Wednesday, July 18, 2012
Obama's Lack of Business Sense: Is It Ignorance or Disdain?
Sununu was nuclear. He said that Obama’s comments show three related things: 1) The President doesn’t understand how America and business work. No wonder his administration has failed to create jobs. 2) Obama’s crony capitalism: he thinks the way to create jobs is for the government to pick winners and losers, and slide money to Obama’s bundlers and allies. 3) Obama’s attitude toward small business also reflects where he comes from, the “murky political world” of Chicago where politicians and felons are interchangeable.
Sununu wrapped up by saying that not only were Obama’s comments insulting to entrepreneurs, they show he has no idea how the economy functions. He said he wished Obama would learn how to be an American...
John Hinderaker of PowerLine goes on to describe the highlights of this conference call with journalists. And then he details some of the lowlights too; namely showing how the mainstream (read Democrat) journalists on the line tried to ignore, distort and spin things in Barack Obama's favor.
This is a most enlightening article...in more ways than one.