Classic Jack Welch on CNBC - Obama Policies Are Terrible

Former GE Chairman & CEO Jack Welch is slamming Obamanomics on CNBC, saying that Republicans are the "party of no" because all of these policies are "terrible." He has ripped everything from the Finreg to Obamacare to the Auto bailouts and more.

President Barack Obama's administration has an "anti-business" bias which manifests itself through intimidation, trade, taxes and regulation, Welch also said.

Classic. But what does Jack Welch know? Shouldn't we have more faith in our dear politicians than simple business leaders?

*Update*
Even liberal elitist Warren Buffett says that the stimulus has had much less impact than economists had hoped and that he has know idea how to change the sour mood among Americans. (Hint, Warren: throw your buddy the hell out of office.)