Friday, July 9, 2010

Pity the Poor C.E.O.’s

Business leaders may be feeling unloved, but giving them a group hug won’t cure what ails the economy.

"Well, C.E.O.’s are people, too — but soothing their hurt feelings isn’t a priority right now, and it has nothing at all to do with promoting economic recovery. If we want stronger business spending, we need to give businesses a reason to spend. And to do that, the government needs to start doing more, not less, to promote overall economic recovery."

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