>What a moron! Who is that grinning fool on the left (clapping his hands)?
Posted on 01/27/2011 4:34:50 AM PST by lbryce
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What a moron! Who is that grinning fool on the left (clapping his hands)?
President Barack Obama made some concessions to the business community in his State of the Union address Tuesday, saying he'd like to lower the corporate tax rate and foster U.S. job growth and innovation.Many chief executives reacted skeptically to President Barack Obama's offer to lower the corporate-tax rate and foster U.S. job growth, but some said they appreciated the president's changed tone toward business during his State of the Union address.
President Obama was applauded by Vice President Joe Biden and House Speaker John Boehner prior to delivering his State of the Union address.
The Obama administration has been criticized by many U.S. chief executives for being anti-business. Business leaders have complained about the 35% corporate tax rate, the administration's free trade stance and healthcare reform, all of which, they allege, make U.S. companies less globally competitive. Business leaders have also been unhappy with rhetoric coming from the White House following the financial crisis, when the president referred to "fat-cat bankers" and chided bankers for their "reckless practices."
Since the November elections, in which Democrats lost the House majority, Mr. Obama has worked to appeal to the political center—and to business. Last week, he appointed General Electric Co. CEO Jeffrey Immelt to lead a new President's Council on Jobs and Competitiveness.
During his State of the Union address Tuesday night, Mr. Obama said the corporate-tax rate "makes no sense and it has to change." calling on both parties to lower the rate.He also said he would seek to eliminate "unnecessary burden[s] on business."
CEOs welcomed the idea of lowering the corporate-tax rate, but many wanted more details on exactly how Mr. Obama might bring it about.
(Excerpt) Read more at online.wsj.com ...
Anthony Guzzi, CEO of Emcor Group Inc., a construction and facilities-services provider:Mr. Guzzi just hit it outta the park."He gave a sound bite but should have been more specific," he said. "For two-and-a-half years now, capital has been afraid to invest in the U.S. in any substantial way."
Right on Matchett, thanks for the ping!
...literally in bed...I imagine they still meet at the bathhouse when they are both in their hometown of corruption.ok, maybe not literally. Rahm is in Chicago these days.
I loved that reference by Sarah. She's acting more like M. Thatcher, and I like that! .............................. FRegards
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