Obama compared the daily market fluctuations to a tracking poll in politics and said he wouldn’t be adjusting his policies just to meet daily market expectations.
“If you spend all your time worrying about that, then you’re probably going to get the long-term strategy wrong,” he said.
From Marx and Engels, 1848:
The proletariat will use its political supremacy to wrest, by degrees, all capital from the bourgeoisie, to centralize all instruments of production in the hands of the State, i.e., of the proletariat organized as the ruling class; and to increase the total productive forces as rapidly as possible.
Of course, in the beginning this cannot be effected except by means of despotic inroads on the rights of property and on the conditions of bourgeois production; be means of measures, therefore, which appear economically insufficient and untenable but which, in the course of the movement, outstrip themselves, necessitate further inroads upon the old social order, and are unavoidalbe as a means of entirely revolutionizing the mode of production.
We wouldn't want to take our eyes off the prize, would we Barack?
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