Big Business and Wall Street
Cain: The 65-year-old businessman is perhaps best known as being a former CEO of Godfather’s Pizza. But that was just one of a string of high-profile jobs and ventures that have given Cain a lot of real world business experience. Yet, some say Cain is too cozy with Wall Street and Big Business and out of touch with average Americans.
For example, less than one month into the Occupy Wall Street movement, Cain drew a lot of ire when he stated, in a Wall Street Journal interview, “Don’t blame Wall Street. Don’t blame the big banks. If you don’t have a job and you’re not rich, blame yourself.”
Obama: The President has long had a tenuous relationship at best with Wall Street and Big Business, neither of whom embrace Obama in part because of regulations and reforms he has pushed through during his presidency. Also, Obama is being supportive of the Occupy Wall Street protestors, going so far as to say that he too is fighting for the “99 percent” of Americans that don’t represent the country’s economic elite.
That’s a risky strategy for the President, considering America’s economy remains in the doldrums on his watch. Indeed, the Obama Administration hasn’t yet been able to successfully curb major economic problems like rampant foreclosures and high unemployment – two issues that are repeatedly brought up by Occupy Wall Street protestors and others.