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Although he's optimistic about the outlook for the U.S., Deloitte CEO Joe Echevarria says many...

  • Friday, July 6, 2012, 7:30 PM ET
    Although he's optimistic about the outlook for the U.S., Deloitte CEO Joe Echevarria says many other top executives are not. Global economic turmoil coupled with stalemate in Washington have created a crisis of confidence in business leaders that makes it difficult to move forward. Washington is going to have to move away from stalemate, eliminate uncertainty, deal with regulation and create some certainty so business can invest and lend. (video)
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This news story has 7 comments:

  •  
    If that "certainty" is created by liberals, businesses will relish the "good old days" of uncertainty.
    6 Jul 2012, 09:08 PM Reply Like
  •  
    Guys, you gave the liberal lefties 2 years of unfettered access to the federal cookie jar and all the laws they could dream up. And you got nothing but Solyndra, Solar 1, Tax rich Healthcare you can't afford, and a Debt the size of Texas.
    Then you gave America only a conservative house and you got grid-lock.
    If neither worked, then vote out the liberal Tax n Spenders completely and give the conservative 2 years to deliver what they are promising. I mean, how hard is that to figure out? Repeating the same mistakes over and over again? Not real smart...
    7 Jul 2012, 08:41 AM Reply Like
  •  
    Dumping all GOP incumbents would be a good start. When they manage to offend S&P,,,,
    6 Jul 2012, 11:44 PM Reply Like
  •  
    This comment precisely indicates why accountants shouldn't run companies because to their anal minds, everything has the same urgency when in reality, there are weighted priorities.

    Goog, MS, INTL, AMD and ARM for example in their own ways are obsessing about mobile. LMT should be obsessing on the F-35 program and why it's overbudget and behind schedule. Big drug companies are trying to find the next Lipitor. FB on how to cash in on essentially their user app. Etc. Etc. The only companies that are obsessing about uncertainty/deadlock in Washington are defense companies and their suppliers, because they will have to right size head counts and product offerings,

    Sometimes it's not all about DC.
    6 Jul 2012, 11:50 PM Reply Like
  •  
    Honestly, it is pretty cute that someone could think that Washington could unilaterally alter lending risk.

    For a financial sector CEO, I would give Mr. Echvarria a 0 in credit understanding.
    7 Jul 2012, 03:10 AM Reply Like
  •  
    Obama must go. We need a business leader, not a political rights leader. We have so many rights in this country , at the expense of all other priorities, that we are now impotent.
    7 Jul 2012, 11:29 AM Reply Like
  •  
    We had a CEO as President before, along with another one as VP.....Bush/Cheney....... didn't work out so well....but we did get a tax cut which certainly helped out with the budget deficit.
    7 Jul 2012, 10:11 PM Reply Like
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