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Are Business Leaders Favoring Romney?

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    Consumer Electronics Association CEO Gary Shapiro on his challenge to find small business owners that support Obama because of his business policies.

  • Duration 5:09
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The gadget guys says the president is short circuiting the head of the Consumer Electronics Association saying members alike the president back in 2008.

While they don't really flip over and today because the economy is a mess right now -- Gary Shapiro is challenging.

This is still like the president just -- on why I guess that the problem you're discovering Gary is they're not get back to.

Well you know four years ago we -- a straw poll of our members and they did support Obama about sixty.

Forty over McCain didn't realize that surprise as they did and why why why did date and I -- well.

Course but it wasn't right you know there are different reasons first of all there's still a number of the support Obama purely for social reasons there's no question is of the division and our culture and social issues and there's a division in the business community.

But others were voting for history.

And it was an emotional issue is -- similar to go to my -- my heart rather than my head.

But others are just lifelong Democrats.

And they're switching but generally I'm trying to identify.

Any business owner anyone who -- imperil any CEO.

Who is actually supporting President Obama on business reasons because they think he's good for the community I think -- response trying.

Inviting an iota I don't know what a game what -- -- I wrote -- Forbes commentary last week lot of views.

Not one person has responded saying -- a business owner and I support President Obama Obama for business reasons.

It is actually shocking to -- -- when you write something like that and get a lot of people -- that you expect people to come forward.

But I can only conclude at this point that there are very few if any.

Business owners supporting president Obama's reelection for economic reasons it has to do with social issues so you do hear from Obama supporters but not -- -- reasons for.

Some of the other reasons you alluded.

Well I have a written a number of things over the last year about it and I have exactly I've 2000 corporate members.

And at this point I have had exactly one member individual consultant contact me installation is upset -- supporting President Obama for social reasons.

I would come out of the closet for our governor Romney he has everything we want in -- sticker -- is fantastic.

Well and happy it's -- -- association members would feel now I mean it was 6040 for the president for years ago.

How would -- -- among your members now.

-- at least 7030.

Look most technology executives have worked their way up because -- engineers there IT people -- and they're nerds their data driven.

And the dated this -- is saying look it's not working what President Obama did -- -- Saturday thirty Romney now.

Oh yes at least one not a -- at the CEO level I'm not saying you know and he's been worked for these companies in Silicon Valley but at the CEO level the people that are that are making the decisions -- -- votes and they're sitting around our board tables.

They are clearly in favor of governor Romney.

No question for some here's a look they've been demonized.

Obama has run away from free trade the rest of the world is furiously entering treated trade agreements and Obama's done nothing.

Liquid is done with the -- the union issues card check Boeing NLRB he's attacked one of our great members are CEO Henry just which have Gibson he basically shut down that factory for no good cause.

He's demonize the best companies in America whether it's.

Google Microsoft Qualcomm Intel.

-- after all of them no other country in the world would go after their best companies.

So there's nothing really good for the business community that he has done in the technology industry especially.

So these are data driven techno geek type people and when you get somewhere like.

Ryan -- Romney out there who are basically looking at hard numbers and saying we have a financial problem here let's address -- -- solve the problem these guys are solved problem solvers.

And -- so we have on the Republican ticket and that's -- I think to be a lot of support for them.

OK well let's survives and you're you're entitled -- that I I I don't wanna get a sense is of that we're -- of electronics and this is a highly.

Anticipated fall with the new iPhone and maybe other gadgets -- about.

And maybe that could presage a good -- buying season it's not a little lifted the back to school shopping season.

On that could be the wind at your members -- in May -- for that matter Barack Obama's equity thing.

Well certainly -- consumer electronics including services in web sites and Internet has really been pulling the economy along for a few years and we have a lot of great things coming on in the works it's gonna be a strong holiday seeding season.

It does however the overhang of the election it has the overhang of this you know physical cliff that we're talking about we do have some concern about that.

We made a decision several years ago that the most important thing for our industry is the health of the US economy not in the short term but in the long term but you are right.

Certainly we could have a good fourth caller I'll tell you one thing.

The jobs picture -- trader on the day after Romney's elected president people are gonna start hiring is a lot of cast parked a lot of business executives.

Not sure what to do with the wrong election and what -- -- is certainty in Texas and Bogle sees it the -- problems solved they were feel like they're under the threat and we'll start hiring again.

Hope springs eternal aren't Gary Shapiro very good having.

That journalists -- -- --