Chamber of Commerce, US Chamber Watch, What is really going on with Foreign money influencing our election.
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BY CHRISTIE NICKS
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Innovative ideas or the same old speech?
PRESIDENT BARACK OBAMA: "Over the last two years, I've sought advice from many of you as we were grappling with the worst recession most of us have ever known."
President Obama addressed the U.S. Chamber of Commerce Monday with what some are calling familiar rhetoric.
The president talked up business investment and touched on deregulation -- but a writer from Slate.com says- none of this is new.
“I didn't hear any shift in policy. I did hear confirmation of the themes from the State of the Union, which can be boiled down as ‘we were right about 90 percent of what we did, and it will be good for the economy, but since you won 63 House seats and 6 Senate seats we'll entertain some new ideas.’”
The president’s speech seemed to include a new willingness for regulation reform. Chamber of Commerce president Thomas Donahue offered up some advice for the president on that topic in an interview with Fox News Anchor Brett Baier.
THOMAS DONAHUE (Chamber of Commerce President): “He’s going to want to take a look at some of the actions of some of the independent regulatory agencies and some of the regulations that have come from the health care and capital markets bills and from the actions of the EPA those are the regulations that are causing companies to sit on their money and wait until they’re more sure on what they’re dealing with.”
But in the end, the president’s message? Spend that money.
PRESIDENT BARACK OBAMA: “Now is the time to invest in America. And if there is a reason that you don’t share my confidence, if there is a reason that you don’t think now is the time to get off the side lines, to hire and to invest, I wanna know about it.”
A familiar message that didn’t hit home with everyone. A blogger from 24/7 Wall St. points out - spending money isn’t easy for small businesses.
“Small firms do not have easy access to capital, making adding additional workers more difficult. The federal government has not made any meaningful moves to help small businesses to gain credit.... Large firms have discovered they do not need more workers and small ones cannot afford them.”
President Obama has had a rocky relationship with the Chamber since he came into office. But a writer for DC Streets Blog suggests the two can at least agree on one thing.
“…infrastructure is the issue around which all these forces can come together for a common goal... a good working relationship between the president and the Chamber is essential.”
So is this is the start of a budding friendship? Or...same old, same old?
PRESIDENT BARACK OBAMA: “Maybe if we had brought over a fruitcake when I had first moved in we would’ve gotten off to a better start.”
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Corporate Social Responsibility News: Herman Miller Scores #1 in Fortune's Most Admired Companies; Chambers Ireland Launches 8th CSR Awards.
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