http://www.msnbc.msn.com/id/38640292/ns/business-eye_on_the_economy/WASHINGTON — Labeled antibusiness by Republicans and some corporate chiefs, President Barack Obama mounted a campaign to show he wasn't. But his charm offensive has hit a rocky patch.
Business leaders gripe about burdensome new financial and health care regulations, what they see as unfriendly tax policies and vast government spending. They were put off by Obama's harsh depiction of "fat cat bankers" and "reckless practices," a label he applied both to Wall Street and to oil-spill giant BP.
Among the Obama policy detractors: JPMorgan Chase CEO Jamie Dimon, who supported Obama's presidential bid but actively opposed his financial regulation overhaul. Not surprisingly, Dimon was not on the 400-strong guest list for the bill-signing.
White House aides dispute an antibusiness bias, noting that corporate profits are up 65 percent from two years ago. "The stakes are too high for us to be working against each other," top presidential advisers Rahm Emanuel and Valerie Jarrett wrote to the U.S. Chamber of Commerce.
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maybe he should tell them they need to be drug-tested...a lot of wasted energy trying to win over a group that will never be on your side.
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