Back in June we blogged about the Business Roundtable’s withering assessment of President Obama’s approach toward American businesses. Things haven’t improved.
To the contrary: resistance to the President’s economic agenda has been spreading throughout the business community, affecting even groups and leaders who supported both Candidate and President Obama. Runaway “stimulus” spending with no discernible results, a new health care bureaucracy that’s already adding to costs, and credit that’s harder to come by now due to financial “reform” have finally taken a toll on employers’ faith in the President. Now that he needs their support to buck up his economic cred ahead of the midterms, they’re balking.