Thursday, September 18, 2008

Media Mogul Rupert Murdoch says Obama economic policies naive

In a live interview on Your World with Neil Cavuto on FOXNews, Rupert Murdoch, CEO of News Corp. (Wallstreet Journal, New York Post) said that Obama's policies are naive and outdated as they applied to the state of the U.S. economy of the 1960s. Murdoch stated that if allowed to unfold, Obama's economic policies would prevent job creation in America, shrink the American economy, and slow many economies around the world.