Topic of Obama’s next Summit: How to save the President’s job
The Obama Administration has been in a veritable panic ever since unemployment rose beyond 10 percent. Last week Obama hosted a “Jobs Summit” at which members of business, labor, and academia converged to brainstorm about ways to create jobs. Tangent: The reason Obama needs to have all these people from the real world come and tell him how to create jobs is because neither he | Read More »
Another Reason Stimulus II Will Miserably Fail.
The ongoing marketing effort known as The Obama Presidency held a Jobs Summit yesterday. Unemployment appears to have dropped from 10.2% to 10.0%. Congratulations, Mr. President! Keep your calendar open, Sir. If you were to hold future job summits from 1 to 20 January 2010, unemployment would definitely reach 0%! Not having taken my stats classes at East Anglia University, I’ll admit my analysis above | Read More »
To Create Jobs, First Do No Harm
The unemployment numbers for November were just released and Wall Street is chearing that only 11,000 Americans lost their jobs. The news media will no doubt be trumpeting the success of President Obama’s job summit. I can just see a gleeful Brian Williams informing America that “only one day after his job summit President Obama has turned the economy around”. The sad truth is that | Read More »
The Naked Emperor: A Bold Businessman Ignored at a Faux Summit
As talk turned to such stupid ideas as “cash for caulkers” at yesterday’s two hour and 15 minute photo op “jobs summit,” at least one businessman in attendance had the fortitude to answer the President’s question on why jobs aren’t being created: Mr. Obama told the chief executives that he wanted to know: “What’s holding back business investment and how we can increase confidence and | Read More »
The SEIU & Obama’s ‘Jobs Summit': How much influence will the Queen of Labor have?
Behind every man, there is a woman… Behind every king, there is a queen… Behind SEIU boss Andy Stern, there is Anna Burger. Who is Anna Burger? She’s the less public face of the Union of Purple People Eaters (aka the Service Employees International Union). But her less-public profile should not fool you. She is as every bit as powerful (and perhaps moreso) than her | Read More »
Will Union Bosses Use Obama’s Job Summit to Push Job-Destroying Legislation?
With unemployment reaching 10.2% and likely to rise over the coming year, the Obama administration is getting desperate to show that it can reverse the rising unemployment and the President’s falling poll numbers. As Politico notes: It’s one of the oldest tricks in the presidential playbook: when you want to focus attention on an issue, hold a meeting and call it a “summit.” President Barack | Read More »
The president says he’s creating jobs. I’m skeptical. I guess there are some things government can do to ensure that jobs get created, out there in the bill-paying, profit-making world. But these do not include spending trillions of borrowed money. And neither do they include simply giving more money to state and local governments. The truth about Obama’s much-ballyhooed job creation is that more than | Read More »