Business Week:"CEOs rate Obama's Performance"

FLAGRANT1 · Aug 3, 2009

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This is just an interesting surface assesment of President Obama's first six months. Here are a few interesting quotes:

Robert Greifeld

CEO, Nasdaq OMX

What I like is the fact that the President recognizes that we have a number of pressing issues and is endeavoring to attack or approach these issues with hopefully innovative solutions. The counterpoint to that is that you do grow concerned that they might try to do too much too soon or to overreach in a particular area and run the risk of rendering all efforts either neutered or ineffectual.

He's exceeded my expectations with respect to the managerial ability to craft and attempt to execute a wide-ranging agenda. I would have assumed that the natural realities of the office and what's required to move legislation would have narrowed the agenda.

Within the leadership of the business community, there is concern and I would say that the attitude is not so much wait-and-see, but wary. They're wary with respect to trade policy. They're wary with respect to tax policy and obviously are also concerned with the burden of health-care costs. There's a fair amount of trepidation in the business community and what the Administration policies might mean to their success in the future. In terms of the concern in the business community, I think, it is greater today than it was back in November.

On the stimulus package: I don't believe the stimulus has had a noticeable impact on the economy as of yet. I think it is somewhat misguided to be calling for additional stimulus. We need to get the stimulus that was approved into the economy, flowing through our different activities.
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Jeffrey B. Kindler

CEO, Pfizer
Obama's health-care reform is making more progress than a lot of people would have predicted. We're on the verge of a bill coming out of the House that's clearly going to happen. Right now there's some challenges in the Senate because of the potentially significant differences between the two committees there. The biggest challenge is this issue around the public plan. The other is how do we pay for it? Those are big issues. How they're going to get resolved within the time frame people have in mind, I'm not an expert on that. On any given day you'll hear harmony or disharmony. But yeah, I do sense a considerable amount of progress.

I do think that we have to accept the reality that the vast majority of the people in this country get their insurance from employers and if we create a system that provides an incentive for employers to not provide their employees with insurance, then under certain scenarios huge numbers of people under public option would move out of the employer system into the public system. That would not be a good outcome because it would impose a tremendous financial burden on the taxpayers.
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aghast · Aug 7, 2009

^^^

How lucky we are to have a CEO himself grace us with his presence/opinions?

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Business Week:"CEOs rate Obama's Performance"

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