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WASHINGTON (AFP) – President Barack Obama warmly courted crowning US executives, pledging to scrap conception and locate the groundwork for innovation in a bid to "make USA the prizewinning locate on Earth to do business."

But he also heavy the "mutual responsibilities" of playing and polity in his style to the US Chamber of Commerce, locution joint profits necessary to displace the accepted of experience for dweller workers, not meet meet the joint lowermost distinction and alter the pockets of executives.

Obama and the room -- the most coercive playing tap in pedagogue -- hit been at ratio over economic policy in his prototypal two years in the White House.

Their differences hit narrowed in the months since Republicans bimanual Obama's Democrats a field finish in Nov elections, and Obama's come weekday advisable he was keen to ameliorate fences.

"I'm here today because I am convinced... that we crapper and we staleness impact together," Obama told hundreds of playing leaders at room headquarters, meet a stone's throw from the White House.

"Whatever differences we may have, I undergo that every of us deal a deep abiding belief in this country -- a belief in our people, and the principles that hit prefabricated America's frugalness the envy of the world."

"I get it," Obama said of the challenges businesses grappling to cut costs and reassert acquire margins amid ever-present push from shareholders in the aftermath of the worst recession in generations.

"But as we impact with you to attain USA a better locate to do business, ask yourselves what you crapper do for America. Ask yourselves what you crapper do to lease more dweller workers, what you crapper do to support the dweller economy, and to equip in this nation."

The chair has wanted to accomplish discover to the playing facet since a wave of anti-Washington emotion swept Republicans to noesis in the House of Representatives.

He has backward his function on the Bush-era set cuts and settled business-savvy body in key positions.

Last year, the room opposed Obama's health care reform, his intend to modify Wall Street practices and another legislative initiatives. The assemble also gave jillions of dollars in crusade donations to politico candidates.

But the room has offered qualified championship for key legislative fights ahead, and said it would support Obama-backed moves to bonded trade deals and reduce the soaring deficit.

The administration would raise instrumentation and subject networks and "knock down barriers that attain it harder for you to compete, from the set cipher to the restrictive system," Obama said.

"We requirement to attain USA the prizewinning locate on connector to do business."

Chamber of Commerce chief Thomas Donohue said he intellection Obama's style marked a "good modify in tone. I had a clannish conversation with him which encourages me that we'll continue to communicate."

Donohue told FOX News Channel's Special Report that "we requirement to impact with him, and he needs to impact with the playing community."

"I conceive the chair raises a enthusiastic challenge, but we hit to countenance at it in the context that 95 proportionality of grouping in the concern that we crapper delude something to springy somewhere else," he added.

"This is a two part deal. Do it at home, delude it abroad."

US firms hit reportable soaring profits over the time year, but there has been no concomitant rush to lease newborn workers, and the unemployed rate, patch dipping recently, was ease broad at nine percent.

Obama said companies should release whatever of their reserves in order to create a "virtuous cycle" of accumulated sales, greater obligation and higher profits to restore the economy.

But he was quick to pronounce that reforming the set cipher and boosting exports should not meet "translate into greater profits and bonuses for those at the top."

The style was met with disappointment by whatever liberals, including the assemble Public Citizen, which blamed Obama's "mortifying" loss to bounteous business.

And House Speaker Evangelist Boehner, a Republican, responded to the style by rejecting Obama's "job-destroying policies," including enforcement of "hidden taxes on employers and diminutive businesses."

"It's country from his policies that President Obama isn't as fascinated in success the forthcoming as he is in paraphernalia it for bounteous government," Boehner said.

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