The Wall Street Journal asked its CEO Council, a group of chief executives who meet annually, to comment on President Barack Obama's State of the Union address. Specifically, we asked whether the Tuesday night speech left them more or less positive about 2016 U.S. business prospects, and why. The following are some edited responses:

Doug Peterson, chief executive of McGraw Hill Financial: "I remain positive after the president's address about Washington's resolve to confront our country's major challenges.

Success will require U.S. companies to provide leadership and work with government, including Congress, to develop new approaches to investing in infrastructure, creating competitive tax systems, growing transparent markets, and educating investors to create enduring economic growth in a competitive global environment.

I also share the president's confidence in the U.S. as 'the strongest, most durable economy in the world' that will create technology, data and innovation for sustained economic growth that improves the lives of all Americans."

Deanna Mulligan, CEO and president of the Guardian Life Insurance Company of America: "I share the president's positive outlook about business prospects for our country...Last night, the president acknowledged the need to create opportunities for life-long education and training to help ensure young people and heads of households have the tools and training they need to get a job, sustain employment, provide for their families and contribute to our economy.

In addition to job creation and training, we should provide the financial empowerment and education necessary for families to thrive for generations to come."

Martin Richenhagen, CEO of agricultural equipment manufacturer AGCO Corp.: "This address was really looking forward and indeed one of the best addresses of President Obama...He really focused on what makes America strong: Being open, innovative and always believing in the strength of American people.

At the end of his term, the U.S. economy is slowly recovering, although [Mr.] Obama did not realize several of his plans, especially those to boost the economy. The president's optimism about the future of America should now be taken by his successor and turned into real action."

Todd Stevens, president and CEO of California Resources Corporation: "I agree with the president that peace and prosperity is within our reach, and we have big choices ahead. As the president said, we can be optimistic about our country's future because of our shared values to secure 'opportunity and security for our families; a rising standard of living and a sustainable, peaceful planet for our kids.' "

Anthony R. Tersigni, president and CEO of health-care system

Ascension: "While we have made some progress as a nation toward the goal of 100% [health-care] access and 100% coverage for all, the president and Congress need to continue to dialogue about ways to more effectively and efficiently address the health and wellness needs of all Americans--particularly those in poverty who are struggling the most."

 

(END) Dow Jones Newswires

January 13, 2016 16:23 ET (21:23 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Grafico Azioni Mcgraw Hill (NYSE:MHP)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Mcgraw Hill
Grafico Azioni Mcgraw Hill (NYSE:MHP)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Mcgraw Hill