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Politics : President Barack Obama

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From: Sr K10/31/2011 11:39:14 AM
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INFORMATION AGE | OCTOBER 31, 2011

Steve Jobs's Advice for Obama

Apple's founder on Obama: "The president is very smart, but he kept explaining to us reasons why things can't get done. It infuriates me."

'You're headed for a one-term presidency," Steve Jobs told President Obama at the beginning of a one-on-one session the president requested early last year. As described in the authorized biography by Walter Isaacson, Apple's founder said regulations had created too many burdens on the economy.

Jobs was an Obama supporter, but his just-disclosed comments are typical of a new frustration with Washington among Silicon Valley executives. Their high-tech companies are supposed to be the country's engine for growth, but the federal government is gumming up the works.

Mr. Isaacson reports that Jobs offered to Mr. Obama to "put together a group of six or seven CEOs who could really explain the innovation challenges facing America." But after White House aides got involved with planning the dinner, it became unwieldy and Jobs pulled out.

[more]

online.wsj.com
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