Obama: Against Business?

Dear readers,

I have read in The Economist an article concerning Obama’s business thinking.

The journalist explains here that Obama doesn’t react as he should do in terms of business.

For example, the president of United States doesn’t communicate with any chief executive in order to improve the situation and find solutions together. Obama is view in this article as an ignorant president about business. The journalist explains that his attitude can be dangerous for a lot of investments in business and that it can be a serious problem for United States economy.

The Economist compares, in this article, Obama and Bill Clinton in their business strategy. The journalist describes Obama as an “anti-business figure” because he couldn’t comfortably talk the talk in business in spite of Bill Clinton who was active in the business area when he was president of United States.

Nevertheless, the journalist admits that Obama had done important things for his country as health care (new health care system) and Wall Street (restructuration plan).

I have seen on a live debate (Is Barack Obama good for business?) that 60% of people voting say “yes”.

I think that this article is a little bit too strict with Obama because he did a lot of things for a country, which was in a bad economic situation. For example, as we seen, when GM went bankrupt the government had found solutions. We also know that the president is not alone to manage the economic area of United States, a lot of people help him as Timothy Geithner (economy minister).

I think that the main problem here is that American investors believe Obama is against business. The article explains that three quarters of American investors think this. This situation can reduce the American business activity because investors don’t completely believe in their country business competences.

To conclude, it is time for Americans to create sustainable growth and restore American competitiveness in global markets.

Regards,

Pauline


Sources:
- http://www.economist.com/
-  http://kudlowsmoneypolitics.blogspot.com/2010/07/business-knows-more-than-obama.html

Apple negotiates the creation of one numeric kiosk with American editors

Another Apple innovation! I have read in the French economic newspaper “les Echos” that Apple proposes now to their consumers a new service in relation with the I-Pad.

According to Bloomberg, a digital kiosk will be on service in two months. It will facilitate the application access for the I-Pad.

It will propose to consumers reading a magazine or newspaper online. It will be similar to the application Ibook but to use it you have to pay a subscription each month.

We can see here that Apple really wants to dominate its consumer and what he can do with his Apple product.

Apple always succeeds with all its innovations because the brand provides security and simplicity.

As we know, the new target group for all electronic products is elder people (aged 60-80). This target group wants to use computers or products like the ipad but they are mainly looking for simple things to use. Apple recognized the demand, and I am sure they will succeed with this new service.

But nothing is done yet…

Actually, there is a main problem, Apple wants 30% of the profit (as with videogames and music applications) but editors disagree with that.

Now we have to be careful and see if this new digital kiosk will be available in two months…  

Regards,

Pauline


Sources:

- www.apple.com
- www.lesechos.fr

Welcome to my blog!

Hello everyone,

Nowadays, it exists a lot of communications media and people interprets it as they want. An information can evoluate according news paper.
Thank's to this blog, I will present you some events that I juge interesting and I will give my opinion about them. It name is "The business diary" because all datas in this blog will concern recent business and financial events.


I hope you will enjoy it!

Pauline Lagarde