Jack Welch, the revered former chief executive of General Electric, says that while he admires President Obama, White House budgets are profligate and extremely dangerous.
He joins other chief executive luminaries, including retiring Intel Chairman Craig Barrett, in warning that the government’s growing role in the economy, and the trillion-plus deficits that will bring, is a serious risk to the economy.
“The guy is such a magnificent communicator,” Welch tells Bloomberg TV. “His personal magnetism makes him a heck of a leader in terms of being able to communicate, put a vision together and deliver.”
But that doesn’t mean Welch approves of the president’s budget.
Perhaps the "messiah" is starting to get wet as he walks on water?
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