As we reported earlier, President George W. Bush is in New York today, speaking to Wall Street about a number of the domestic initiatives he emphasized during his State of the Union speech. The president’s remarks showed an awareness of the political reality of a Democratic Congress, but he pushed his own agenda nonetheless. Liz Claman hosted a roundtable reaction on “Morning Call.”
CNBC’s John Harwood paid particular attention to Bush’s attempts to incorporate key Democratic issues into his speeches, specifically income inequality and executive compensation. Of course, the president has his own take on those issues. He says that education is the best way to address income disparities, and his No Child Left Behind legislation is the best way to improve education in the U.S. And instead of governmental regulation on CEO pay, Bush called for more transparency and greater corporate responsibility.