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Obama anti-business ??

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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-10 03:30 PM
Original message
Obama anti-business ??
http://www.newsweek.com/2010/08/07/slow-to-spend.html?from=rss

<snip>
This white house has “vilified industries,” complains the Chamber of Commerce. America is burdened with “an anti-business president,” moans The Weekly Standard.

Would that all presidents were this anti-business: according to the St. Louis Federal Reserve, corporate profits hit $1.37 trillion in the first quarter—an all-time high. Businesses are sitting on about $2 trillion in cash reserves. Business spending jumped 20 percent last quarter, and is up by 13 percent against 2009. The Obama administration has dropped taxes for small businesses and big ones alike. Maybe the president could be anti-me for a while. I could use the money.

......more
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FooshIt Donating Member (122 posts) Send PM | Profile | Ignore Sat Aug-07-10 03:35 PM
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1. well business is anti-human so Obama is really just pro human
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maryf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-10 03:43 PM
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2. The article actually shows how pro-business Obama is...
"The reality is that America’s supposedly anti-business president has led an extremely pro-business recovery..." though I'd say the recovery is just for the businesses, most of whom outsource...
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-10 03:49 PM
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3. Industries have vilified industries. nt
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-10 04:22 PM
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4. some moron on CBS news radio KNX in LA was spewing this as well and then signing
off as "Joe Blow" for CBS news".
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