Two reports that show how incompetent B Hussein Obama is in Econ 101

Now, what is B Hussein Obama doing on the economy:

U.S.: Obama Tells G-20 To Seal Economic Recovery
June 18, 2010
U.S. President Barack Obama asked the G-20 to work closely “to safeguard and strengthen” the recovery of the global economic system, AP reported June 18. Noting in a letter that “significant weaknesses” linger among the major and developing economic powers, Obama said the June 25-27 summit should focus on efforts to stabilize public debt. He said nations must be careful about withdrawing stimulus programs too quickly during slack demand and general business sluggishness. Washington is committed to the restoration of fiscal sustainability, he stated, adding that all G-20 countries should have credible, growth-friendly plans to restore sustainable public finances.

Let's look at someone who want their economy to get moving.

Russia: Capital Gains Tax Scrapped On Foreign Investors
June 18, 2010
Russian President Dmitri Medvedev said starting next year Russia will scrap the capital gains tax on long-term foreign investment to attract more investment, AP reported June 18. He acknowledges that Russia will need an “investment boom” to get its oil-and-gas based economy on track. Medvedev also told a major business forum that Russia would cut the number of strategic enterprises fivefold to allow for partial foreign ownership of these companies.

Great....the Russians are better capitalist than we are.