Sunday, October 16, 2011

Zuckerman: "The sense is that the policies of this government have failed. . . . What they say about [Mr. Obama] when he's not in the room, so to speak, is astonishing."

"I long for a triple-A president to run a triple-A country." - James Freeman/Wall Street Journal

New York Daily News owner ◼ Mortimer Zuckerman maintains that America will solve its problems over the long haul—"I am not somebody who's pessimistic about this country. I have had a life that's been better than my fantasies," he says—but he's certainly pessimistic about the current administration. That began shortly after inauguration day in 2009.

Obama and the 'Competency Crisis' - Mortimer Zuckerman/Wall Street Journal

It is no surprise that many have begun to doubt the president's leadership qualities. J.P. Morgan calls it the "competency crisis." The president is not seen fighting for his own concrete goals, nor finding the right allies, especially leaders of business big or small. Instead, his latent hostility to the business community has provoked a mutual response of disrespect. This is lamentable given the unique role that small business especially plays in creating jobs.