Car Executives: Obama Good for Business

     I don't know what to make of this. Obama good for business? What about all the regulations-Dodd-Frank, ObamaCare the "tax hikes" the radical rise of uncertainty, the unprecedented power grab by big government?

     Turns out some some business orders haven't shrugged as Paul Ryan's den mother would put it.

     "Former President Bill Clinton may be the highlight of Wednesday’s Democratic convention speakers, but a number of business leaders, including Carmax co-founder Austin Ligon, are also giving speeches to address whether the economy is better off under President Obama’s leadership."

    

     “None of us are happy with where we are but we’re much better off than any developed country in the world,” Austin Ligon, former CEO of Carmax, told CNBC’s "Power Lunch."

“What people forget is how bad things were and how much we had to do to simply stop the collapse,” Ligon said ahead of his convention speech."

   (Read More: Is the US Better Off? Costco Co-Founder Says Yes.)

    "Ligon, who co-founded the country’s largest used car dealership [KMX 32.465 0.845 (+2.67%) ] , points to auto industry’s turnaround as an Obama success story. The auto industry was on the edge of the abyss early in the Obama administration, Ligon noted.

     http://www.cnbc.com/id/48913281/

     Ok, fine. So Obama rescued the auto industry. Of course, Mitt Romney would have done the same thing, only better. Just like he would have taken out Bin Laden in the same way only better-though in 2007 he said it wasn't a priority. But, hey, that's just what the fact checkers say.

      The Obama administration took rapid and decisive action to restructure GM and Chrysler,” Ligon said, including firing management. “Within a fairly short period of time these companies were working effectively again.”

    "That has led to a strong rebound in auto industry growth, with sales climbing nearly 50 percent, according to Ligon."

     I don't know what to say. Who would think that there's a American business leader so foolhardy as to support the President's reckless anti business agenda? I mean yes, the S&P rose to it's highest number since May, 2008 but Romney would have done the same thing, only better.

    It's more or less his stock answer to everything. He'd be better but he won't tell us why because he doesn't know.