Obama says he shares mission with business leaders - AP

Hand meet glove.

http://news.yahoo.com/s/ap/20101215/ap_on_bi_ge/us_obama_business

WASHINGTON – President Barack Obama and 20 business leaders worked through lunch Wednesday on ways to boost anemic U.S. job creation and improve their own testy relations amid rising anxiety over the slow economic recovery. The president said he wants ideas from business leaders on how to "seize the promise of this moment."

The closely watched session represents something of a reset for the president as he seeks common ground with a business community that has bristled over the administration's approach to health care, financial regulations and executives' bonuses.

With unemployment at 9.8 percent and weak home prices and tight credit placing a drag on growth, the president was looking to shake loose more than $1.9 trillion in untapped corporate cash to help the recovery.

Agenda items included an overhaul of the tax system, ways to ease regulations on business and greater private sector investments.

Looking for job creation advice from megacorp CEOs... the same folks who have been boosting their bottom lines primarily by shipping jobs and industry out of the country.

Someone tell Obama that the people he needs to talk to are small business owners, not the megacorp execs. Small businesses have always been the main generator of jobs in the US economy.

If you want growth you need consumer spending! Trickle down is just by passing the working class consumer and just giving the money straight to business.

Because that's what they want. They sure aren't civic minded or altruistic.

Businesses already have little regulation on them. They need more not less.

X

The promise to extend Bush tax cuts?

Makes no sense

Rich get richer. Poor get poorer. Same old shit.

:mad:

Back when I worked as a waitress to put myself through school, we got hit with a recession. One memorable night saw three waitresses standing around for 4 hours with exactly two tables of customers. Unsurprisingly, the two of us with least seniority were laid off that night.

What kind of an idiot do you have to be to think that cajoling the restaurant owner into doing more hiring will have any effect? It doesn't matter what tax credits are available, or if business owners get lower taxes. They aren't going to be hiting anyone until they have more customers.

Obama has guaranteed permanent suppression of demand by further increasing the financial polarization of our society.