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Wysłany: Pią 7:37, 14 Sty 2011
Temat postu: U.S. president ramps up economic focus amid skepti
U.S. president ramps up economic focus amid skepticism
U.S. President Barack Obama has in recent days been ramping up efforts to convince Americans that he is taking economic and job growth seriously,
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, analysts say.The initiative comes at a time when the economy is emerging from the worst recession since the 1930s. But while corporations are seeing robust profits,
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, the job market hasn't yet caught up. And while companies are hiring, they aren't doing so at a rate that would significantly lower the 9.4-percent unemployment rate.
On Friday, Obama visited a factory in Maryland and touted his administration's policies aimed at economic growth.On Saturday,
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, the president's weekly radio address stressed what he called the benefits of the tax cuts extension passed during the lame duck session.
Obama is also slated to address the U.S. Chamber of Commerce next month,
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, in a bid to reverse the perception that he is anti-business and out of touch with the business community.At the same time,
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, the president has also re-shuffled his administration to give it a more pro-business flair. On Thursday, he named JP Morgan executive William Daley as his next chief of staff, and on Friday he named former Wall Street consultant Gene Sperling as director of the National Economic Council.
THAW IN RELATIONS WITH BUSINESS?
In a speech in Washington on Tuesday, U.S. Chamber of Commerce President Thomas J. Donohue signaled a thaw in relations between the business community and Obama, and lauded the appointment of Daley,
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, saying a new tone is coming from the White House.Donohue remains "cautiously optimistic" that the recovery will pick up steam,
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, but cautioned that the economy will face a "steep hill to climb" in boosting job growth.
CRITICS ASK "WHAT TOOK YOU SO LONG?"
While some applaud Obama's recent moves, others are wary that the president is simply on a public relations offensive after taking a "shellacking" in the midterm elections on voters' woes over the high jobless rate.Other critics charge the president with being something of a Johnny-come-lately and for passing a tsunami of legislation - from a healthcare overhaul to cap and trade - while virtually ignoring the plight of the country's jobless.
Brian Darling, director of Senate relations at the Heritage Foundation, noted that the president focused a year on healthcare reform and argued Obama spent little time on economic issues. Obama also waited until late December to push through the tax compromise, he said.8 "I think your average American is upset that this administration worked too hard on issues that have nothing to do with the economy," he said.
"The president was too busy working on completing his campaign promises on healthcare legislation and cap and trade,
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," he said."The American people reject the Obama agenda and want him to spend more time in solving problems of the economy," he said.
ARE "ANTI-BUSINESS" CHARGES UNFAIR?
The White House has countered such arguments by contending that the massive 787-billion-U.S.-dollar stimulus bill was a giant leap toward saving the economy from further ruin.It also maintains other initiatives, such as a bill to help small businesses, as well as the recent compromise with Republicans over tax cuts to the middle class, prove the administration takes the economy seriously.
Ryan McConaghy,
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, deputy director of the economic program at Third Way,
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, said critics who label Obama as "anti-business" are unfair, as the president inherited an economy on the verge of spiraling into a second Great Depression,
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Throughout his first two years,
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, he has successfully managed a financial sector rescue,
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, helped to resurrect the auto industry, pushed for small business credit and tax relief, and proposed job creating investments in infrastructure and innovation,
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, he said.Obama has pursued an agenda that has helped the stock market recover and has the U.S. economy heading back toward recovery.In advancing these policies he has been caught between pursuing a centrist policy and acknowledging the anger on the left at the abuses of the Wall Street, he said.
As a result, his rhetoric has at times taken a harsh tone toward the business community."Business leaders aren't sold that he respects and understands business,
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, so,
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, rightly or wrongly, there's a breach that needs to be repaired," he said.
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