Obama meets with leaders from the Economic Advisory Board

Mike Duke, CEO of Wal-Mart Stores Inc., and former Procter & Gamble Co. CEO Alan Lafley came to the White House on Monday at the invitation of the President to discuss the economy.

The White House spokesman, Robert Gibbs, said the meetings were part of a series of meetings of the Presidents plans company leaders. In July, the President met with Warren Buffett to discuss the economy and stepped up efforts to attract comments from the industry since the mid-term elections. In October, Steve Jobs visited the President to discuss the policy.

Wal-Mart, the largest U.S. private employer, with 1.4 million domestic workers, is sad proof of the deteriorating state of the U.S. economy. As more and more to low profits, low-wage jobs in retail, rather than the positions of the high manufacturing quality, will decrease our standard of living.

"Get use knowledge and ideas of those who has a lot of importance for economic decision-making, the president and the team have to do," said Gibbs.

At a meeting with entrepreneurs is important for the economy, the President must take into account consideration of other aspects of the economy. In addition, President Obama, given the appointment of a Corporate Executive Board a senior position as part of this last effort.

With financial executives with the various key positions in the Treasury Department, and the consideration of the Corporate Executive management has equipped, with production once again forced to take a back seat to other interests. Officials do not yet know that the production is a cornerstone of the ever-worsening economy, which must be addressed.

Many believe that the meetings are on calming financial officials that the president is to do away with his criticism of the banking system and its efforts to tax exemptions aimed angry.

In other meetings, which is not yet been announced, and to speak the President an invitation to the test before the American Chamber of Commerce, expects that good use of these opportunities for trade policy make a positive push to the domestic industry. Taking into account not completely lost the image and the possibility for producers to support.