Posted on 08/03/2014 6:10:32 PM PDT by jazusamo
President Obama says he has been “friendly” to business, but understands why they are “frustrated” with many of his regulations in a new interview published in The Economist.
“They always complain about regulation,” Obama says of business leaders. “That's their job.
“I would take the complaints of the corporate community with a grain of salt,” he adds. “If you look at what our policies have been, they have generally been friendly towards business.”
Speaking of the Dodd-Frank financial reforms, Obama says his regulations helped hold the global economy together at a time of crisis.
Obama explained that there are “core” areas, such as the financial markets, “where, yes, we're placing constraints on them. It probably cuts into certain profit centers in their businesses.”
“I understand why they would be frustrated by it, but the flip side of it is that they'd be even more unhappy if the global financial system unravels. Nobody has more of a stake in it than them,” Obama said.
The president pointed to a record stock market, as the Dow Jones industrial index and the S&P 500 have both reached new highs under the Obama administration. At the close of business on Friday, the Dow was pushing 16,500, while the S&P has toppled 1,900.
Obama also said corporate profits are high, job growth has continued for 52 consecutive months, though at a mild pace, and the national deficit has been cut in half.
“I think you'd have to say that we've managed the economy pretty well and business has done OK,” he said.
This guy lies like a soviet. Better than a soviet.
Why do I feel like I am reading “Animal Farm” every time Obama speaks?
Yep, someone up thread pinged Semmens to see if he could outdo this. :-)
Semmens got me yesterday. Bright guy.
Delusion and lying with impunity are not mutually exclusive.
Delusion and lying with impunity are not mutually exclusive.
“Well, then, I’ll offer you another solution. Why don’t you take over my mills and be done with it?” said Rearden. …
“Oh no!” gasped Mouch.
“We wouldn’t think of it!” cried Holloway.
“We stand for free enterprise!” cried Dr. Ferris.
“We don’t want to harm you!” cried Lawson. “We’re your friends, Mr. Rearden. Can’t we all work together? We’re you friends.” …
“We don’t want to seize your mills!” cried Mouch
“We don’t want to deprive you of your property!” cried Dr. Ferris. “You don’t understand us!”
“I’m beginning to,” said Rearden.”
Documentation File on the 2014 Impeachment of B. Hussein Obama, aka Barry Soetoro a former Foreign Student from Indonesia, and still a legal Citizen of the Sovereign Nation of Indonesia.
Note: Good example that the first thing that Obama says is always a lie.
Classic case of:
http://en.wikipedia.org/wiki/Narcissistic_personality_disorder
I’m serious.
That explains why 35% of the US companies listed on the stock exchanges have been delisted..
Bank bailout
Gift of Chrysler to Fiat
GM bailout
AIG
BP and offshore drilling moratorium
Ban on oil and gas leasing
Defeated Keystone pipeline
Solar energy scams
Coal industry rubbed out
Very friendly business environment
Business friendly to his wallet.
I must admit, I immediately checked to see if John Semmens was the author....
“What would this community organizer know about business?”
The putz thinks “their job” is to “complain about regulations”.
If you are not going to contribute anything besides the exact same post on every thread on FR, why don’t you go do it on a different forum such as DU or HuffPo? Even pMSNBC!
“President Obama says he has been “friendly” to business”.....
Perhaps so but NOT to businesses in the U.S. He has driven American businesses OUT of the country and is now trying to stop them from leaving so he can collect taxes from them.
Talk about being out of touch. The idiot has never held a real job in his life. He has no idea what business it or what it takes to run one.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.