Tuesday, May 04, 2010

Another CEO Dumps On Obama

I have pointed out the several times that Warren Buffett has repudiated Barack Obama's economic policy and leadership (in his typically mid-western restrained and constructive way). Jim Owens, CEO of Caterpillar, early Obama supporter, and another classy guy (most CEOs are classy folks, contrary to the media depiction of them) like Buffett, comes out and repudiates Obama's economic policy in the pages of the WSJ. It is not aggressive or confrontational, but Owens pretty much says we should not be doing what this administration is doing and we should be doing what this administration is not doing. Just one example, Owens's bullet point on healthcare obliquely says what we just did on healthcare wasn't the way to go. Perhaps cynically using Caterpillar to sell the crappy stimulus to America squandered what goodwill he had with Owens. I guess they don't teach how to maintain goodwill at Harvard.

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