Skip to comments.Obama says CEOs should quit complaining: Economist
Posted on 08/04/2014 5:25:40 AM PDT by reaganaut1
President Barack Obama said corporate America has done well under his economic policies, telling the Economist magazine that chief executive officers should stop complaining about regulations and show greater social responsibility.
"If you look at what's happened over the last four or five years, the folks who don't have a right to complain are the folks at the top," Obama said in an interview conducted last week and posted on the magazine's website late on Saturday.
Republicans have sought to portray Obama as anti-business, and businesses have complained that Obama's signature healthcare law and the Dodd-Frank financial reforms have raised costs.
Business groups are lobbying against his new plan to curb climate-changing carbon emissions from power plants.
"I would take the complaints of the corporate community with a grain of salt," Obama said, arguing that his policies have been friendly to business. "They always complain about regulation. That's their job."
Obama has increasingly promoted populist economic measures such as raising the minimum wage to motivate Democratic voters ahead of critical November congressional elections, in which his Democrats face the prospect of losing control of the Senate.
"Oftentimes, you'll hear some hedge-fund manager say, 'Oh, he's just trying to stir class resentment'. No. Feel free to keep your house in the Hamptons and your corporate jet, etcetera. I'm not concerned about how you're living," Obama said.
"I am concerned about making sure that we have a system in which the ordinary person who is working hard and is being responsible can get ahead," he said.
(Excerpt) Read more at finance.yahoo.com ...
>> “If you look at what’s happened over the last four or five years, the folks who don’t have a right to complain are the folks at the top,” Obama said
Said the Won that complains and blames everything on Bush.
Good grief. Nobody whines like Obama.
Obama says “You guys should stop complaining... just blame Bush and go play some golf.”
Stop all the hatin’ Hussein.
And I say, zer0- STFU AND RESIGN THEN EITHER TURN YOURSELF IN AS THE CRIMINAL YOU ARE OR OFF YOURSELF!
CEO’s be hatin?
And yet they continue to write checks.
to the people from whom who he keeps raising funds
“Feel free to keep your house in the Hamptons and your corporate jet, etcetera. I’m not concerned about how you’re living, Obama said.”
Whoa! Does 0bama think no one remembers his famous statements concerning “keep your health plan” and “keep your doctor?”. Some people better worry about their homes and airplanes.
Isn’t he IN THE HAMPTONS on vacation?
Fock the worthless Commie pink fag,
I don't have a house in the Hamptons and a corporate jet. I don't make millions a year as a hedge fund manager. And yet I think the way Obama is stirring up resentment against the wealthy is disgusting. There are a lot of other people who post on FR and in the country who aren't rich by any stretch of the imagination who feel the same way. Yet Obama keeps repeating that the only ones who criticize him for Class Warfare are "the rich." He may even believe it.
How do you spell delusional? He has no clue. None at all.
Another jab at the first amendment.
BTW, I believe the word "FOLKS" should be banned from all conversations. Obama uses it to refer to everyone except himself, be it children or child molesters, car mechanics or car bomb makers, people who wear ties or people who wear suicide vests.
I cringe every time I hear him say "folks". But then again I cringe every time he opens his mouth.