Skip to comments.Obama Tells Companies to 'Step Up' and Hire Workers
Posted on 05/12/2011 7:10:30 AM PDT by Cincinatus' Wife
President Obama urged businesses to "step up" and hire workers, pressing banks and other corporations to do more to help an economy that he said would take "several years" to recover fully.
In a town-hall style meeting conducted by CBS News on Wednesday, Obama said the weak housing market and high gasoline prices were the biggest "headwinds" dragging on the economy.
"We've got a lot more work to do to get businesses to invest and to hire," he told the audience in remarks broadcast on Thursday.
"It's going to take us several years for us to get back where we need to be."
The strength of the U.S. economy is likely to be the main factor that determines whether Obama will succeed in holding on to the White House next year.
He said businesses and banks that reaped the rewards of extraordinary measures to pull the country out of a deep recession had a responsibility now to invest hordes of cash into U.S. jobs.
"It is time for companies to step up," Obama said.
"American taxpayers contributed to that process of stabilizing the economy. Companies havebenefited from that, and they're making a lot of money, and now's the time for them to start betting on American workers and American products."
(Excerpt) Read more at cnbc.com ...
Idiot. Successful companies don’t hire workers they do not need, and they don’t need any additional employees now.
“We’ve got a lot more work to do to get businesses to invest and to hire,” he told the audience in remarks broadcast on Thursday.
Nothing can be more distant to the truth. Government needs to get out of the habit of telling businesses what to do.
Reduce corporate (and personal) income tax rates. (eith PERMANENT, not expiring reductions)
Reduce and eliminate excessive regulations.
Rein in your power-hungry bureaucrats at the EPA and NLRB.
Open up ANWR and the OCS for oil exploration and production.
THEN you’ll see firms ‘step up’ and hire workers.
Might as well close this thread now - the two previous posts sum it all up perfectly and succinctly.
We hire when we need to, not when somebody tells us we should, especially from someone who’s never been in business.
Kill the Healthcare Bill. Stop talking about the nonsensical hoax-based cap n trade tax. Dont allow the giant tax hikes waiting for businesses in 2013.
And if you REALLY are concerned about getting business to hire, you need to resign or at the very least dont run in 2012
I think you elected a communist as POTUS in 2008. If the electorate makes the same mistake in 2012, I don’t really know what is going to happen.
The comments on the CNBC website are amazingly negative. Maybe America is waking up!
That’s really how he thinks it works...
The community organizer has spoken.
Heed the words of the community organizer and hire more people.
So sayeth the community organizer.
Even if they do, they don’t have the information necessary to know what their expenses are going to be.
With a commie administration, they can, at any time, make that additional worker cost 3 times what they do now through regulations, requirements, and taxes.
President Barack Obama participates in a CBS News Townhall Meeting on the
Economy with Erica Hill and Harry Smith at the Newseum in Washington, D.C.,
May 11, 2011. (Official White House Photo by Lawrence Jackson)
Yes, I really DO wish her backside was this big...
but “if wishes were horses...” - “oh! no offense Michelle!”
Can you imagine if this naive inexperienced clown was CEO of a major corporation. Investors would make mucho dinero shorting the stock
This idiot is clueless. Companies do not hire people if they don’t need people. Obambi must think that companies can hire people just any old time . . . just ‘cuz. That’s what we get from a affirmative action lefty with no common sense who believe that profitability and profits trickle up.
Did the White House black out the teleprompter?
Companies to the delusional AnointedIdiot: Just because 2012 is fast appraoching and your doing this for purely political reasons, how about go frak yourself? =.=