Heh... at first I thought this was a joke - but apparently not... and supporters wonder why so many entrepreneurs and business people think Obama is entirely out of touch....?


President Obama says he would like to establish a "secretary of Business" if he wins a second term.

In an interview with MSNBC, the president said he wants to consolidate a number of business and trade-related agencies, creating a "one-stop shop" for oversight.

"I’ve said that I want to consolidate a whole bunch of government agencies. We should have one secretary of Business, instead of nine different departments that are dealing with things like giving loans to SBA [the Small Business Administration] or helping companies with exports," he said in an interview with MSNBC's Mika Brzezinski and Joe Scarborough.

Obama's statements amount to a late-campaign effort to burnish his business credentials against Republican Mitt Romney, who has highlighted his success as a private equity executive throughout the presidential race.

Not surprisingly nor undeservingly, many Republicans are now making fun of him for it:

He must have missed this department somehow in his cabinet meetings: