Wednesday, February 24, 2010

Obama to appeal to business chiefs on job creation | Reuters

Obama to appeal to business chiefs on job creation | Reuters: "Obama will make his pitch to the Business Roundtable, a grouping of top chief executives, amid unease in the business community about his economic and budget policies and his legislative drive for healthcare and financial regulatory reform.

Seeking to overcome skepticism, Obama will try to balance his message between boosting the still-fragile economy and instilling fiscal discipline, according to advance excerpts of a speech to be given at 1 p.m. (1800 GMT) in Washington.

But aides say Obama, who has alarmed business leaders with populist-tinged denunciations of big executive bonuses, will also reiterate his determination to tighten tax rules to prevent firms from benefiting from exporting jobs overseas.

'We need to build an economy where we borrow less and produce more,' Obama will say. 'We need an economy where we generate more jobs here at home and send more products overseas.'"


And if they don't do what he wants then what? Fire them like he did other people in other companies he should never have meddled with? ~~ The Munz

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