What Job Creators Want the President to Say Tonight

More Trade:
  • “Gail Kelly the CEO of Westpac Banking Corp. stated this ‘For the next few years, perhaps the next decade, global growth will be driven by domestic demand in emerging economies... Most important will be to maintain fair and open trading policies, despite likely calls for greater protection, and to encourage the adjustment of currencies globally to reflect the new realities.’” (Alan Murray, “CEOs Call for Less Regulation, Better Infrastructure” Wall Street Journal, 09/07/11)

Reduce Burdensome Regulations:

  • “Steve MacMillan, the CEO of Stryker Corp said ‘Balanced, reduced regulation. The pendulum has simply shifted too far, and many of our most innovative industries—health care, energy and finance—are all currently stymied by the amount of new regulations, further enhancing uncertainty and adding complexity.’” (Alan Murray, “CEOs Call for Less Regulation, Better Infrastructure” Wall Street Journal, 09/07/11)
  • “John Schiller, chairman and CEO of Energy XXI, said ‘if the government would get out of the way, from a regulation standpoint, and let us do what we do good you'll see us continue to hire and grow this economy.’” (Gennine Kelly, “CEOs to Obama: 'Get out of the way' for job growth,” USA Today, 09/07/11)
  • “The CEOs also want lower corporate taxes in the U.S. and a moratorium or a rollback of business regulations. ‘The government needs to be a better partner with the business world,’ said Magellan Health Services CEO Rene Lerer, echoing a sentiment expressed by many business leaders.” (Joe Light and Alan Murray, “Private Ideas on How to Create Jobs,” The Wall Street Journal, 09/07/11)
Lower Tax Rates:
  • “Juan Davis, owner of Fast Lane Clothing Co. in Tampa, Fla., said lowering corporate taxes would help his clothing manufacturing and embroidering business grow. The company now employs 19 workers, more than at the low point of the recession but far below the 35 workers it had in 2008. ‘We spend more on taxes and insurance than even on payroll,’ he said.” (Joe Light and Alan Murray, “Private Ideas on How to Create Jobs,” The Wall Street Journal, 09/07/11)