Sunday 3 August 2014

Obama says corporate America has benefited from his policies: the Economist

U.S. President Obama speaks at the Summit of the Washington Fellowship for Young African Leaders in Washington By Roberta Rampton WASHINGTON (Reuters) - President Barack Obama said corporate America has done well under his economic policies, telling the Economist magazine that CEOs should stop complaining about regulations and show greater social responsibility. "If you look at what's happened over the last four or five years, the folks who don't have a right to complain are the folks at the top," Obama said in an interview conducted last week and posted on the magazine's website late on Saturday. Businesses have complained that Obama's signature health care law and the Dodd-Frank financial reforms have hiked their costs.




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