The president’s top economist, Jason Furman, at a Monitor-hosted breakfast, also offered an upbeat assessment for the US economy in 2014 and for passage of a debt-ceiling increase.
President Obama’s use of executive action to get around congressional gridlock is unparalleled in modern times, some scholars say. But to liberal activists, he’s not going far enough.
But US military aid for Iraq should be contingent on evidence that Prime Minister Nouri al-Maliki is reaching out to Sunnis, says former Defense Secretary Robert Gates. Iraq's government is lately battling attacks from Al Qaeda-linked insurgents.
Top strategy for stimulating the economy is to cut the tax rate for businesses, says AT&T chief Randall Stephenson, who joined Business Roundtable president John Engler at a recent Monitor Breakfast. An invigorated economy would help narrow the rich-poor gap, he adds.
Meeting with reporters Friday, former Defense Secretary Robert Gates said the US accomplished what it intended to in Iraq, but thinks it could push the leadership to do a better job governing the Sunnis.
AT&T's Randall Stephenson, chairman of the Business Roundtable, said US economic growth has been 'substandard,' and could be much higher. He called for tax reform and immigration reform to help drive investment.