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Thursday, September 23, 2010

Corporate leaders are slamming the president over taxes and the uncertain effects of his policies, and the executives' siege mentality is holding back the economy.

Why CEOs can't stand Obama

By Michael Brush

Is fear of President Barack Obama one reason we're stuck with sluggish economic growth?

That's the message the CEOs of several major companies are sending out.

In unusually vitriolic attacks on a sitting president, including references to communist Russia and Adolf Hitler, CEOs have complained they can't predict what Obama will do next -- and how his new regulations and taxes might hit their companies.

Which party is better for the economy?

The result is a bunker mentality that has CEOs holding back -- and the economy growing more slowly as a result.

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