« Stocks See Only Modest Gains Monday; Gas Prices Still Falling | Main | Mortgage Delinquencies Rise, Foreclosure Rate Down »

Obama Calls Warren Buffett, Ford's Alan Mulally to Talk About Economy

Pete Souza/The White House(WASHINGTON) -- Preparing for a new jobs program to be unveiled after Labor Day, President Obama called the “Oracle of Omaha,” a.k.a. Warren Buffett, on Monday to talk about the recent gyrations of the stock market, the overall outlook for the economy, and possible measures to spur the economy. But that’s not all, according to White House principal deputy press secretary Josh Earnest.

The president also called the head of the Ford Motor Company, Alan Mulally. The president wanted to know if the supply chain problems caused by the Japanese tsunami have moderated. He also asked the Ford chief about how to extend exports.

Undoubtedly, the president told Mulally that he’s coming to Detroit to spend Labor Day (Sept. 5) with workers. The White House formally announced the trip Monday.

The president also spent some time with one of his economic advisers, Brian Deese, working on that new jobs program. Still no date for the big speech after Labor Day.

Copyright 2011 ABC News Radio

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

ABC News Radio