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Icahn Says Obama Would Be `Terrible’ U.S. President

Billionaire investor Carl Icahn said Barack Obama would be a “terrible” U.S. president whose election would bring higher interest rates and a loss of international confidence in the dollar. “I don’t normally get involved in politics, but this time I am,” Icahn told an investors conference in New York last night. “I don’t think Obama really understands economics.” . I personally think he would be a terrible president,” Icahn, 72, said. Obama would probably go on a “huge spending spree” that “the country can’t afford right now.”

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