Cook, Obama Discuss Economic Challenges
Over the weekend, Apple CEO Tim Cook was contacted by President Barack Obama as the executive branch picks the brains of the business community. It's all part of the Federal Government's effort to avoid going over the so-called ominous "fiscal cliff."
The White House is calling these talks part of an aggressive "outreach on the need to find a balanced deficit-reduction solution that protects the middle class and continues to move our economy forward."
The CEOs confirmed to have been in contact with POTUS, in addition to Tim Cook, were Jamie Dimon of JPMorgan Chase, Jim McNerney of Boeing, and Craig Jelinek of Costco. As of this writing, it isn't clear exactly what was discussed or what advice Cook and the others may have given the president and his team.
In hindsight, this latest round of talks with corporate giants is nothing new for this Administration and the present Congress. Earlier this year, Tim Cook had a one-on-one with Rep. John Boehner, Speaker of the U.S. House of Representatives. All told, Cook remains on the "short list" of leaders that the White House and Congress routinely turn to for counsel in times of economic uncertainty.