Obama to business: Hire workers (dang it)! UPDATE: Video

This is what leadership in the United States has become. Criticize private business – the very essence of the capitalist system – at every turn, and in every way possible and then go out and demand they “do what’s right” and hire workers. More proof this guy knows nothing about running anything.

Businesses don’t hire new employees simply because they have healthy profits and they don’t hire employees when government bureaucrats or even the president of the United States tells them to do so. They hire new employees as a direct result of need as the company expands.

President Obama thinks companies have so much money they should just hire employees to come in and stare at a cubical wall for eight hours a day. From Reuters.

[President Obama] said businesses and banks that reaped the rewards of extraordinary measures to pull the country out of a deep recession had a responsibility now to invest hordes of cash into U.S. jobs.

“It is time for companies to step up,” Obama said.

“American taxpayers contributed to that process of stabilizing the economy. Companies have benefited from that, and they’re making a lot of money, and now’s the time for them to start betting on American workers and American products.”

Businesses take risks every single day. They bet on employee productivity, they bet on the economy, they bet on what a competitor is going to do.

President Obama is asking businesses to take unreasonable risks by hiring staff to appease him, and I’m willing to bet mandates are around the corner. These are the type of moves that put us into the current economic downturn. I guess Obama thinks private businesses can handle huge deficits and debts just like the US government.

UPDATE (Jim): Here’s the President at a CBS Townhall saying pretty much the same thing … with a little extra. He now says it will take years, not months before businesses start hiring. And that it’s businesses fault. H/T Jim Hoft.

Hope and change my little mobsters.

12 replies
  1. Dimsdale
    Dimsdale says:

    ?American taxpayers contributed to that process of stabilizing the economy. Companies have benefited from that, and they?re making a lot of money, and now?s the time for them to start betting on American workers and American products.?

    ?
    Change “companies” to “government”, and you are talking sense!

  2. sammy22
    sammy22 says:

    Indeed companies/executives/workers are rewarded when risks taken result in success. And then there are people like “Neutron Jack” and others. I am willing to wager that there are no mandates around the corner.

  3. GdavidH
    GdavidH says:

    This economics challenged?socialist sounds more and more like a dictator every day and the complicit media outlets should be ashamed.

  4. JollyRoger
    JollyRoger says:

    It’s not his fault really; he was born into a time of guilt, he was passed along without question from one professor to another, he was voted for by people exploited for their anger, and now he’s up to his nose in sh*t and doesn’t know when to keep his mouth shut!? It’s true what mama said, anyone can be president!

  5. steve418r
    steve418r says:

    Gosh, between the federal government and now the state of Connecticut, it will be hard for any business to hire. There is such a big push toward socialism, American business is becoming an endangered species.
    Somehow, I think it is all part of a bigger plan by the libs. They will end up taking the position that since business didn’t go fast enough, the government had to mount a rescue.

  6. Eric
    Eric says:

    And this is why we need leadership in Washington that has private sector experience. This “President” of ours has absolutely no idea what it takes to run a business. His ignorance is out-shined only by his arrogance!

  7. gillie28
    gillie28 says:

    Ahem, do you think this little “push” to encourage businesses to hire could have anything to do with reducing unemployment levels in time for next year’s election????? Nah, how could I be so suspicious of a politician’s motives!

  8. Marilyn
    Marilyn says:

    I told my husband yesterday that the President has ordered him to hire someone.? Hubby said he didn’t have any work for them and the company can’t afford to pay them.? I said not to worry, just hire someone and then lay them off, they will get another 99 weeks of unemployment.?

  9. PatRiot
    PatRiot says:

    I seee where this is going.
    A Gov’t bail out in a company is now considered an investement.? One of the strings attached to that is compliance with a Gov’t request, in? this case to hire.??Those who didn’t require a bailout will need to comply or be branded as being unfriendly to the American worker – Chicago or?Wisconsin union?style politics.
    Unfortunately, like Fannie Mae, Freddie Mac and Sallie Mae, the Gov’t / private venture is designed to fail in the Gov’t’s favor.? And when it does fail, more draconian laws will be passed to further strangle freedom, free trade and increase taxes.
    Their goal is?secure a revenue stream,? be responsible only when it suits their purpose and minimize their costs by having the businesses manage the issues and eat the costs.? How many taxes are collected by businesses as fees, universal charges?? Spread them out and hopefully no one notices.
    Call me paranoid….. but not if I’m right.??

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