…The acronym of which would appropriately be SOB:

President Obama says he would like to establish a “secretary of Business” if he wins a second term.

In an interview with MSNBC, the president said he wants to consolidate a number of business and trade-related agencies, creating a “one-stop shop” for oversight.

“I’ve said that I want to consolidate a whole bunch of government agencies. We should have one secretary of Business, instead of nine different departments that are dealing with things like giving loans to SBA [the Small Business Administration] or helping companies with exports,” he said in an interview with MSNBC’s Mika Brzezinski and Joe Scarborough.

Obama’s statements amount to a late-campaign effort to burnish his business credentials against Republican Mitt Romney, who has highlighted his success as a private equity executive throughout the presidential race.

Yep, that sounds about right — Obama’s plan to bolster American businesses is to… expand government.  

As you can imagine, the Romney camp jumped all over this insanity:

“We don’t need a ‘secretary of business.’ We need a new president who actually understands business and won’t punish it with the job-killing regulations that have been imposed by the Obama administration,” said Ryan Williams, a campaign spokesman. “Mitt Romney spent his career in the private sector as a successful businessman, and as president he will promote pro-growth policies that will create jobs, help small business and strengthen the middle class.”