February 24, 2010 1:43 PM

Obama Calls for Partnership with Business

(AP)  President Barack Obama on Wednesday rejected charges that his agenda would lead to socialism and challenged some of the nation's foremost corporate leaders to join him in powering the country to a robust future.

In a speech to the Business Roundtable, Obama tied together and defended the widespread threads of his reform agenda, describing them as a unified push to help the United States compete abroad and rebound at home.

On a particularly sore point for business leaders who have or are planning to ship jobs overseas, Obama was unapologetic for his policy of rewarding industries that choose to remain at home.

"As president of the United States, my interest is to reward or at least not disadvantage companies who are creating more jobs and doing more business within the borders of this country," Obama said. "That's not antibusiness, it's pro-America, and I don't apologize for it."

In addressing the Roundtable, one of capital's most influential business groups, the president essentially reprised his State of the Union message.

Obama said those points needed repeating "because we have arrived at a juncture in our politics" where any reform efforts are "too often greeted with cries of 'government takeover' or even 'socialism.' "

Reminding his audience he is the president of a people with widely varying interests and needs, Obama told the business leaders, "We are all in this together."

Of the daunting array of troubles still facing all the country, Obama said that could be overcome only "if we all pick up an oar and start rowing in the same direction."

The group's support is crucial to Obama's agenda as he faces a rough road heading toward November's midterm elections. He has wooed Roundtable leaders since the start of his presidency, including an hour-plus speech to them last year and a private White House dinner Tuesday night.

His top advisers, such as Valerie Jarrett, have spent hours hearing the group's viewpoints and weaving their opinions into the White House's agenda, including a new push to make it easier for U.S. firms to compete abroad.

Obama also gave a nod to the Senate having passed just hours earlier a new bill to invest $15 billion to create more jobs in the United States through a series of tax incentives to business. Several Republicans broke unity with their party's habit of blocking all legislation, joining Democrats in a 70-28 vote.

© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
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by payasyougo February 24, 2010 7:55 PM EST
"Obama Calls for Partnership with Business"
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We've seen the partnerships. Goldman, Morgan and the others are not complaining at all.
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by jsachse February 24, 2010 6:52 PM EST
He meant "...start rowing in the direction I want to go"
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by wfw3536 February 24, 2010 6:40 PM EST
Obama bragging about the new 15 billion dollar job bill when he and his administration wasted 900 billion in stimilus money. I guess they created too many individual jobs that cost from 100,000 to 1 million dollars apiece. That is our government at work.
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by cleantheDCcesspool February 24, 2010 5:03 PM EST
I'll bet the roundtable is thrilled with Obama's proposed Cap and Trade legislation. And his efforts (zero) to reduce unemployment during his first year in office. And his EPA plans to reduce carbon emissions. And his card check plan. And his open door policy to SEIU and ACORN. And his ownership of GM. Yep, this is one pro-American-business prez, alright. Everything he does -- as opposed to everything he says -- is aimed toward making American products more expensive to make and purchase.
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by rightbehind February 24, 2010 4:26 PM EST
If he wants businesses here throw the trade walls up. You want to sell it here it has to be made here or be taxed!
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by infantryman1968 February 24, 2010 4:53 PM EST
Gee, that will get them back!
by ky7474 February 24, 2010 3:25 PM EST
All the proceeds for the number 1 cash crop in the world [marijuana] goes to organized crime, this would be a great place to start. Not to mention all the senseless killings and ruined lives over a corrupt, illegal prohibition at a time when the truth could easily be hidden. The corruption between big corporations and government continues to work like a cancer in our society today. It's time to correct the wrongs of the past so this country can again be a great nation.
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