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MarketTicker Forums Read Message in NotSoBreaking
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User Info Aftermath from Obama's job council meeting in forum [NotSoBreaking]
Drench
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Bloomberg interviews soon. Valerie Jarrett, Steve Case, and Robert Wolf from UBS.
Quote:
President Barack Obama's jobs council called on Tuesday for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms, a set of proposals unlikely to provide a quick fix for high unemployment or gain much traction in an election year.
http://www.foxbusiness.com/economy/2012/....
Drench
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Jarrett: "I think we have a strong relationship with the business community."

smiley
Drench
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Case pimps this, which he is "honored to head up."

http://www.startupamericapartnership.org....
Drench
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Jarrett advocates reforming the tax structure, but says we had a tax holiday for bringing profits back a few years ago, and it didn't work all that well.
Drench
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More after the break.
Widgeon
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Region formerly known as the United States
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Quote:
Jarrett: "I think we have a strong relationship with the business community."



That's true ... you just need to understand that they define "business" as being the largest multi-national corporations. They are very much in a strong relationship w/ them.

Fraudster
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IMHO Valerie Jarret is a BIG part of the problem in the WH.

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"Let China sleep, for when she wakes, she will shake the world." - Napoleon Bonaparte

"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while yet for the decay to reach the heart [America]." - Foundation & Empire by Isaac Asimov
Drench
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Case on letting them stay here once they come here for school: "Everyone agrees that it's the right thing to do."
Drench
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Jarrett says educate more engineers from here "as we continue to attract talent from outside."
Drench
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Wolf: "The lower we can have our tax rate, being a consumer-driven society, the better we all are." Pimps the payroll tax cut extension.
Drench
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Wolf lets the cat out of the bag that the job council is a sham. "Well, I'm not part of this discussion on tax rate."
Drench
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Case on lower corporate tax rate: "I think there's 80% agreement on this in Congress, so we just have to lock and load and get something passed."

Jarrett: "Broaden the base and bring down the rate."

No budget cuts in sight.

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