Obama to discuss economic ideas with CEOs
Source: CNBC
LIVE STREAM NOW: Bloomberg (and presumably CNBC)
President Barack Obama is meeting with leading CEOs to discuss ways to promote the economy and create jobs during his last two years in office.
Obama on Wednesday will attend the quarterly meeting of the Business Roundtable, an association of CEOs. Obama plans to give a speech and also take questions.
The White House says Obama will use the meeting to promote bipartisan opportunities to grow the economy and the middle class, such as tax reform, infrastructure spending and trade agreements.
Read more: http://www.cnbc.com/id/102234967
Bloomberg TV: http://www.bloomberg.com/tv/livestream/
antigop
(12,778 posts)Sure they are. Yep.
you know you have to get permission from the foxes before you tell them how you want the hen house run.
djean111
(14,255 posts)more like how to present the TPP and other "trade" agreements as GOOD THINGS.
And cut taxes even more for corporations.
"Well, everything was on the table. He tried, but.........only the TPP and the tax cuts went through. We all agreed we needed to do SOMETHING and that SOMETHING is better than NOTHING.....so.........why are you demanding a pony?!?!?!
Populist_Prole
(5,364 posts)Funny how those two issues are the only thing republicans and the president agree on. "Bipartisanship" at its finest.
on point
(2,506 posts)Thinkingabout
(30,058 posts)In profits and start turning around the economy. Does some else have a better plan?
Populist_Prole
(5,364 posts)Tax and regulate the shit out of them. They're not going to play nice just to play nice.
No more "free trade" agreements, and roll back the ones we already made.
Economic populism baby! Peasants w/pitchforks....bring it on!
Thinkingabout
(30,058 posts)lark
(23,156 posts)How many good paying American jobs will the TPP eliminate? How many environmental laws will mean nothing if this travesty gets passed? The answer to both is lots and lots.
Eliminating tax benefits for moving jobs overseas and turning it into a major tax liability would definitely add lots of jobs, especially if it were joined with money for every new job added in America.
TPP is awful for all workers, for the environment and for labor laws - it guts them all unilaterally.
Thinkingabout
(30,058 posts)You don't know and you jump to conclusions without knowing. He just may be talking a plan to help to get our economy going.
lark
(23,156 posts)It stands to reason he'd bring it up. He's trying to promote this as a jobs creater, when it's totally the opposite. But again, the largest of corporations don't give a shit about creating jobs, they care about money in the pockets for the people at the very top and that's all they care about. The people that are sending/ have sent hundreds of thousands of American jobs overseas, sometimes whole divisions, are not the ones to ask for ideas about American jobs. They also strongly disagree with environmental laws and want those removed. Not the people I'd ask about anything that helps US workers and not a group that would say anything besides take away all regulations, give us unlimited money and we might create jobs, but won't say what country the jobs will go to.
arcane1
(38,613 posts)Odin2005
(53,521 posts)Under Capitalism politicians take order from Capitalists, not the other way around. Obama is getting his orders from his masters.
Thinkingabout
(30,058 posts)For everyone to see, I doubt my naiveté tells me the corporations are going to reinvest their trillions they have just been sitting on without some negotiations. I don't pretend to think a bank is going to deposit a large amount of money into my bank account without me asking for a loan.
Odin2005
(53,521 posts)They don't involve capitalists doing anything except losing their heads.
Thinkingabout
(30,058 posts)Odin2005
(53,521 posts)Thinkingabout
(30,058 posts)pocoloco
(3,180 posts)Response to pocoloco (Reply #6)
1000words This message was self-deleted by its author.
Populist_Prole
(5,364 posts)I can see it now:
"tax reform" = tax cuts and more loopholes for corporate america. More inversions.
"infrastructure spending" = Red meat for the MIC
"trade agreements" = Throwing what's left of the working class under the bus and then attempting to assuage it by saying what little money they have left will go further at Mal-Wart thanks to cheap foreign shit.
As if this move will put him in good with republicans that hate him no matter what he does....
Sigh................................................................................................................................
Volaris
(10,274 posts)and they would call him a traitor and then want him arrested for arson.
I say the President should spend the next 24 months EARNING the hate and ill-will the nation's idiots bear him.
E O on immigration reform is a good start. Next should be an E O on the definition of '..WELL-REGULATED..'.
Because, you know, Sandy Hook.
Then, Presidential Pardons for ALL NON-VIOLENT, non-trafficking drug felons (and it doesn't matter the drug). You know, in ANTICIPATION of the Rand Paul-led 'libertarian' Republican Congress actually getting oppressive government off people's backs...
Yeah, I would spend the next 2 years being SUCH a dick...
swilton
(5,069 posts)is just all part of the theatrics.
When you get down to the basics, this is class warfare.
groundloop
(11,523 posts)I'm pretty sure that every one of us are in favor of more jobs and higher quality jobs being created for Americans. It's also a reality that a majority of those jobs are going to be with corporations, so it makes perfect sense for President Obama to sit down and talk with the leaders of American corporations about this. I don't pretend that there aren't huge problems with the way many of our corporations do business, but what's the harm in at least discussing jobs with them?
vi5
(13,305 posts)That the goal of CEO's is to maximize shareholder value.
They do that by finding ways to produce more with less. And that "less" is jobs/employees as well as less salary and pay for current employees.
The way the economy will work and create more jobs is to get more money in the hands of people buying goods and services that those companies make.
CEO's aren't going to just magically create jobs if people aren't buying their products, and even if they do they need to figure out how to meet that demand with less spending on their part.
Infrastructure spending does not need to be profitable, it just needs to be productive.
In short, CEO's by definition are going to try to find ways to create fewer jobs, not more, and to take money out of the economy (ie their employees) not put more into it.
progressoid
(49,999 posts)CEOs could change the culture at corporations for the betterment of Americans right now, but it would cut into the profits of the 1%.
They don't give a fuck about us.
lark
(23,156 posts)No, because they don't make campaign contributions. Talking to the CEO's is a waste of time, he knows what they want - the whole pine for themselves and fuck everyone else. They want slave labor, no envronment or labor laws, no child labor stds., and lots and lots more government handouts for doing nothing good.
Obama, the Trojan Horse president, strikes again.
Autumn
(45,120 posts)TAX BREAKS!!!! LESS OVERSIGHT!!!!!
Get ready cause here it comes.
tridim
(45,358 posts)AND PLEASE BE SPECIFIC!!!!!!111
BTW, he has done the exact opposite.
arcane1
(38,613 posts)The White House says Obama will use the meeting to promote bipartisan opportunities to grow the economy and the middle class, such as tax reform, infrastructure spending and trade agreements.
Tax cuts are the only form of "tax reform" that I know of that has "bipartisan" support.
tridim
(45,358 posts)And where is the "less oversight" crap coming from?
arcane1
(38,613 posts)tridim
(45,358 posts)The President is firm in his plans for more recovery, and it hasn't and will never include corporate deregulation or corporate tax breaks.
I still want to know why the OP said "Get ready". What a load of baseless FUD.
arcane1
(38,613 posts)At least, I hope we find out.
Bragi
(7,650 posts)AND PLEASE BE SPECIFIC!!!!!!111
I'd look it up myself, and make my own case, but I'm really busy. Sort of.
proverbialwisdom
(4,959 posts)jwirr
(39,215 posts)more money for them.
geomon666
(7,512 posts)progressoid
(49,999 posts)Thinkingabout
(30,058 posts)lark
(23,156 posts)WE have lots of options that are good, just none that the 1% and their paid lackeys the Repugs support. They don't want jobs, we do and there are many progressive ways to get them - infrastructure rebuilding is the biggest and most glaring example.
Think you've been watching Faux Snooze too much and need to watch Rachel some so you would be more aware of some good alternatives.
Thinkingabout
(30,058 posts)I do the necessary research and pound the truth on them, surprises them. I also hear pessimistic stories on DU, some has gloom and doom, I'm optimistic, sometimes sitting down to talk and listen to others can bring about agreements never thought possible by some. Right now the 1% does not give a damn, they are not hurting and never move if they do choose to do so. You can learn to negotiate or remain out in the cold, they will remain inside comfortably.
arcane1
(38,613 posts)But tax breaks and the TPP and "bipartisan" solutions are not among them.
One_Life_To_Give
(6,036 posts)How about some true start-up CEO's, small/micro business leaders?
Or is this just another meeting with the Bilderberg group.
lark
(23,156 posts)He wants to be seen with the big Repug business movers and shakers to make nice with the other side.
arcane1
(38,613 posts)abelenkpe
(9,933 posts)I'm sure they'll fill him with ideas destined to benefit the US working class. I sense another round of increased offshoring, privatizing public education, and more life long loans for our best and brightest college bound.
dirtydickcheney
(242 posts)Odin2005
(53,521 posts)Nihil
(13,508 posts)Odin2005
(53,521 posts)lonestarnot
(77,097 posts)Brigid
(17,621 posts)About how to best manage the chickens. And guess who the chickens are.