Tonight, I want the President to do something that only the President can do. I want him to inspire us… Here’s what I would love to hear from President Obama…
- To the American Worker - Government’s efforts to end the recession will continue in a coordinated fashion, HOWEVER, government is not the solution to the current crisis. This is a crisis of faith in our system. Let me assure you the American People and the people of the world – American capitalism is alive and well. We are open for business. While the problems facing us are serious, they still pale in comparison to the larger, healthy system in place here in America. I ask you, the American worker, to go in tomorrow with a renewed vigor for what you do. Help provide real evidence to those who invest in America that their investment is a solid one. That power rests with you.
- To the Business Community - As the President, I am making a very important request of everyone in the business community – it’s time to get out from under the desk and start growing again. To our country’s business leaders, I need you all to step up. Tomorrow when you go in, look at your plans to grow and make the necessary investments to meet those plans. Be bold, take this opportunity to gain competitive advantage. Hire that extra worker, buy that piece of equipment you need to improve productivity. Over the next several months, we will be constructing a comprehensive tax incentive program to make those decisions even easier. You make a commitment to me tonight and I will follow up with mine tomorrow. We’re going to lessen government’s burden on your back so that you can help carry more weight for all of us.
- To the Investment Community - To those of you who are afraid of putting money to work in our public markets, I tell you tonight that there has not been a better time to invest in nearly a decade. Do your homework and I can assure you that you will come to the same conclusion I have come to – hundreds of publicly listed companies are trading at levels that do not reflect the true value of their equity. We can all change that… we can all be part of a self-fulfilling prophecy. But we have to do it together. I know this is risky because there will be short term profit takers looking to take advantage of our collective optimism. But if we stick together, and if we stick it out, we will all win in the end.
Stay tuned…
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Clint Hauser 02.24.09 at 9:14 pm
While it would be nice to hear those things, his actions to this point do not give confidence that he will do so. He has already states an intention to raise taxes in a way that will strike at small business owners, and he has made it clear that in his eyes Government and not the Market is key to fixing the current issues.
While I would like to be confident that he will chart a course to recovery, the facts are pointing to a recovery in spite of government action and not because of it.