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Thread: Obama Tells Companies to 'Step Up' and Hire Workers

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    Obama Tells Companies to 'Step Up' and Hire Workers

    President Obama urged businesses to "step up" and hire workers, pressing banks and other corporations to do more to help an economy that he said would take "several years" to recover fully.


    He said businesses and banks that reaped the rewards of extraordinary measures to pull the country out of a deep recession had a responsibility now to invest hordes of cash into U.S. jobs.

    "It is time for companies to step up," Obama said.

    "American taxpayers contributed to that process of stabilizing the economy. Companies havebenefited from that, and they're making a lot of money, and now's the time for them to start betting on American workers and American products."
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    This is what's wrong with Obama. He doesn't understand what makes businesses tick, economies grow. The man's ignorance is damned scary.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by MrVicchio View Post
    This is what's wrong with Obama. He doesn't understand what makes businesses tick, economies grow. The man's ignorance is damned scary.
    Actually he understands it far more than you do it seems.
    PeteEU

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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by PeteEU View Post
    Actually he understands it far more than you do it seems.
    Yes, he keeps giving breaks to companies the donated to his campaign and unions to avoid the mandates of Obamacare, at least until after the 2012 election cycle... That way the employment situation isn't in the toilet completely.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by MrVicchio View Post
    This is what's wrong with Obama. He doesn't understand what makes businesses tick, economies grow. The man's ignorance is damned scary.
    Just another way to demonize big business.

    Businesses don't hire workers unless and until they need them. As much as President Obama would like to make corporate jobs part of a massive entitlement program, I sure hope that ain't happenin'.
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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Exactly Maggie. Companies hire when it's profitable to do so. Just because some sectors of the economy, and some direct industries were "saved" by Obama, doesn't mean they are now in a position to create new jobs that are economically sustainable. That's how the business world works. You hire when it makes sense over the long term health for your business.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Step up and hire people even though you don’t need them. Didn’t we try that with Bamas stimulus spending? That worked so well that now he wants private business to do another stimulus package? First he bankrupts America now he wants to bankrupt private industry, God help us.

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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by sawyerloggingon View Post
    Step up and hire people even though you don’t need them. Didn’t we try that with Bamas stimulus spending? That worked so well that now he wants private business to do another stimulus package? First he bankrupts America now he wants to bankrupt private industry, God help us.
    1. I'm pretty sure he didn't bankrupt America.
    2. I'm pretty sure he's not trying to bankrupt private industry. His argument is that some companies keep their employment levels low to make ridiculous profits when they could give people jobs.

    It's funny to me that the same people who bitch about unemployment levels under Obama don't give responsibility to the people who can hire but chose not to in order to get make ridiculous profits.

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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by theplaydrive View Post
    1. I'm pretty sure he didn't bankrupt America.
    2. I'm pretty sure he's not trying to bankrupt private industry. His argument is that some companies keep their employment levels low to make ridiculous profits when they could give people jobs.

    It's funny to me that the same people who bitch about unemployment levels under Obama don't give responsibility to the people who can hire but chose not to in order to get make ridiculous profits.
    Companies do not hire people they don't need. Many of these companies are probably just holding their own in not laying off people and making an investment there.

    Edit: Perhaps the better route for a Commander-in-Chief would be to say to large companies: "Now is the time to invest in the future and invest in the American economy -- to grow your business."
    Last edited by MaggieD; 05-12-11 at 10:36 AM.
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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Quote Originally Posted by MrVicchio View Post
    This is what's wrong with Obama. He doesn't understand what makes businesses tick, economies grow. The man's ignorance is damned scary.
    I thought you were of the opinion that business is what makes economies grow? So I guess Obama is saying he needs businesses to grow the economy? I think you two are actually in perfect agreement, unless Obama should shift his focus away from businesses when looking at the economy, or that businesses should not hire more people?

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    Re: Obama Tells Companies to 'Step Up' and Hire Workers

    Businesses don't grow just because someone tells them to. That being said, Obama's frustration is understandable.
    Nobody who wins a war indulges in a bifurcated definition of victory. War is a political act; victory and defeat have meaning only in political terms. A country incapable of achieving its political objectives at an acceptable cost is losing the war, regardless of battlefield events.

    Bifurcating victory (e.g. winning militarily, losing politically) is a useful salve for defeated armies. The "stab in the back" narrative helped take the sting out of failure for German generals after WWI and their American counterparts after Vietnam.

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