WNYT NewsChannel 13 on Nostr: Biden's team asks CEOs how to further boost the economy while Trump says business is ...
Biden's team asks CEOs how to further boost the economy while Trump says business is on his side
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Top Biden administration officials have been reaching out to CEOs and corporate leaders to ask about their needs and how to drive investment. The Biden team believes the economy is doing well and wants to sustain growth by addressing issues such as the shortage of skilled workers and streamlining government permitting. Trump, on the other hand, will present his case to the Business Roundtable for why the economy would be better if he returned to the Oval Office. Both candidates are courting business leaders and want to show they can work with employers. The Biden team has had discussions with over 100 CEOs, while Trump has lined up support from Wall Street billionaires. The CEOs the Biden team has spoken with are generally satisfied with the performance of the stock market and the overall economy. They support the administration's push to renew a corporate tax break for research and development expenses. However, they have expressed concerns about Trump's tariff hikes and the potential disruption to trade relationships. The Biden team's increased outreach to CEOs was initiated by White House chief of staff Ron Klain, who gathered top officials to implement a strategy of speaking more with CEOs. The Biden administration believes its plans are better for overall growth and profitability. The shortage of skilled workers is a major concern raised by CEOs, as companies are unable to hire everyone they need, limiting their revenues. The Biden administration aims to address this issue by partnering with companies and focusing on skill development. Commerce Secretary Gina Raimondo sees the shortage of skilled workers as an economic, cultural, and political issue that needs to be solved for sustained growth and to provide paths into the middle class for voters.
#Biden #Trump #Ceos #Economy #Business #Campaign #Outreach #Growth #SkilledWorkers #TaxBreak #Tariffs #TradeRelationships #StockMarket #Inflation
https://wnyt.com/us-news/bidens-team-asks-ceos-how-to-further-boost-the-economy-while-trump-says-business-is-on-his-side/
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Top Biden administration officials have been reaching out to CEOs and corporate leaders to ask about their needs and how to drive investment. The Biden team believes the economy is doing well and wants to sustain growth by addressing issues such as the shortage of skilled workers and streamlining government permitting. Trump, on the other hand, will present his case to the Business Roundtable for why the economy would be better if he returned to the Oval Office. Both candidates are courting business leaders and want to show they can work with employers. The Biden team has had discussions with over 100 CEOs, while Trump has lined up support from Wall Street billionaires. The CEOs the Biden team has spoken with are generally satisfied with the performance of the stock market and the overall economy. They support the administration's push to renew a corporate tax break for research and development expenses. However, they have expressed concerns about Trump's tariff hikes and the potential disruption to trade relationships. The Biden team's increased outreach to CEOs was initiated by White House chief of staff Ron Klain, who gathered top officials to implement a strategy of speaking more with CEOs. The Biden administration believes its plans are better for overall growth and profitability. The shortage of skilled workers is a major concern raised by CEOs, as companies are unable to hire everyone they need, limiting their revenues. The Biden administration aims to address this issue by partnering with companies and focusing on skill development. Commerce Secretary Gina Raimondo sees the shortage of skilled workers as an economic, cultural, and political issue that needs to be solved for sustained growth and to provide paths into the middle class for voters.
#Biden #Trump #Ceos #Economy #Business #Campaign #Outreach #Growth #SkilledWorkers #TaxBreak #Tariffs #TradeRelationships #StockMarket #Inflation
https://wnyt.com/us-news/bidens-team-asks-ceos-how-to-further-boost-the-economy-while-trump-says-business-is-on-his-side/