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Obama says CEOs should quit complaining: Economist
Reuters ^ | August 4, 2014 | Roberta Rampton

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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: arrogant; classwarfare; obama
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Zero, you've been president for more than five years, and the working people you claim to care about aren't doing so well. If you weren't such an arrogant and ignorant SOB you would actually rethink your policies.
1 posted on 08/04/2014 5:25:40 AM PDT by reaganaut1
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>> “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.


2 posted on 08/04/2014 5:27:10 AM PDT by Gene Eric (Don't be a statist!)
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To: reaganaut1

Good grief. Nobody whines like Obama.


3 posted on 08/04/2014 5:29:13 AM PDT by skeeter
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Comment #4 Removed by Moderator

Obama says “You guys should stop complaining... just blame Bush and go play some golf.”


5 posted on 08/04/2014 5:30:28 AM PDT by ken in texas
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To: reaganaut1

6 posted on 08/04/2014 5:31:57 AM PDT by Diogenesis (The EXEMPT Congress is complicit in the absence of impeachment)
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To: All

Stop all the hatin’ Hussein.


7 posted on 08/04/2014 5:35:02 AM PDT by Proud_texan (Strange how paranoia can link up with reality now and then. - PK Dick)
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To: reaganaut1

And I say, zer0- STFU AND RESIGN THEN EITHER TURN YOURSELF IN AS THE CRIMINAL YOU ARE OR OFF YOURSELF!


8 posted on 08/04/2014 5:35:11 AM PDT by mabarker1 (Please, Somebody Impeach the kenyan!!!! Once again dingy hairball, STFU!!! You corrupt POS!!!)
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To: reaganaut1

CEO’s be hatin?


9 posted on 08/04/2014 5:37:09 AM PDT by showme_the_Glory ((ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government))
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To: reaganaut1

And yet they continue to write checks.


10 posted on 08/04/2014 5:38:59 AM PDT by FES0844
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To: reaganaut1

to the people from whom who he keeps raising funds


11 posted on 08/04/2014 5:41:36 AM PDT by sappy (criminaldems)
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To: reaganaut1

“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.


12 posted on 08/04/2014 5:42:33 AM PDT by rgboomers (This space purposely left blank)
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To: reaganaut1
STOP SAYING "FOLKS" OBAMA!!! Try "people", citizens, the public, voters, the electorate, society. .ANY THING. .BUT STOP WITH THE FOLKS!!!!!!!!!!!
13 posted on 08/04/2014 5:46:01 AM PDT by McBuff
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To: rgboomers

Isn’t he IN THE HAMPTONS on vacation?


14 posted on 08/04/2014 5:47:29 AM PDT by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods)
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To: reaganaut1

Fock the worthless Commie pink fag,


15 posted on 08/04/2014 5:52:16 AM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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Free Republic
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Please Donate!

16 posted on 08/04/2014 5:55:06 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: reaganaut1

Divide, divide...


17 posted on 08/04/2014 5:56:52 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: reaganaut1
"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 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.

18 posted on 08/04/2014 5:59:27 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: skeeter

How do you spell delusional? He has no clue. None at all.


19 posted on 08/04/2014 6:04:56 AM PDT by jsanders2001
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To: reaganaut1
the folks who don't have a right to complain are the folks at the top,

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.

20 posted on 08/04/2014 6:12:19 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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