Hyperbole and the CEO
Back in June, Senator Obama said this and we made fun of it (twice) because of the statement’s absurdity and grandiosity. Note the strangeness and inappropriateness of the phrase “absolutely certain”:
I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal…
What a load of malarkey (BTW, remember we are the ones we’ve been waiting for?). You have to have fallen off the turnip truck pretty recently to go for such nonsense. However, that was a campaign. To be a candidate is one thing. To be the President and CEO of the American government is another. A CEO has to watch his words. That message apparently hasn’t gotten to the White House yet. In his Saturday address, the President served up some of the same hyperbole we’ve previously criticized:
Yesterday began with some devastating news with regard to our economic crisis…we received yet another round of alarming employment figures – the worst in more than 30 years. Another 600,000 jobs were lost in January…if we don’t move swiftly to put this plan in motion, our economic crisis could become a national catastrophe…
There are perhaps occasions for a President to use the words “devastating” and “catastrophe” to describe events in America. Pushing for a particular bill in Congress is not an appropriate occasion. A CEO ought to be restrained in the use of hyperbole because his actions and words have to roughly correlate with each other. What words will Obama have left over if and when a real catastrophe or devastating event occurs?
Thus we return to a question that no one seems to know the answer to. Does Obama really believe his exaggerated rhetoric? If the answer is yes, the implications are deeply disturbing.
Commentators have mixed views of the President’s current performance. Michael Barone notes a “coolness and sense of command” in the President’s media interviews. Maureen Dowd sees Obama as “snow-blinded”, and notes an odd comment by the President about not wanting to be “mediocre.” Mark Steyn says Obama appears to be “all at sea.” If we had to guess at this point, we think that the latter assessments are probably correct.
It is a very hard thing to be an effective CEO, or even a “mediocre” CEO. It’s not something you learn to do overnight (though some, like Harry Truman, have learned pretty fast). President Obama has no executive experience. It would be an indication that he is learning on the job if he starts cutting back on his hyperbolic rhetoric. Otherwise, it’s going to be a long four years.

February 9th, 2009 at 6:01 am
Obama’s message should be all about stimulating demand, not ending it. What a grade school loser this guy has turned out to be.
The passage of the stimulus bill would be a pyric victory at best: as no one in their right mind (who has cash) is going to spend it while the world is ending. The economy needs to wait, and heal. Debt needs to be destroyed (along with political and business careers built on the cavalier use of debt).
February 9th, 2009 at 7:42 am
…President Obama has no executive experience. It would be an indication that he is learning on the job if he starts cutting back on his hyperbolic rhetoric. Otherwise, it’s going to be a long four years.
I agree completely, just as I agreed with George Will a few months ago (italics mine):
No guarantees.
With fingers crossed, I remember that Bill Clinton got off to a very rocky start but wound up with a successful Presidency (one that would have been extremely successful if not for his personal flaws).
February 9th, 2009 at 10:21 am
…We out here in Californistan made the bad decision of electing a neophyte CEO and blowhard in The Governator. We fired our last Governor, the little gray squirell, for a $5 bil deficit and now have a $42 Bil shortfall to show for our miserable decision. Clinton had executive experience; Obama has none. It shows and will continue to haunt us for the next 4 years, which will seem like an eternity…and just might be.
February 9th, 2009 at 12:48 pm
One wonders if Obama’s rhetoric will become self-fulfilling prophesy? How many corporate managers are hearing all the doom and gloom, and while business may not be all that bad, laying off people and retrenching ‘to prepare for the worst’?