If President Obama Keeps Ignoring Nobel Winning Economists, Why Do We Keep Saying He Is A Really Smart Guy?

It seems to me that when a smart lawyer gets advice from Nobel-prize winning economists to change course on many of his ill-advised policies (the advisors being foxes in the henhouse like Larry Summers and Tim Geithner), he should take it. President Obama is such a lawyer and Joseph Stiglitz and Paul Krugman are two such economists. He routinely ignores these top world economists' advice. Either he is not smart, or he is taking us for a ride.