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  Obama Tells BW (BusinessWeek) He's Not Antibusiness
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ContributorScottĀ³ 
Last EditedScottĀ³  Jul 30, 2009 01:33pm
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CategoryInterview
AuthorStephen J. Adler
News DateWednesday, July 29, 2009 07:30:00 PM UTC0:0
Description"In a wide-ranging interview, the President says "to return to some semblance of balance is hardly radical"

In a July 27 interview in the Oval Office, President Barack Obama reflected on his first six months in office and discussed his evolving relationship with business leaders.

The President clearly had a lot he wanted to say to the business community, with which he has gotten off to a somewhat shaky start. He addressed the criticisms of some CEOs that his policies are antibusiness, defended his proposed tax increases on the wealthy, and drew management lessons from his executive experience thus far.

During the wide-ranging conversation with Editor-in-Chief Stephen J. Adler and Washington Bureau Chief Jane Sasseen, the President was cautious at times but always precise. He looked ahead to growth in a deleveraged economy driven by a more productive health-care system, energy innovation, educational improvements, and a more effective government. He added that many Americans are as cynical about business as business leaders are about government and that his goal is to channel this wave of populism in a constructive direction. (This is an extended transcript of the entire interview.)"
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