Connect with us

Hi, what are you looking for?

Jewish Business News


Mort Zuckerman Disparages Obama’s Economic Plan, Middle East Policy

Mort Zuckerman 640x360

Billionaire Mort Zuckerman slammed the Obama administration over its Middle East policy and economic plan during a TV appearance last week.

Appearing on Friday’s “McLaughlin Group”, Zuckerman argued that President Obama’s economic plan fails to deal with what is happening in the United States, said.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

While the State of the Union was “brilliant…as a speech, ” he said “the substance was a whole other matter.”

“The problem with what he was talking about is it doesn’t address what is happening in this country, which is the erosion of the quality of work. It’s not just the quantity of work, you have today, if you take in people who are involuntary, part-time workers and you count them as what they really are, they’re sort of half-employed, the real unemployment rate is about 11.2% according to the government.

“The economy is very weak, and he’s got to find some ways to improve the economy, he had a lot of good programs, in a situation in which you get past the issue of employment. But to my mind employment, and good employment is the key to everything”, Zuckerman said.

Zuckerman is chairman of U.S. News and World Report and editor-in-chief and publisher of the New York Daily News.

Also, after fellow panelist Tom Rogan argued that U.S. foreign policy had been largely unsuccessful in Yemen and Iran, calling Obama’s foreign policy “a joke”, the billionaire said America has almost completely lost its credibility in the Middle East, said.

“We took our troops out too early in Iraq, we did not stand behind what we said we would do if Syria got engaged in the way it was, our credibility in that part of the world is virtually eliminated”, Zuckerman said.

Meanwhile, a report said Conservative Senator Ted Cruz is making efforts to win over Jewish pro-Israel democrats like Zuckerman.

Zuckerman, who usually backs moderate democrats, hosted a lunch for Cruz in November, Frontpage Mag said, quoting a report in the New York Observer.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News