Why Obama Is Right to Woo Business

It's not because business has good advice for him on economy policy. Some of its advice might be good, but most of it will take the self-seeking form of "please subsidize me in the following ways", and be bad. Cordial relations with business are desirable mainly because the country does not want to see its president at war with its CEOs. In other words, better relations with business are needed to restore the president's popularity; the more popular he is, the more he can get his way with Congress.

So I argue in this column for the FT.

Presented by

Why Principals Matter

Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

Video

What Fifty Shades Left Out

A straightforward guide to BDSM

More in Politics

Just In