The owner of the Home Depot explains how "disengenuous" the Obama administration is when it comes to helping small business. Bernie Marcus is kind, though. He doesn't accuse the White House of being malicious, just dumb.
Speaking on CNBC's Squawk Box, Marcus criticized the administration of President Barack Obama, including U.S. Secretary of the Treasury Timothy Geithner, which he said is full of academics without business experience.
Marcus said that Geithner should run a small restaurant for a short time to see how difficult it is to prosper while dealing with government paperwork.
He got more colorful than that.
"My solution is that you take a guy like Timothy Geithner and put him in a new reality show," Marcus said. "It's called ‘Timothy Geithner Does Small Business,' something like ‘Debbie Does Dallas,' (a pornographic film) and it ends up the same way.
"Basically, what they're doing to small business is very similar ..." (to the movie).
The house of dumb, according to the guy from the Home Depot, is the White House.