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Obama Tells Companies to 'Step Up' and Hire Workers
CNBC ^ | May 12, 2011 | Reuters

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 ...


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS: debt; economy; housing; stimulus
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Our MONEY (and childrens' and grandchildens' and greatgrandchildrens' money) went to shore up his UNION base.
1 posted on 05/12/2011 7:10:33 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife

Idiot. Successful companies don’t hire workers they do not need, and they don’t need any additional employees now.


2 posted on 05/12/2011 7:13:04 AM PDT by Roklok
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To: Cincinatus' Wife

“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.


3 posted on 05/12/2011 7:14:24 AM PDT by blackdog (The mystery of government is not how Washington works but how to make it stop)
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To: Cincinatus' Wife

Hey Zero!
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.


4 posted on 05/12/2011 7:14:30 AM PDT by VRWCmember
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To: Roklok

Might as well close this thread now - the two previous posts sum it all up perfectly and succinctly.


5 posted on 05/12/2011 7:14:30 AM PDT by fremont_steve
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To: Cincinatus' Wife

We hire when we need to, not when somebody tells us we should, especially from someone who’s never been in business.


6 posted on 05/12/2011 7:14:54 AM PDT by tractorman (I never miss a chance to tweak a liberal.)
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To: Cincinatus' Wife
Obama needs to step off and stop doing things to cripple American business.

Kill the Healthcare Bill. Stop talking about the nonsensical hoax-based cap n trade tax. Don’t 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 don’t run in 2012

7 posted on 05/12/2011 7:15:15 AM PDT by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: Cincinatus' Wife

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.


8 posted on 05/12/2011 7:15:22 AM PDT by Former Proud Canadian (Slugs and Bitter Clingers Unite.)
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To: Cincinatus' Wife

The comments on the CNBC website are amazingly negative. Maybe America is waking up!


9 posted on 05/12/2011 7:15:38 AM PDT by Senator_Blutarski
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To: Cincinatus' Wife
he really doesn
10 posted on 05/12/2011 7:15:51 AM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: Cincinatus' Wife

That’s really how he thinks it works...


11 posted on 05/12/2011 7:16:11 AM PDT by Mr. Jeeves ( "The right to offend is far more important than any right not to be offended." - Rowan Atkinson)
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To: Cincinatus' Wife

The community organizer has spoken.

Heed the words of the community organizer and hire more people.

So sayeth the community organizer.


12 posted on 05/12/2011 7:16:25 AM PDT by ILS21R ("Every night before I go to sleep, I think who would throw stones at me?", she said.)
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To: Roklok

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.


13 posted on 05/12/2011 7:17:08 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: fremont_steve
Let's add a picture first.


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)

14 posted on 05/12/2011 7:17:09 AM PDT by Cincinatus' Wife
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To: VRWCmember
Obie is an economic illiterate. The first presidential candidate with the guts to say that on national TV gets my vote.

maybe

15 posted on 05/12/2011 7:18:18 AM PDT by gov_bean_ counter (Put Obie in a dress and call him "The Last Queen of Scotland".)
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To: Cincinatus' Wife

Yes, I really DO wish her backside was this big...
but “if wishes were horses...” - “oh! no offense Michelle!”


16 posted on 05/12/2011 7:18:26 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Cincinatus' Wife

Can you imagine if this naive inexperienced clown was CEO of a major corporation. Investors would make mucho dinero shorting the stock


17 posted on 05/12/2011 7:18:57 AM PDT by chuckee
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To: Cincinatus' Wife

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.


18 posted on 05/12/2011 7:19:56 AM PDT by laweeks
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To: Cincinatus' Wife

Did the White House black out the teleprompter?


19 posted on 05/12/2011 7:20:07 AM PDT by MulberryDraw ( Switch off the EPA.)
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To: Cincinatus' Wife

Companies to the delusional AnointedIdiot: Just because 2012 is fast appraoching and your doing this for purely political reasons, how about go frak yourself? =.=


20 posted on 05/12/2011 7:20:09 AM PDT by cranked
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To: Cincinatus' Wife
urged businesses to "step up" and hire workers... He says this while at the same time discusses raising taxes.

Is he really stupid? Or does he just believe we are?

21 posted on 05/12/2011 7:20:43 AM PDT by thackney (life is fragile, handle with prayer)
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To: Roklok

The Marxist believes in central planning, go figure. Too bad this is a market driven society that only hires when you CUT TAXES AND GET OUT OF THEIR POCKET.


22 posted on 05/12/2011 7:23:15 AM PDT by politicalmerc (The whole earth may move, but God's throne is never shaken. I think I'll stand by Him..)
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To: Cincinatus' Wife
Barak Hussein Ubama has never met a payroll in his life.

He has no idea what cash flow is, or what the word "sustainable" actually means.

23 posted on 05/12/2011 7:23:15 AM PDT by E. Pluribus Unum (Islamophobia: The fear of offending Muslims because they are prone to violence.)
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To: Cincinatus' Wife

This idiot knows NOTHING about business and economics if he really thinks that’s how things work.


24 posted on 05/12/2011 7:23:29 AM PDT by DeoVindiceSicSemperTyrannis (Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
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To: Cincinatus' Wife
"It is time for companies to step up," Obama said.

Just because you said so, eh, 0bie?

What I'd rreeaalllyyyy like to add here would get me banned for life from FR.

25 posted on 05/12/2011 7:23:35 AM PDT by ScottinVA (Imagine.... a world without islam.)
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To: Cincinatus' Wife
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.

This is deceitful and duplicitous and twisted.

I suspect in the strongest measure that Mister Obama has never taken Econ 101.

.

26 posted on 05/12/2011 7:23:56 AM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Cincinatus' Wife
Help Jumpstart the Economy

Fire Obama!

27 posted on 05/12/2011 7:26:21 AM PDT by nhwingut (Palin '12... Accept No Other)
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To: ILS21R

In Venezuela the price of food shot up because of Chavez’s economic policies (rob from the rich — “give” to the poor) that strangled their economy (Chavez and Obama are two peas in a pod). So what did Chavez do? He personally set the prices for food. He set them so low businesses businesses would lose their shirts. Next, Chavez told the people of Venezuela that the oligarchs were illegally keeping food from the store shelves and he raided their businesses.

Venezuela is lost.


28 posted on 05/12/2011 7:27:06 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife
Obama Tells Companies to 'Step Up' and Hire Workers

Only when you step down!

MARXISTS/COMMUNISTS/LIBERALS Need not apply.

29 posted on 05/12/2011 7:27:38 AM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Cincinatus' Wife
Let's add a picture first.

And a graphic!

Photobucket

30 posted on 05/12/2011 7:27:51 AM PDT by Just A Nobody (Beware the ENEMEDIA ... Never Again! Support our Troops!)
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To: Cincinatus' Wife

this is a threat, not a request, from the Mini-Mussolini.


31 posted on 05/12/2011 7:28:28 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Cincinatus' Wife

So wait....now he’s saying we are still in a deep recession? Doesn’t he watch the MSM? We are supposed to be in a recovery period now.....that kool-aid isn’t even working on him......maybe he should switch drinks....


32 posted on 05/12/2011 7:28:43 AM PDT by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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To: Cincinatus' Wife
“It's going to take us several years for us to get back where we need to be.”

Well idiot you and your commies in the whit house have put us where we are today..Now you are ready to take us back after you have destroyed our nation..Go to a place that burns all the time you communist,which you will..

33 posted on 05/12/2011 7:30:53 AM PDT by PLD
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To: Cincinatus' Wife

I guess this is Obama’s notion of a command economy. He commands hiring and it shall be done, right? NOT!

I’ll let Obama in on a little secret. As long as Marxists are in charge, no one in their right mind is going to invest in the U.S. economy.


34 posted on 05/12/2011 7:31:18 AM PDT by catnipman (Cat Nipman: Made from the right stuff! "Anybody but Obama in 2012!")
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To: nhwingut
Obie is the product of an evil, twisted upbringing. His anger further inflamed by spending 20 more years worshiping at the feet of another evil, twisted individual. Those who realized this years ago are not surprised at what his “presidency” is becoming.
35 posted on 05/12/2011 7:31:35 AM PDT by gov_bean_ counter (Put Obie in a dress and call him "The Last Queen of Scotland".)
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To: MulberryDraw
Did the White House black out the teleprompter?

LOL.. You'd think so from the artistic photo! But this was a friendly crowd -- no tough questions posed, no making sense required.

36 posted on 05/12/2011 7:31:42 AM PDT by Cincinatus' Wife
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To: Cincinatus' Wife

Community Organizer Econ 101.


37 posted on 05/12/2011 7:32:06 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Cincinatus' Wife

He can always issue an Executive Order demanding companies hire more workers and if they don’t have the FBI arrest them and the Justice Department prosecute them. /s

As others have posted this administration has done everything in its power to kill our economy, now he is demanding companies hire more workers, as if he has the authority.

When is this man going to be impeached?


38 posted on 05/12/2011 7:33:02 AM PDT by CIB-173RDABN (California does not have a money problem, it has a spending problem.)
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To: Roklok

exactly. He had a previous effort to get company buildings more energy efficient, and he said in a speech if they could save money on energy, they could hire more people. He is an idiot. Businesses hire people when they have more work than people. They aren’t going to hire an extra person to sit at a desk and play solitaire just because they save a few bucks on the heating bill.


39 posted on 05/12/2011 7:33:20 AM PDT by rokkitapps
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To: Cincinatus' Wife

Who’da thought solving the unemployment problem would be so easy?


40 posted on 05/12/2011 7:33:24 AM PDT by skeeter
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To: Cincinatus' Wife

That’s right you kenyan loser. Vilify private business. Make it look like they’re the ones at fault because “they have all that money, why don’t they share it”? The kenyan really believes this too. Never having a job, never running a company, never having any responsibility he has no idea.


41 posted on 05/12/2011 7:33:30 AM PDT by albie
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To: Cincinatus' Wife

He has that blank lost look on his face in that picture.


42 posted on 05/12/2011 7:34:45 AM PDT by jersey117
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To: Cincinatus' Wife

Yes sir, I’m here to claim my job, by order of the President. How much will I be making? A living wage?


43 posted on 05/12/2011 7:35:00 AM PDT by youngidiot (Hear Hear!)
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To: chuckee; laweeks; cranked; thackney

He is NOT naïve, clueless, delusional or stupid. He is a carefully placed, highly trained communist who is doing EXACTLY what he set out to do. After 2.5 years it is disturbing that we still do not admit to this simple truth.


44 posted on 05/12/2011 7:35:09 AM PDT by Just A Nobody (Beware the ENEMEDIA ... Never Again! Support our Troops!)
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To: rokkitapps
.....They aren’t going to hire an extra person to sit at a desk and play solitaire....

It works in the world of government jobs. I guess Obama will step up and just keep hiring more government workers. It worked so well for Castro, that 50 years in.....

Cuba to cut one million public sector jobs "Cuba has announced radical plans to lay off huge numbers of state employees, to help revive the communist country's struggling economy."

45 posted on 05/12/2011 7:38:03 AM PDT by Cincinatus' Wife
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To: Roklok
Exactly....in fact companies have determined they don't need to hire, having doubled the work load on employees which remained after streamlining their workforce.

In several companies many managerial responsibilities are now delegated to the employees...after cutting out much of the middle management positions last year. They have no intention of replacing those positions. Furthermore they have a full-time employee who works 24/7 running thru a constant load of applications and interviews, training.....turning over part-time workers is the norm now.

Departments now can and do employee one full-time worker in each dept....all others are part-time. Thus avoiding benefit pkg's. These part-time workers can be scheduled up to 32 hours weekly and still title them as part-time.

46 posted on 05/12/2011 7:39:24 AM PDT by caww
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To: Just A Nobody
He is NOT naïve, clueless, delusional or stupid.

I would not call him smart. The big difference between a communist and a socialist is that the communist knows what he's doing. This idiot in our White House is clueless and has to read everything he says off teleprompters.

That, in and of itself, tells me that this goofuss is a product of affirmative action, and has had his hands held and work done for him since he was a kid.

Smart? Doubt it.

47 posted on 05/12/2011 7:39:29 AM PDT by laweeks
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To: jersey117
He has that blank lost look on his face in that picture.

He moves from blank to smug to angry. Not leadership material.

48 posted on 05/12/2011 7:40:08 AM PDT by Cincinatus' Wife
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To: Roklok

In some cases, I think businesses DO need to hire more workers but they are afraid to hire while this socialist is running (ruining) the economy. They’d rather take their chances with less folks on the payroll than hire only to have to layoff workers after the next suicidal policy comes out of Washington.


49 posted on 05/12/2011 7:41:31 AM PDT by OrangeHoof (Washington, we Texans want a divorce!)
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To: Just A Nobody
He is NOT naïve, clueless, delusional or stupid. He is a carefully placed, highly trained communist who is doing EXACTLY what he set out to do. After 2.5 years it is disturbing that we still do not admit to this simple truth.

Exactly. Examined in that context, all of his actions make perfect, logical sense.

50 posted on 05/12/2011 7:42:32 AM PDT by rdcbn
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