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Obama addresses 100 members of Business Roundtable

gymfresh

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In the past 2 days, President Barack Obama has hosted a White House dinner with 17 top CEOs and addressed key members of the Business Roundtable. The chief topics of discussion were the state of the economy, the White House's view of the role of government in stimulating and stabilizing the economy, and progress on the recovery.

BusinessWeek/Bloomberg:

"President Barack Obama said bailouts of financial and auto companies and billions in stimulus spending aren’t the start of long-term 'government intervention' in the economy.

"Speaking to almost 100 members of the Business Roundtable in Washington yesterday, Obama defended his policies and said those actions are temporary measures needed to revive an economy still struggling to emerge from a recession.


“'The steps we took last year were about saving the economy from collapse, not about expanding government’s reach into the economy,' Obama said. 'Government has a vital, if limited, role to play in fostering sustained economic growth.'”


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-- Accenture PLC CEO William Green said afterward that the speech showed Obama “understands the challenges and issues of business.”


-- MasterCard Inc. CEO Robert Selander said Obama made a positive impression


-- Greg Brown, co-CEO of Motorola Inc., said he welcomed Obama’s attempt to engage the business community. “The president has had probably more of a proactive business outreach than any other president that I can remember,” Brown said


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“In each of these instances, government hasn’t stepped in to supplant private enterprise, but to catalyze it,” Obama said. “Contrary to the claims of some of my critics or some of the editorial pages, I am an ardent believer in the free market.”



From the comments of business leaders, they agree and have more confidence in this president.

Is it really so important for some people here at LPSG to see our president fail? Is the success of his policies/philosophy a personal affront? Successful business leaders don't seem to think so.
 

midlifebear

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Sadly, the neocons, "central rightists" and the general GOP and all it represents must insist our president fail. If he succeeds, it will only reinforce how poorly their red/white/and bluer and anyone else's patriotism has failed. Even worse, it just might prove that "god" wasn't thinking clearly when asking George W. to be President. Can't have that!
 

B_spiker067

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I saw his speech last night.

Would be great if he meant it. Of course it is the loyal opposition that has kept him from a radical social agenda and made him tack, at least in appearance, to the center.

I'd guess BHO has had his wake up call with his on the job training.
 

justasimpleguy

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oh please, Obama campaigned as a pragmatic guy who wanted real progress on the huge problems our country is facing. you wouldn't know what a real radical social agenda was if it bit you in the ass. just like all the teabaggers out there have no clue what socialists or progressives are really all about. it's just Cold War style marginalization and persecution of the Left part deux.
 

midlifebear

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Dear justasimpleguy:

Well, you figure that they practice directing all their hate to one group of people they are most likely never going to meet for about a half a century, and when that group is no longer a viable (or imaginary) threat they've got to direct all the expected hate and lies now automatically generated by their propaganda machine at something else. God forbid the good folks take a step back and reconsider their world view. That would be like . . . uh . . . giving up?