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proverbialwisdom

(4,959 posts)
Wed Dec 3, 2014, 01:21 PM Dec 2014

Obama to discuss economic ideas with CEOs

Source: CNBC

LIVE STREAM NOW: Bloomberg (and presumably CNBC)

President Barack Obama is meeting with leading CEOs to discuss ways to promote the economy and create jobs during his last two years in office.

Obama on Wednesday will attend the quarterly meeting of the Business Roundtable, an association of CEOs. Obama plans to give a speech and also take questions.

The White House says Obama will use the meeting to promote bipartisan opportunities to grow the economy and the middle class, such as tax reform, infrastructure spending and trade agreements.



Read more: http://www.cnbc.com/id/102234967



Bloomberg TV: http://www.bloomberg.com/tv/livestream/
56 replies = new reply since forum marked as read
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Obama to discuss economic ideas with CEOs (Original Post) proverbialwisdom Dec 2014 OP
oh, yeah, trade agreements are going to "grow the economy and the middle class" antigop Dec 2014 #1
Well swilton Dec 2014 #4
"tax reform, infrastructure spending and trade agreements"...... djean111 Dec 2014 #2
Exactly vi5 Dec 2014 #5
Another bingo Populist_Prole Dec 2014 #13
BINGO! nt antigop Dec 2014 #9
You got it! All about how to sell the next con and rip off more Americans on point Dec 2014 #27
He is trying to get some of them to let go of some of the trillions they have been making Thinkingabout Dec 2014 #3
Yeah I have a better plan Populist_Prole Dec 2014 #15
Yep and how many jobs is your plan going to open? Thinkingabout Dec 2014 #18
I have a question for you? lark Dec 2014 #20
How do you know the conversation he has had with the CEO'S been about TPP. Thinkingabout Dec 2014 #28
TPP is his plan. lark Dec 2014 #30
The OP says Obama plans to promote trade agreements n/t arcane1 Dec 2014 #32
LOL, your naivite is sad. Odin2005 Dec 2014 #47
Do you have a better plan to get the ecomony going, if you do please put it up Thinkingabout Dec 2014 #48
I think my avatar should make my views rather obvious. Odin2005 Dec 2014 #50
No pla, huh. Thinkingabout Dec 2014 #51
Say again? I don't speak Gibberish. Odin2005 Dec 2014 #52
No plan, huh. Thinkingabout Dec 2014 #53
Get ready to bend over! pocoloco Dec 2014 #6
This message was self-deleted by its author 1000words Dec 2014 #17
I see....Asking the fox about how to best guard the hen house. Populist_Prole Dec 2014 #7
Ayep. He could resign his Office and then go light himself on fire on the South Lawn.. Volaris Dec 2014 #35
I'm just wondering if the Republican 'hate' swilton Dec 2014 #41
What's it hurt to talk to CEOs? groundloop Dec 2014 #8
The problem is.... vi5 Dec 2014 #12
Uh, no. Every one of us are NOT in favor of more jobs and higher quality jobs for Americans. progressoid Dec 2014 #21
Do you see him talking to workers? lark Dec 2014 #23
I'm pretty sure what Obama and the CEOs will agree on Autumn Dec 2014 #10
What leads you to believe that Obama will offer corporate tax breaks and less oversight? tridim Dec 2014 #31
Paragraph three of the OP: arcane1 Dec 2014 #33
"Tax reform" != "Corporate tax break" tridim Dec 2014 #34
Are there any "bipartisan opportunities" that include MORE oversight? arcane1 Dec 2014 #37
I don't know, but I'm not going to... tridim Dec 2014 #38
We'll find out, since the meeting is today. arcane1 Dec 2014 #39
. Autumn Dec 2014 #43
Proof needed that he "has done the exact opposite" Bragi Dec 2014 #45
Related. proverbialwisdom Dec 2014 #11
I am sure he will get a lit of ideas from that crowd. They are not interested in America only in jwirr Dec 2014 #14
BOHICA n/t geomon666 Dec 2014 #16
Yup. n/t progressoid Dec 2014 #22
Oh, the naysayers, pessimistic views wothout options. Thinkingabout Dec 2014 #19
Not at all! lark Dec 2014 #25
I do listen to FOX from time to time so as to prepare answers for the RW bunch, Thinkingabout Dec 2014 #44
There are PLENTY of options. arcane1 Dec 2014 #36
Are heads of the AFLCIO, Teamsters invited? One_Life_To_Give Dec 2014 #24
Obama doesn't want to be seen talking to those people. lark Dec 2014 #26
He's offering "bipartisan solutions", and unions are not republican-approved arcane1 Dec 2014 #40
O goody abelenkpe Dec 2014 #29
The real title should be "Obama to discuss bad ideas with CEOs" (nt) dirtydickcheney Dec 2014 #42
Getting orders from his Capitalist masters. Odin2005 Dec 2014 #46
They don't even bother to hide it these days do they? (n/t) Nihil Dec 2014 #55
Because there are enough brainwashed people who will defend the prez no matter what. Odin2005 Dec 2014 #56
Oh fuck. lonestarnot Dec 2014 #49
That is like inviting suggestions from the fox . . . Brigid Dec 2014 #54
 

swilton

(5,069 posts)
4. Well
Wed Dec 3, 2014, 01:34 PM
Dec 2014

you know you have to get permission from the foxes before you tell them how you want the hen house run.

 

djean111

(14,255 posts)
2. "tax reform, infrastructure spending and trade agreements"......
Wed Dec 3, 2014, 01:32 PM
Dec 2014

more like how to present the TPP and other "trade" agreements as GOOD THINGS.
And cut taxes even more for corporations.

 

vi5

(13,305 posts)
5. Exactly
Wed Dec 3, 2014, 01:35 PM
Dec 2014

"Well, everything was on the table. He tried, but.........only the TPP and the tax cuts went through. We all agreed we needed to do SOMETHING and that SOMETHING is better than NOTHING.....so.........why are you demanding a pony?!?!?!

Populist_Prole

(5,364 posts)
13. Another bingo
Wed Dec 3, 2014, 02:08 PM
Dec 2014

Funny how those two issues are the only thing republicans and the president agree on. "Bipartisanship" at its finest.

Thinkingabout

(30,058 posts)
3. He is trying to get some of them to let go of some of the trillions they have been making
Wed Dec 3, 2014, 01:33 PM
Dec 2014

In profits and start turning around the economy. Does some else have a better plan?

Populist_Prole

(5,364 posts)
15. Yeah I have a better plan
Wed Dec 3, 2014, 02:48 PM
Dec 2014

Tax and regulate the shit out of them. They're not going to play nice just to play nice.

No more "free trade" agreements, and roll back the ones we already made.

Economic populism baby! Peasants w/pitchforks....bring it on!

lark

(23,156 posts)
20. I have a question for you?
Wed Dec 3, 2014, 03:33 PM
Dec 2014

How many good paying American jobs will the TPP eliminate? How many environmental laws will mean nothing if this travesty gets passed? The answer to both is lots and lots.

Eliminating tax benefits for moving jobs overseas and turning it into a major tax liability would definitely add lots of jobs, especially if it were joined with money for every new job added in America.

TPP is awful for all workers, for the environment and for labor laws - it guts them all unilaterally.

Thinkingabout

(30,058 posts)
28. How do you know the conversation he has had with the CEO'S been about TPP.
Wed Dec 3, 2014, 03:45 PM
Dec 2014

You don't know and you jump to conclusions without knowing. He just may be talking a plan to help to get our economy going.

lark

(23,156 posts)
30. TPP is his plan.
Wed Dec 3, 2014, 03:52 PM
Dec 2014

It stands to reason he'd bring it up. He's trying to promote this as a jobs creater, when it's totally the opposite. But again, the largest of corporations don't give a shit about creating jobs, they care about money in the pockets for the people at the very top and that's all they care about. The people that are sending/ have sent hundreds of thousands of American jobs overseas, sometimes whole divisions, are not the ones to ask for ideas about American jobs. They also strongly disagree with environmental laws and want those removed. Not the people I'd ask about anything that helps US workers and not a group that would say anything besides take away all regulations, give us unlimited money and we might create jobs, but won't say what country the jobs will go to.

Odin2005

(53,521 posts)
47. LOL, your naivite is sad.
Thu Dec 4, 2014, 10:33 AM
Dec 2014

Under Capitalism politicians take order from Capitalists, not the other way around. Obama is getting his orders from his masters.

Thinkingabout

(30,058 posts)
48. Do you have a better plan to get the ecomony going, if you do please put it up
Thu Dec 4, 2014, 10:49 AM
Dec 2014

For everyone to see, I doubt my naiveté tells me the corporations are going to reinvest their trillions they have just been sitting on without some negotiations. I don't pretend to think a bank is going to deposit a large amount of money into my bank account without me asking for a loan.

Odin2005

(53,521 posts)
50. I think my avatar should make my views rather obvious.
Thu Dec 4, 2014, 11:10 AM
Dec 2014

They don't involve capitalists doing anything except losing their heads.

Response to pocoloco (Reply #6)

Populist_Prole

(5,364 posts)
7. I see....Asking the fox about how to best guard the hen house.
Wed Dec 3, 2014, 01:36 PM
Dec 2014

I can see it now:

"tax reform" = tax cuts and more loopholes for corporate america. More inversions.

"infrastructure spending" = Red meat for the MIC

"trade agreements" = Throwing what's left of the working class under the bus and then attempting to assuage it by saying what little money they have left will go further at Mal-Wart thanks to cheap foreign shit.

As if this move will put him in good with republicans that hate him no matter what he does....

Sigh................................................................................................................................

Volaris

(10,274 posts)
35. Ayep. He could resign his Office and then go light himself on fire on the South Lawn..
Wed Dec 3, 2014, 04:05 PM
Dec 2014

and they would call him a traitor and then want him arrested for arson.

I say the President should spend the next 24 months EARNING the hate and ill-will the nation's idiots bear him.

E O on immigration reform is a good start. Next should be an E O on the definition of '..WELL-REGULATED..'.
Because, you know, Sandy Hook.

Then, Presidential Pardons for ALL NON-VIOLENT, non-trafficking drug felons (and it doesn't matter the drug). You know, in ANTICIPATION of the Rand Paul-led 'libertarian' Republican Congress actually getting oppressive government off people's backs...

Yeah, I would spend the next 2 years being SUCH a dick...

 

swilton

(5,069 posts)
41. I'm just wondering if the Republican 'hate'
Wed Dec 3, 2014, 06:10 PM
Dec 2014

is just all part of the theatrics.

When you get down to the basics, this is class warfare.

groundloop

(11,523 posts)
8. What's it hurt to talk to CEOs?
Wed Dec 3, 2014, 01:39 PM
Dec 2014

I'm pretty sure that every one of us are in favor of more jobs and higher quality jobs being created for Americans. It's also a reality that a majority of those jobs are going to be with corporations, so it makes perfect sense for President Obama to sit down and talk with the leaders of American corporations about this. I don't pretend that there aren't huge problems with the way many of our corporations do business, but what's the harm in at least discussing jobs with them?
 

vi5

(13,305 posts)
12. The problem is....
Wed Dec 3, 2014, 02:02 PM
Dec 2014

That the goal of CEO's is to maximize shareholder value.

They do that by finding ways to produce more with less. And that "less" is jobs/employees as well as less salary and pay for current employees.

The way the economy will work and create more jobs is to get more money in the hands of people buying goods and services that those companies make.

CEO's aren't going to just magically create jobs if people aren't buying their products, and even if they do they need to figure out how to meet that demand with less spending on their part.

Infrastructure spending does not need to be profitable, it just needs to be productive.

In short, CEO's by definition are going to try to find ways to create fewer jobs, not more, and to take money out of the economy (ie their employees) not put more into it.

progressoid

(49,999 posts)
21. Uh, no. Every one of us are NOT in favor of more jobs and higher quality jobs for Americans.
Wed Dec 3, 2014, 03:35 PM
Dec 2014

CEOs could change the culture at corporations for the betterment of Americans right now, but it would cut into the profits of the 1%.

They don't give a fuck about us.

lark

(23,156 posts)
23. Do you see him talking to workers?
Wed Dec 3, 2014, 03:37 PM
Dec 2014

No, because they don't make campaign contributions. Talking to the CEO's is a waste of time, he knows what they want - the whole pine for themselves and fuck everyone else. They want slave labor, no envronment or labor laws, no child labor stds., and lots and lots more government handouts for doing nothing good.

Obama, the Trojan Horse president, strikes again.

Autumn

(45,120 posts)
10. I'm pretty sure what Obama and the CEOs will agree on
Wed Dec 3, 2014, 01:45 PM
Dec 2014

TAX BREAKS!!!! LESS OVERSIGHT!!!!!



Get ready cause here it comes.

tridim

(45,358 posts)
31. What leads you to believe that Obama will offer corporate tax breaks and less oversight?
Wed Dec 3, 2014, 03:54 PM
Dec 2014

AND PLEASE BE SPECIFIC!!!!!!111

BTW, he has done the exact opposite.

 

arcane1

(38,613 posts)
33. Paragraph three of the OP:
Wed Dec 3, 2014, 03:58 PM
Dec 2014

The White House says Obama will use the meeting to promote bipartisan opportunities to grow the economy and the middle class, such as tax reform, infrastructure spending and trade agreements.

Tax cuts are the only form of "tax reform" that I know of that has "bipartisan" support.

tridim

(45,358 posts)
38. I don't know, but I'm not going to...
Wed Dec 3, 2014, 04:27 PM
Dec 2014
and at President Obama because the Republicans are one trick assholes.

The President is firm in his plans for more recovery, and it hasn't and will never include corporate deregulation or corporate tax breaks.

I still want to know why the OP said "Get ready". What a load of baseless FUD.

Bragi

(7,650 posts)
45. Proof needed that he "has done the exact opposite"
Thu Dec 4, 2014, 08:59 AM
Dec 2014

AND PLEASE BE SPECIFIC!!!!!!111

I'd look it up myself, and make my own case, but I'm really busy. Sort of.

jwirr

(39,215 posts)
14. I am sure he will get a lit of ideas from that crowd. They are not interested in America only in
Wed Dec 3, 2014, 02:17 PM
Dec 2014

more money for them.

lark

(23,156 posts)
25. Not at all!
Wed Dec 3, 2014, 03:40 PM
Dec 2014

WE have lots of options that are good, just none that the 1% and their paid lackeys the Repugs support. They don't want jobs, we do and there are many progressive ways to get them - infrastructure rebuilding is the biggest and most glaring example.

Think you've been watching Faux Snooze too much and need to watch Rachel some so you would be more aware of some good alternatives.

Thinkingabout

(30,058 posts)
44. I do listen to FOX from time to time so as to prepare answers for the RW bunch,
Thu Dec 4, 2014, 08:27 AM
Dec 2014

I do the necessary research and pound the truth on them, surprises them. I also hear pessimistic stories on DU, some has gloom and doom, I'm optimistic, sometimes sitting down to talk and listen to others can bring about agreements never thought possible by some. Right now the 1% does not give a damn, they are not hurting and never move if they do choose to do so. You can learn to negotiate or remain out in the cold, they will remain inside comfortably.

 

arcane1

(38,613 posts)
36. There are PLENTY of options.
Wed Dec 3, 2014, 04:11 PM
Dec 2014

But tax breaks and the TPP and "bipartisan" solutions are not among them.

One_Life_To_Give

(6,036 posts)
24. Are heads of the AFLCIO, Teamsters invited?
Wed Dec 3, 2014, 03:38 PM
Dec 2014

How about some true start-up CEO's, small/micro business leaders?

Or is this just another meeting with the Bilderberg group.

lark

(23,156 posts)
26. Obama doesn't want to be seen talking to those people.
Wed Dec 3, 2014, 03:42 PM
Dec 2014

He wants to be seen with the big Repug business movers and shakers to make nice with the other side.

abelenkpe

(9,933 posts)
29. O goody
Wed Dec 3, 2014, 03:49 PM
Dec 2014

I'm sure they'll fill him with ideas destined to benefit the US working class. I sense another round of increased offshoring, privatizing public education, and more life long loans for our best and brightest college bound.

Brigid

(17,621 posts)
54. That is like inviting suggestions from the fox . . .
Fri Dec 5, 2014, 11:59 AM
Dec 2014

About how to best manage the chickens. And guess who the chickens are.

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