“You’re headed for a one-term presidency,” he told Obama. He insisted that the administration needed to be more business-friendly according to a new biography by Walter Isaacson.
By Michael Whipple, Editor usACTIONnews.com
Huffingtonpost.com revealed Jobs’ concern about Obama’s anti-jobs policies in an article about the forthcoming biography:
“You’re headed for a one-term presidency,” he [Jobs] told Obama at the start of their meeting, insisting that the administration needed to be more business-friendly. As an example, Jobs described the ease with which companies can build factories in China compared to the United States, where “regulations and unnecessary costs” make it difficult for them.
Jobs also criticized America’s education system, saying it was “crippled by union work rules,” noted Isaacson. “Until the teachers’ unions were broken, there was almost no hope for education reform.”
It makes Jobs sound almost like a Tea partier but similar complaints have aired from other Democrats.
Steve Wynn, CEO of Wynn Resorts, perked ears in July of this year when he said:
“But I’m afraid to do anything in the current political environment in the United States. I’m saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. Well this is Obama’s deal, and it’s Obama that’s responsible for this fear in America. The guy keeps making speeches about redistribution, and maybe we ought to do something to businesses that don’t invest or holding too much money. We haven’t heard this kind of talk except from pure socialists”
More recently Wynn reiterated his concerns as reported by IBD Editorials:
In a call with analysts about Wynn Resort’s third quarter earnings, the executive let loose on the worsening business environment for American companies, the Occupy Wall Street movement, the class war against the rich, and the growing control exercised by the federal government over entrepreneurs and businesses.
I am watching my employees’ standard of living drop because of deficits. I think that the American public is beginning to make a connection between deficits and their own loss of living standard…
And we have an administration that is fanning the fires that this is somehow undeserved, profligate millionaires, and it is worse than hypocrisy. It is totally dishonest. It represents young people who don’t know the difference, simple misunderstanding and the lack of understanding of how the economy works or what’s going on in America, but if it’s politician that does it or union leader, then it represents something much more pernicious. It represents a deliberate misleading of the public. And I think that Americans are waking up to this.
It’s simply a statement of fact from a businessman who has supported probably more Democrats than Republicans. But I say right now that the Democratic agenda of spend and bribe the public has bankrupt this country, and until it stops, the citizens of this country are in for more hard times. And fancy speeches aren’t going to change that, only a fundamental realization that citizens are going to have to take real sophisticated responsibility for how we allocate the resources of this country.
Other business leaders have voiced similar concerns.
In February 2011 according to FT.com 3M’s chief, George Buckley, said “We know what his instincts are – they are Robin Hood-esque. He is anti-business.”
Just last September former head of GE Jack Welch said “President Barack Obama’s administration has an “anti-business” bias which manifests itself through intimidation, trade, taxes and regulation.” A year ago a Bloomberg survey showed that 77% of US investors thought of Obama as anti-business. Jeff Immelt, CEO of GE is reported to have said business did not like the US president, and the president did not like business. Immelt has since backtracked after becoming an Obama insider.
Former Obama supporter and consistent leftist Mort Zuckerman wrote an opinion piece in US News saying:
“This predilection to blame business is manifest in the unnecessary and provocative anti-business sentiment revealed by President Obama in a recent speech that was supposed to be seeking the support of the business community for a doubling of exports over the next five years.”
He went on to point out that burdensome rules and regulations being instituted by the Obama administration and the then Democrat controlled congress:
“Consider the new generation of regulatory rules, increased bureaucracy, and higher taxes created by the Obama administration. For example, the new financial regulation bill includes nearly 500 “rule-makings,” studies, and reports, compared with just 14 in total for the controversial Sarbanes-Oxley bill, passed after the financial scandals of Enron and WorldCom.”
“The U.S. economy faces hurricane force headwinds and the government is at the center of the storm, making an economic recovery very difficult,” said William Dunkelberg, chief economist for National Federation of Independent Business.
Consider the following attacks on Obama and the Democrats in recent months:
- Intel CEO Paul Otellini, referring to Obama and the Democrats, said in an August speech to the Technology Policy Institute’s Aspen Forum, “I think this group does not understand what it takes to create jobs.”
- Verizon CEO Ivan Seidenberg, in a June speech at the Economic Club of Washington, accused Obama of creating an “increasingly hostile environment for investment and job creation.”
- Cypress Semiconductor’s Rodgers told me last week that he had “started out happy with Obama because we had broken through the white male barrier” and made “a step forward for equality.” But Rodgers added: “I have become deeply disappointed with him. It is amateur hour in Washington. The guy hasn’t got a clue about the economy, how jobs are created, how wealth is created. It reminds me of the Jimmy Carter years, only worse.”
- Blackstone Group CEO Steven Schwarzman seemed to compare the Obama administration to Hitler by saying in a recent private meeting that Washington’s push to increase taxes on private-equity firms is war, “like when Hitler invaded Poland in 1939,” according to Newsweek.
Bernie Marcus Home Depot co-founder told Neil Cavuto that we will never be able to pay off this debt and that if we continue these policies we will be ‘dead in the water’. ‘I don’t know what he’s smoking’ he said of VP Biden’s stimulus propaganda. He said Obama administration doesn’t “have a clue” on small business.
Obama seems to be doing everything he can to increase energy costs. Higher energy costs means fewer jobs. Obama appointed an energy secretary that actually wants higher gasoline prices. Secretary Chu has said “Somehow we have to figure out a way to boost the price of gasoline to the levels in Europe.” A recent Congressional Report determines that the Obama administration is intentionally causing high gas prices. The public seems to remain clueless. Remember this is a president who said “under my plan electricity rates will necessarily skyrocket.”
Obama’s most recent cabinet appointment John Bryson was approved in midnight vote session. Bryson who will head up the commerce department is decidedly anti-business, anti-energy and ant-growth. IBD Editorials exposed the anti-business bent of Bryson in June, 2011:
“The nominee for commerce secretary founded an anti-energy group and believes in redistribution of wealth to help poorer nations. At this rate, we’ll be one of them.
Bryson also spent time as an environmental lawyer and co-founder of the National Resources Defense Council, perhaps the most anti-energy, anti-growth progressive group on the planet. He has served as an adviser on energy and climate issues to U.N. Secretary-General Ban Ki-Moon at a time when the U.N. was pushing anti-growth climate change treaties based on fraudulent and doctored data.
Bryson told a U.N. energy conference in 2009 that a global wealth-redistribution program was needed to keep poor people in developing countries from using their own forest resources.
Bryson told a University of California, Berkeley, audience in 2010 that a cap-and-trade system was a good way to hide a carbon tax but that he preferred a robust system of regulations to restrict older forms of energy such as fossil fuels and redirect energy production toward greener alternatives.
Bryson supports renewable energy mandates, a carbon tax hiding behind cap-and-trade legislation, a global redistribution of wealth, fighting climate change and restricting domestic development of our vast fossil fuel resources. He is President Obama’s ideal nominee.”
No matter how much Obama insists he is concerned about jobs, people like Steve Jobs recognized that he is an anti-jobs president.
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