Intel CEO: Obama doesn't get it

Paul Otellini says the Obama administration's economic policies have not resulted in job growth or increased confidence.

SAN FRANCISCO (CNNMoney.com) - Intel chief executive officer Paul Otellini said the Obama administration needs to do a lot more to help create jobs and get the economy back on track.

In an exclusive -- and very candid -- interview with CNNMoney.com, Otellini said politicians simply don't get it when it comes to key economic issues.

"The decisions so far have not resulted in either job growth or increased confidence. When what you're doing isn't working you rethink it and I think we need to rethink some plans," he said at the Intel Developers Forum in San Francisco.