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Obama: Entrepreneurs have ability to 'transform the world'

Original post made on Jun 24, 2016

President Barack Obama addressed an international crowd and emphasized the importance of entrepreneurship during the Global Entrepreneurship Summit at Stanford University Friday morning.

Read the full story here Web Link posted Friday, June 24, 2016, 1:46 PM

Comments (11)

Posted by Hopenchange
a resident of Professorville
on Jun 24, 2016 at 2:13 pm

"Entrepreneurs have the ability to transform the world," said the man who tax, healthcare, and regulatory policies have made it significantly more difficult for small business people to start and grow businesses.

[Post removed.]



Posted by Old Palo Altan
a resident of Old Palo Alto
on Jun 24, 2016 at 2:40 pm

[Post removed.]


Posted by Old Steve
a resident of St. Claire Gardens
on Jun 24, 2016 at 5:06 pm

Our President was elected twice by fairly wide margins over older opponents with more "experience". Calling him out as a fraud, particularly while he is visiting, presumes somebody else would have grown our economy better. Perhaps you would have preferred his predecessor continue to lose 800,000 jobs a month. Neither Presidents nor business owners actually create jobs. Business owners hire in response to increased demand for goods or services. We should all care that aggregate demand continues to grow, and worry much less about who gets the credit or the blame.


Posted by Curmudgeon
a resident of Downtown North
on Jun 24, 2016 at 5:30 pm

Curmudgeon is a registered user.

"Obama, the community organizer,..."

Where've you been these last dozen years? Last I looked, he was in his seventh year as POTUS, having defeated constant Republican efforts to thwart jobs creation.


Posted by Richard Folker
a resident of Palo Alto Hills
on Jun 24, 2016 at 5:56 pm

We love you Obama!


Posted by deleted
a resident of Midtown
on Jun 24, 2016 at 8:11 pm

But you didn't build it.


Posted by mauricio
a resident of Embarcadero Oaks/Leland
on Jun 25, 2016 at 6:13 am

mauricio is a registered user.

That community organizer was handed an economy on a free fall, shedding 800,000 private sector jobs a month and collapsing financial markets. Look at it now. He gets an A plus in my book.


Posted by oiciruam
a resident of Embarcadero Oaks/Leland
on Jun 25, 2016 at 7:26 am

I feel the opposite of Mauricio.

Peace and leave, everyone.


Posted by mauricio
a resident of Embarcadero Oaks/Leland
on Jun 25, 2016 at 2:55 pm

[Portion removed.] A collapsing economy, tumbling financial markets, losing nearly a million private sector jobs per month and a bankrupted auto industry is preferable to years of positive job gains, much higher stock market and guaranteed health care coverage for all, as long as the occupant of the Oval Office isn't a Democrat.


Posted by Curmudgeon
a resident of Downtown North
on Jun 25, 2016 at 4:56 pm

"as long as the occupant of the Oval Office isn't a Democrat."

Face the elephant in this room: "as long as the occupant of the Oval Office isn't a black Democrat." The country is finally admitting that.

Hillary will have a similarly tough time in no small part because she is a woman. The Repubs have already signaled their intentions by breaking several of their swords against her as First Lady. Her husband had a tough enough time with House Republicans, so look out when Hillary moves into the Oval Office.

I wonder how the Birthers plan to spin her birth records.


Posted by George
a resident of Crescent Park
on Jun 25, 2016 at 5:34 pm

The term "entrepreneur" used to actually mean something. Lately, it's been hijacked, and reduced to nearly a meaningless joke by nearly anyone with a website and the self proclaimed title of CEO. Further, much of the wealth they might claim to have "created" is a result of venture companies throwing money out into the wind and hoping something sticks. It's a one in a billion dollar payday if the venture firm guess correctly, and clearly a few have been very lucky. Many times, the venture money is simply squandered on little more than enriching said "entrepreneur" and entourage, and little value for anyone else is evident.


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