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CNBC’s Jim Cramer reported Friday morning on Squawk on the Street that he’s hearing from business leaders off-camera that Obama is hated by business leaders. “The disdain is off the charts! This guy, he is hated like Jimmy Carter!”
Cramer’s candid insight came after news from anchor Melissa Lee that there was a sadness about the economy from many traders and about how The Conference Board said there was a 45% chance of the US going into recession. “They say that since 1988, every time that The Conference Board predicted the chances were higher than 40%, we soon went into a downturn. I just throw that out there in the context of it looks like the support for the American Jobs Act is unraveling a bit from both sides of the aisle for that matter. Could the writing be on the wall for President Obama’s presidency?”
“Let’s take The Conference Board at face value. Let’s say that’s right,” Cramer responded, “I mean, look, you don’t understand, when you are off-camera, I mean — the disdain for this guy! I often find myself saying like Trump did: ‘Come on, it is America. He’s our President. Support him.’ The disdain is off the charts! This guy is just hated. Okay. He is hated like Jimmy Carter!”
President Barack Obama says his wife and daughters aren’t “invested” in him being president and would have been fine had he decided against running for re-election. But he says they believe in what he’s doing for the country.
Asked about his family’s reaction to his wanting another term, Obama said: “Michelle and the kids are wonderful in that if I said, `You know, guys, I want to do something different,’ They’d be fine. They’re not invested in daddy being president or my husband being president.”
He says first lady Michelle Obama would be the first one to encourage him to do something “a little less stressful” if she no longer thought that what they were doing was worthwhile for the country. Obama’s interview aired Tuesday on NBC’s “Today” show.
Since it appears that a return to the Jimmy Carter era is looking like a best case scenario right now, perhaps not so strangely, I find myself in total alignment with Michelle and the kids.
I’m OK with him being a “one-termer”, too.
The creation of the Federal Department of Education is one of the biggest travesties in the American history. The schools in the USA are run by the states. The Local Governments license their teachers, approve the curriculum programs and manage the school system including buildings equipment, transportation, and food. Every problem and every question a mother or a student has can be answered on a State level. The school system is funded by state income, sale and property taxes. Federal government just sprinkles billions of dollars on the top of the education pie to spice it up a bit.
The intrusion of the Federal government in education began when Jimmy Carter created the Department of Education as a separate cabinet seat. Ronald Reagan tried to close the new bureaucratic monstrosity, but was stopped by the democrats running the House.
There is absolutely no need for Federal Department of Education. The Feds are trying to duplicate the State Education Board’s functions and that is costing the tax-payers billions of dollars.
All presidents after Reagan kept the Education Department going. We thought George W Bush pushed our spending limits with his “No child left behind” nonsense. If we only knew what Barack Obama had in mind for the education?
The full story at: http://www.bigbureaucracy.com/?p=420