The White House is looking for ways to become more business friendly according to a Reuters article on MSNBC.com. Expect more business roundtables and perhaps even a payroll tax holiday.
We at the Patriot Talk blog believe it may take at least a year before the Obama administration can even start to win over numerous business leaders such as Jack Welch and Ken Langone who have detailed how the president is extremely anti-business. Welch even produced a game plan on how the Republicans in the house can oppose his various anti-business, job-killing actions. But in 12 months, the campaign for President in 2012 will be back in full swing and we can expect a string of populist comments and other rhetoric blaming business for the country's problems.
In short, unless some sort of miracle happens, we don't see a situation where the Obama administration will win over business and get the economy back in high-gear.
Besides, even if Obama actually does embrace business, the leaders of companies are just as concerned with the administration's runaway spending as they are about the rhetoric and other anti-business actions from the White House. In other words, we are afraid the policy of winning over business by becoming a friend may be of little consequence if business and consumers are too busy buying gold as an inflation hedge to actually keep the economy improving.
We at the Patriot Talk blog believe it may take at least a year before the Obama administration can even start to win over numerous business leaders such as Jack Welch and Ken Langone who have detailed how the president is extremely anti-business. Welch even produced a game plan on how the Republicans in the house can oppose his various anti-business, job-killing actions. But in 12 months, the campaign for President in 2012 will be back in full swing and we can expect a string of populist comments and other rhetoric blaming business for the country's problems.
In short, unless some sort of miracle happens, we don't see a situation where the Obama administration will win over business and get the economy back in high-gear.
Besides, even if Obama actually does embrace business, the leaders of companies are just as concerned with the administration's runaway spending as they are about the rhetoric and other anti-business actions from the White House. In other words, we are afraid the policy of winning over business by becoming a friend may be of little consequence if business and consumers are too busy buying gold as an inflation hedge to actually keep the economy improving.