Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of MacroBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Personal Finance / Macroeconomic Trends & Risks
Unthreaded | Threaded | Whole Thread (11) |
Author: Goofyhoofy 🐝 HONORARY
SHREWD
  😊 😞

Number: of 4460 
Subject: Re: When smacked with a hand, the game is a foot
Date: 05/29/25 10:38 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 5
While Biden was president, his failing mental acuity was apparently kept from, not only the press, but even his cabinet members. That means that "aides" were, in fact, making policy and running the government to a fair degree.

Not for nuthin’, but that is always true. The President sets the overall agenda, and aides carry out most of the dirty work: rounding up votes, writing (or help writing) legislation, deflecting people with requests, reaching out to lobbyists for support and all the rest.) There is simply far too much going on for one person to be “in charge” of it all, except in a “vision” role. Now add up all the wasted time in performance-of-the-job activities (dinners, greeting and photo-ops with donors, glad handing the little people and so on, and there’s really precious little time for the real in-the-trenches work of getting things done.

That doesn’t mean that Biden was fully on-the-job, I’m not making apologies, and the staff (particularly Chief of Staff) is probably more in charge of getting what’s important in front of the president, and thereby has a larger hand in getting things accomplished than the President himself.

Supposedly they reduced Biden’s hours to “more daylight”, less “later in the day”, which, if the Chief of Staff was competent, meant that the most important stuff still passed his desk while the chaff was shuffled off to underlings.

I’m still agog that they were able to hide his decline for so long, particularly with the kind of scrutiny that happens these days as compared with, say, Wilson’s stroke and his wife’s protective enclosure around him for such a long time.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to Goofyhoofy here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 4,454 posts about Macroeconomic Trends & Risks. The article-length ones it recommended most:
AI Tarpits · 36 recs · 2026
End of an era - profit slowdown · 36 recs · 2023
Control Panel: Trend changes in 2026 · 34 recs · 2026
From the Oregon Bay Area (a blogger) · 33 recs · 2025
Lerner Symmetry Theorem · 32 recs · 2025
Unthreaded | Threaded | Whole Thread (11) |


Announcements
Macroeconomic Trends & Risks FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Macro | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community