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President Obama addresses the U.S. Chamber

Chaaron Pearson on Monday, February 7, 2011 at 12:00:00 am

President Obama addressed an audience at the U.S. Chamber comprised of U.S. Chamber members; state and local chambers and businesses.

President Obama’s speech echoed a number of business issues from his State of the Union address.   He focused on what both government and the private sector can do to help America “win the future.”

He said that the government is committed to making America the best place on earth to do business.  Among the things he pledged were:

  • Tax credits for research and development and to invest in education. 
  • To cut spending and put the nation on sounder financial ground.  He said that the administration will be making tough but smart choices. 
  • The administration will be reviewing agencies and regulations to make sure that they are not standing in the way of getting business done in the U.S. 
  • He thanked the Chamber and the AFL-CIO for coming together and pushing for increase and more efficient infrastructure to take the U.S. into 21st century. 
  • He also said that he understands the concerns about the Health Care bill and is happy to look at ways to improve that legislation. 

President Obama then presented a few items that he asked of businesses.  Those include:

  • He asked businesses to recognize the perils of under regulation.
  • All American workers need to have a stake in trade, productivity and innovation.
  • He asked business to help rebuild the middle class.
  • Finally, the President challenged businesses to aggressively reinvest in America.

His largest applause line: “Now is the time to invest in America.”

Full prepared remarks are available at:

Full prepared remarks are available at: New York Times

Former ACCE Chairman Dave Adkisson will be on PBS NewsHour tonight discussing his reaction to the President’s remarks.  It will be taped live today at 6 p.m. Eastern.

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