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Leadership Quote by Rick Perry

"I don't think Obama understands basic economics. Not economics that work. He may understand some theory that someone in Princeton sat and dreamed up, but it's not working"

About this Quote

Perry’s jab works less as an economic argument than as a cultural sorting mechanism: it asks the listener to choose between “real-world” common sense and airy elite abstraction. The line is built on a classic populist contrast - “basic economics” versus “theory” - then sharpens it with a name-drop designed to sting: Princeton. Not Harvard or “academia” in general, but a specific brand of credentialed authority that conservative audiences have been trained to distrust. The implication isn’t simply that Obama is wrong; it’s that his wrongness is baked into where he comes from and who he listens to.

The repeated hedge (“I don’t think,” “may understand”) is strategic. It lets Perry float an indictment without the burden of proof, framing suspicion as prudence. Then comes the rhetorical trap: “Not economics that work.” If the economy is struggling, the definition of “working” collapses into a mood and a scoreboard, not a model. That’s the point. He’s not arguing over multipliers or unemployment elasticity; he’s translating macro policy into a gut-level verdict.

Context matters: this is Tea Party-era politics, where “expertise” had become a partisan tell and the post-2008 recovery was a proxy war over stimulus, regulation, and the legitimacy of technocratic governance. Perry’s subtext is that Obama’s policies aren’t just ineffective - they’re foreign, imposed by people who never had to meet a payroll. It’s a line meant to mobilize resentment as much as it is to critique policy.

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Rick Perry (born March 4, 1950) is a Politician from USA.

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