Posted on 08/30/2014 5:45:29 PM PDT by Hojczyk
US News and World Report Chairman and Editor-in-Chief and publisher of The New York Daily News, Mort Zuckerman argued that President Obama “has lost the confidence of the business community” on Friday’s broadcast of “The McLaughlin Group.”
“[The economy] has...grown by about 2%, 2.1%, for the last five years, which is the lowest rate of growth coming out of a recession we have had ever, since the Great Depression.
And what’s more, that only took place, not because of the fact that the economic environment was that good, it's because we have a hugely stimulating monetary policy and fiscal policy. We have run up huge national debt and we have undermined the value of the dollar, and this is in my judgment not representing a good economic policy” he argued.
And “he [Obama] has lost the confidence of the business community and the business world in terms of where it counts, which is investment, and new plant[s] and equipment.”
Zuckerman concluded that the national debt would “restrict what we are going to be able to do as a country for decades,” adding that “we have a situation where we are losing the competitive edge that we had, not totally, but in many, many areas.”
(Excerpt) Read more at breitbart.com ...
Fascist Big Corp loves Socialism when they benefit financially from it.
Communism is the new freedom and people don’t like it. Go figure.
DUH! The guy is obviously an intellectual giant..../s
Say it is not so!
Mort is a quick study. /s
and how does Zuckerman have any credibility?
oops I thought that was the Facebook guy
my bad.
His lack of credentials and experience led the business community to believe that he was "controllable".
Yup.
Morty is a bit late to the party.
“obama ‘has lost the confidence of the business community’”
Several years ago, zuckerman. And you’re supposed to be in the news business.
As long as ignorant voters believe this is the result of Bush II and not Obama’s communism, it doesn’t help. In a country of educated voters Obama would have been crushed in 2012 (if he ever got through 2008). Also, there are still plenty of lazy, shiftless people who know exactly what he is and they still support him.
Obama ought never to have had the “confidence of the business community.”
He is both Constitutionally and economically illiterate.
Nope. He is the “You snooze, we tell you what to think” guy.
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