WATCH: Home Depot Founder Hammers Obama 'Academics'

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No one in the White House knows how to create jobs, and Bernie Marcus knows why. On CNBC, the founder of Home Depot blasted Barack Obama and his administration as a collection of tenured dilettantes who have never had to meet a payroll in their lives. Greg Hengler offers a couple of juicy excerpts from his appearance, especially when Marcus starts “apologizing” for having created over 300,000 jobs through the kind of entrepeneurship that the current White House wants to discourage:

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