dread it. I don't care how I come across looking - it wasn't like I had great looks to lose - and I was always considered a "nice guy". Still, I'm kind of proud I just lost forty pounds and pray I can keep it off at least until then. I have some vanity left...:)

Let's make the 2012 campaign: "The War on Error"
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Chris---

Submitted by matthewdean on Wed, 06/08/2011 - 1:10am.

Hell, vanity is all I've got left.

Of course, I avoid mirrors like the plague; as I wouldn't want to hurt my own feelings.  Hah!

MD

"The credibility of the story is undermined by the selection of sources." - (h/t Jer)
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Chris...I completely understand...

Submitted by PrairieSky on Wed, 06/08/2011 - 1:18am.

what you're saying...And I think you're right about some of these folks. They (finally) grew up, had some life experiences that may well have opened their eyes to how they behaved when they were younger, and hopefully have become better people for it. This is the case with some, but not all people, unfortunately.

As far as being considered the "nice guy" that's just fine...I married a "nice guy". The "nice guys" are the ones that I personally remember best and have the fondest memories of...The memories of the shallow, superficial types have largely faded over the years into unimportance...So, be proud of yourself about your terrific weight loss (good for you!), go to your reunion in July with confidence, and have a great time!

"Freedom is never more than one generation away from extinction...It must be fought for, protected, and handed on for them (our children) to do the same." ~President Ronald Reagan 

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Ask 100 random Americans what

Submitted by Rusty Shackleford on Tue, 06/07/2011 - 11:08pm.

Ask 100 random Americans what an economy is and I bet 99 of them will give you some sort of answer involving money "It's, duh, like when people have money and spend it on junk you know?"

 

The public is ignorant on economics and that's why it's so easy for the Democrats to trick the public into supporting socialism because it appeals to the greed of the masses with its promises of the free lunch and their jealousy of those with more. It takes logic, not emotion, to see why socialism is such a disaster.

 

The democrats own the education system in this country so if it was to the democrats' benefit for the public to understand economics, the public would understand economics.  The schools don't address economics at all!  That alone shows that it's to their party's advantage to keep the masses dumb on economics.




-----------------------------------------------------------------------------
Chris Matthews: The Joy Behar of MSNBC.
Bill Maher: The Joy Behar of HBO.
Paul Krugman: The Joy Behar of The New York Times.
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ala Reagan

Submitted by the struggler on Tue, 06/07/2011 - 11:49pm.

Yeah...And Larry knows so much that's not true.

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Lawrence O'Donnell is CLUELESS!

Submitted by blazermaniac on Wed, 06/08/2011 - 12:12am.

He knows absolutely nothing, which makes him a perfect host for an PMSNBC show.

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No, that's not it...

Submitted by Bill Brasky on Wed, 06/08/2011 - 1:00am.

It's that no MSNBC hosts know anything about the economy. What recovery Larry?

"If you want to make a Conservative angry, tell him a lie. If you want to make a Liberal angry, tell him the truth." - Rush Limbaugh
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What Would Jesus Do, Larry?

Submitted by bigdaddy on Wed, 06/08/2011 - 1:27am.

We were too stoopid to understand the bible until you explained it to us. Guide us Larry, truly you are the smartest man alive. Yours is the superior intellect. We are mere insects compared to you. Tell us what to buy, what to eat, who to vote for...

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I'd agree with the 'MSNBC jerk' if he had said, "Most...

Submitted by jawebster1 on Wed, 06/08/2011 - 2:53am.

Democratic voters don't know a thing about the economy." The reason they don't know anything about the economy is because they are Democrats. They also don't know anything about our 'Founding Fathers' and why America is so exceptional...up until rhe 'Obama Regime', that is.

Jim Webster
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I disagree that the liberal MSM has ever pandered

Submitted by johnsonl on Wed, 06/08/2011 - 5:53am.

to "regular" (conservative) folks. It has always been my impression that they are aloof and disdainful of us. I don't think think I've ever seen anyone in the liberal MSM show sincere admiration for the average American. They think we are sheep, placed on this earth to adore them, boost their ratings, follow their tweets and agree with them. Nasty little narcissistic, spoiled brats. Katie Couric is a perfect example.

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I totally agree

Submitted by ohio granny on Wed, 06/08/2011 - 9:02am.

I absolutely agree with what you said. Most liberals profess to care for the poor. But what does high gas prices, higher food costs and no jobs do for the poor? But what do libs do to help? Push for higher gas prices, use more ethanol and force higher food prices?

Gee, I guess Dems/liberals feel better now.

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Reminds me!!!

Submitted by LaVallette on Wed, 06/08/2011 - 8:14am.

Reminds me of the so called progressive "Catholics in name only", the ones usually imbued with the so called "spirit of Vatican II"

"We now have a very intelligent and very well educated congregation, and therefore those stodgy old men in the Vatican must listen to the Voice of the Faithful and take heed of the Sensum Fidelium on issues of Abortion, contraception Homosexuality and gay marriage, women priests " and whatever other current progressive social fads they approve of.

Contrast with: The relatively minor changes being introduced to the English Mass, to bring it closer the the actual language and meaning used in the Latin of the Roman Missal"

"Oh, our poor Catholic Faithful. Again oppressed by another set of changes. Their confidence so strongly undermined by these constant changes. They will be so confused and they will find it so hard to understand the reasons for these changes. The older ones will never be able to cope.

The "most intelligent well educated and informed": when it suits your agenda, the most "stupid, uneducated and uneducable and uniformed" when it does not.

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Lawrence is part of that majority he speaks of

Submitted by OffTheLows on Wed, 06/08/2011 - 8:25am.

how else would one explain his self described socialism. If he knew anything, he'd know the only way to really survive in a socialist economy would be to live in a region so resource rich and population sparse that other areas of the world who operate as capitalists will pay you sufficiently for your commodities that you can fund the flawed ideology.

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what makes a Liberal a

Submitted by look on Wed, 06/08/2011 - 8:32am.

what makes a Liberal a Liberal is their economic illiteracy...

http://perceptionasreality.blogspot.com/
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Larry OD

Submitted by PrimalElements on Wed, 06/08/2011 - 8:56am.

Neither do you..........that is evident.

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i may not

Submitted by ron on Wed, 06/08/2011 - 9:29am.

understand the economy but i do know i don't bring home as much from the grocery store that i used to for the same amount of $

ron
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I totally agree with Larry O'Donnell

Submitted by Dave. on Wed, 06/08/2011 - 9:51am.

The vast majority of the government-educated American sheeple are economic illiterates, and Larry O'Donnell is at or near the top of that list.

-Dave

Vote for the American in November

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What the public does

Submitted by Beukeboom on Wed, 06/08/2011 - 11:36am.

What the public does understand:
higher taxes
one cannot spend there way out of debt
there's too much government intruding upon our lives
it costs more to live today with the prices of essential goods and services going up while salaries can't and don't keep up not to mention those who are out of work or underemployed
etc

So Larry, the public does understand economics far better than you give them credit for. It may not be put into terms used in academia but the principles found in both maco- and micro-economics are well understood by most Americans as they relate to their day-to-day lives.

What Larry doesn't understand is the American public since he's up in his ivory tower hanging with the snobbish liberal elites.

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