The Oregonian has the news today, “Intel and Obama embrace in Hillsboro today over shared priorities“:
President Barack Obama and Intel Chief Executive Paul Otellini share a stage for the first time today when the president arrives in Hillsboro to tout the chip maker’s education initiatives and investment in domestic manufacturing.
After a difficult courtship, the Democratic president and Republican CEO have found common ground on innovation and education. Obama this morning will appoint Otellini to the President’s Council on Jobs and Competitiveness, adding a top-tier name from the tech industry to a new group charged with boosting U.S. economic performance.
The appointment, and today’s meeting in Hillsboro, is the fruit of more assertive lobbying by the high-tech industry and Obama’s need to display closer ties to business.
News reports highlight critical comments Otellini has made about the Administration’s economic policies, views that represent many of those in manufacturing.
From The Hill, “White House reaches out to Intel critic who blasted job policies“:
Asked during an interview in August what advice he would give the president on jobs, Otellini said:
“The most important thing the current administration can do is remove the number of variables out there. There are so many things where business leaders can’t predict what’s going to happen. Businesses don’t like uncertainty. When you start reducing the variables and putting predictability into the system, you can now make informed decisions.”
The President’s Council is chaired by Jeffrey Immelt of General Electric, and Otellini becomes the second person named to the panel. We trust that the President’s upcoming appointments will include more manufacturers and representatives from small business.
- Los Angeles Times, “Obama to name Intel CEO Otellini to jobs panel“
- CNN (blog) “Obama names Otellini to advisory council“
- The Associated Press, “Intel chief to join White House council on jobs“