Bloomberg reports that President Barack Obama yesterday welcomed two major American business leaders to the Oval Office - Walmart CEO Mike Duke, and recently retired Procter & Gamble CEO AJ Lafley.
The meeting was engineered by the administration, lasted about 40 minutes, and, according to White House press secretary Robert Gibbs, “ is one of a series of sessions aimed at soliciting the views of some of the nation’s largest employers on efforts to spur the recovery of the U.S. economy.”
As Bloomberg reports, “Obama is stepping up his engagement with the business community following this month’s midterm elections in which his party lost control of the U.S. House and saw its majority narrowed in the Senate. Some executives and business groups, including the U.S. Chamber of Commerce, have criticized Obama on issues including taxes and regulations.
“Obama blamed the election results on voters frustrated with the weak economy. The nation’s unemployment rate has remained at 9.5 percent or higher for more than a year.”
The meeting was engineered by the administration, lasted about 40 minutes, and, according to White House press secretary Robert Gibbs, “ is one of a series of sessions aimed at soliciting the views of some of the nation’s largest employers on efforts to spur the recovery of the U.S. economy.”
As Bloomberg reports, “Obama is stepping up his engagement with the business community following this month’s midterm elections in which his party lost control of the U.S. House and saw its majority narrowed in the Senate. Some executives and business groups, including the U.S. Chamber of Commerce, have criticized Obama on issues including taxes and regulations.
“Obama blamed the election results on voters frustrated with the weak economy. The nation’s unemployment rate has remained at 9.5 percent or higher for more than a year.”
- KC's View:
- If there is one thing that the Obama administration needs right now, it is great engagement with the business community. It’d be nice to see the White House draft people like Lafley and former Walmart CEO Lee Scott, bringing them into the fold and getting their constant input and management skills.
