Job Creators Prefer John McCain 4-to-1 Over Barack Obama Over 70 percent of CEOs fear an Obama presidency will be a disaster Chief Executive magazine’s most recent polling of 751 CEOs shows that GOP presidential candidate John McCain is the preferred choice for CEOs. According to the poll, which is featured on the cover of Chief Executive’s most recent issue, by a four-to-one margin, CEOs support Senator John McCain over Senator Barack Obama. Moreover, 74 percent of the executives say they fear that an Obama presidency would be disastrous for the country. “The stakes for this presidential election are higher than they’ve ever been in recent memory,” said Edward M. Kopko, CEO and Publisher of Chief Executive magazine. “We’ve been experiencing consecutive job losses for nine months now. There’s no doubt that reviving the job market will be a top priority for the incoming president. And job creating CEOs repeatedly tell us that McCain’s policies are far more conducive to a more positive employment environment than Obama’s.” For several months during this presidential election year, Chief Executive has conducted specialized polling of CEOs’ attitudes on issues affecting national policy and the economy. During this period CEOs were first asked what policies and approaches would work best for business, energy policy and job creation. Subsequently, they were asked which presidential candidate’s policies were best aligned with these prescriptions for growth. Even though CEOs rated McCain’s policies over Obama’s in the most recent polling, their support came with reservations, as can be witnessed by the B- grade given to McCain’s overall policies. McCain received strong marks for defense and foreign policy but only a C+ on energy, environment and education. Conversely, Barack Obama’s overall plan received a barely passing C- with four out of eight policy areas receiving D grades. Neither candidate received an A. “I’m not terribly excited about McCain being president, but I’m sure that Obama, if elected, will have a negative impact on business and the economy,” said one CEO voicing his lack of enthusiasm for either candidate, but particularly Obama. In expressing their rejection of Senator Obama, some CEOs who responded to the survey went as far as to say that “some of his programs would bankrupt the country within three years, if implemented.” In fact, the poll highlights that Obama’s tax policies, which scored the lowest grade in the poll, are particularly unpopular among CEOs. “Overall, many CEOs are concerned about the future of the U.S. economy and its ability to compete in the global market, but they look to John McCain and hope that this self-described political maverick may yet shake up established thinking and not give into to the tired policies of the past,” concluded Kopko. http://www.chiefexecutive.net/ME2/dirmod.asp?sid=&nm=&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=67E20819CD7646C3B380AD60BB17EFAA
Is this really a surprise? Republicans are known for being pro business and reduced tax rates. Obama plans to raise corporate taxes, raise taxes on the rich and frankly probably on most people, increase capital gains taxes, and probably raise the minimum wage to some rediculous number. Not to mention his idea on windfall profit taxes on energy companies… no doubt some of those CEOs surveyed represent energy companies.
How about some objective examination? h ttp://www.economist.com/world/unitedstates/displaystory.cfm?story_id=12342127 AS THE financial crisis pushes the economy back to the top of voters’ concerns, Barack Obama is starting to open up a clear lead over John McCain in the opinion polls. But among those who study economics for a living, Mr Obama’s lead is much more commanding. A survey of academic economists by The Economist finds the majority—at times by overwhelming margins—believe Mr Obama has the superior economic plan, a firmer grasp of economics and will appoint better economic advisers. …
buddham Wrote: ------------------------------------------------------- > How about some objective examination? > h > ttp://www.economist.com/world/unitedstates/display > story.cfm?story_id=12342127 > > AS THE financial crisis pushes the economy back to > the top of voters’ concerns, Barack Obama is > starting to open up a clear lead over John McCain > in the opinion polls. But among those who study > economics for a living, Mr Obama’s lead is much > more commanding. A survey of academic economists > by The Economist finds the majority—at times by > overwhelming margins—believe Mr Obama has the > superior economic plan, a firmer grasp of > economics and will appoint better economic > advisers. > … So you think Obama will help our economy?
I would trust the Economist’s survey over some random website’s nameless CEOs any day.
The opinion of 751 CEOs carries much more weight with me than those of academic economists. It’s just a personal belief that private sector executive experience trumps academic theory all things being equal. I will grant you that McCain’s economic accumen is lacking and as much as I abhor Obama’s economic plans for this county, he articulates them elqoquently however misguided. A Romney led ticket would have been ideal.
dea_cfa Wrote: ------------------------------------------------------- > The opinion of 751 CEOs carries much more weight > with me than those of academic economists. It’s > just a personal belief that private sector > executive experience trumps academic theory all > things being equal. > > I will grant you that McCain’s economic accumen is > lacking and as much as I abhor Obama’s economic > plans for this county, he articulates them > elqoquently however misguided. > > A Romney led ticket would have been ideal. Romney is a prick.
Freakshow Wrote: ------------------------------------------------------- > I would trust the Economist’s survey over some > random website’s nameless CEOs any day. why dont you trust your own judgement instead of being dictated to by the media? obama is much less capitalist friendly than mccain, other opinions not withstanding