CFOs Give Obama's Healthcare Plan: Thumbs Down


	CFOs Give Obama's Healthcare Plan: Thumbs Down

Victoria Barret

3-4-2009 4:47 PM

536 views

tags:

stimulus, universal health care, cfos, economic recovery

Victoria Barret says:

We're spending hundreds of billions to take our economy into recovery. Yet businesses don't seem to see the pay-off.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f3e13802-8470-4c39-b5e2-82b204066ec8/92711555-DEC3-4B6F-8C68-7A7C7F6B0853/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/economics/2009/03/04/cfos-see-recession-lasting-14-more-months/" href="http://blogs.wsj.com/economics/2009/03/04/cfos-see-recession-lasting-14-more-months/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2009/03/04/cfos-see-recession-lasting-14-more-months/"><P>Chief financial officers at U.S. companies expect the recession to persist for another 14 months as they expressed record pessimism and anticipate weaker results this year, according to a quarterly survey released Wednesday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2009/03/04/cfos-see-recession-lasting-14-more-months/"><P>Finally, 53% of CFOs say their companies would be worse off with a national health care system, compared to only 19% who say their businesses would be better off. <EM>–Mike Barris</EM></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2009/03/04/cfos-see-recession-lasting-14-more-months/"><P>The latest results of the <STRONG>Duke University/CFO Magazine Global Business Outlook </STRONG>are especially gloomy, with more than two-thirds of the respondents saying they felt “more pessimistic” about the economy during the last quarter.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/92711555-DEC3-4B6F-8C68-7A7C7F6B0853/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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