DeJoria: Obama may lack business sense to help middle class

CNBC reports:

Billionaire and serial entrepreneur John Paul DeJoria—the co-founder of Paul Mitchell Systems and Patrón Tequila—said that although President Barack Obama means well, he likely doesn't have the business acumen to do what is best for the middle class. The government needs "we the business people, we that started with nothing and made something, advising the government or helping the government," DeJoria told "Squawk on the Street" Monday. "And we'll do it for nothing."