'Get in the Game:' President Obama Implores U.S. Businesses to Invest in Job Creation

Share
Copy

"He possesses a deep understanding of how jobs are created and how to grow our economy," he said of the JP Morgan Chase & Co. executive. Daley, a former Commerce Secretary in the Clinton administration, brought to the White House business ties, which critics of the administration have complained were absent.

Last month Chamber President Donohue applauded the president's choice of Daley to lead the West Wing.

"This is a guy that understands the issues, understands the players, knows the players and knows how to make it work," he said.

Donahue also noted in his annual "State of American Business" address last month that there was a "new tone out of the White House" that along with the compromise to extend the Bush tax cuts in December and progress on the South Korea free trade agreement, "addressed some of the business community's immediate concerns."

With job creation and the economy still the top priorities for Americans, the White House has said that it will be a top focus for the president this year.

Last Friday the Labor Department reported that the U.S. economy added 36,000 jobs in January, far fewer than the 146,000 jobs that economists had projected would be created. The unemployment rate fell to a two-year low of 9 percent.

In his State of the Union address last month, Obama struck an optimistic tone on the economy.

"We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again," he said.

But the president offered few specifics on how he intended create new jobs. He outlined five key areas where he said the United States needs to move forward and Washington needs to make significant and immediate strides: innovation, education, infrastructure, tackling the national debt and government reform.

Freeman said the Chamber wants to hear more specifics on the Obama Administration's job creation plan.

ABC News' Jon Garcia contributed to this report.

Page
  • 1
  • |
  • 2
  • |
  • 3
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...