Wednesday, August 13, 2014

Barack Obama Is A Friend To Businesses - Business Insider

Barack Obama Is A Friend To Businesses - Business Insider: "His administration provokes quiet fury from many corporate leaders: even Democrat-voting bosses moan about a White House that "doesn't get it." Some cite a president bent on redistribution and red tape as a reason not to invest in America.

But who is correct? The president's strongest card is macroeconomic policy (see chart). Mr Obama points to such measures as high stockmarket values, record corporate profits and job growth. How much of this he can claim credit for is a question debated by economists (see "Presidents and growth: Timing is everything")."

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