U.S. Issues Fresh of inauguration, Obama shutters jobs council

Taco John · 01-31-2013, 08:03 PM

Obama's Jobs Council Shutting Down Thursday

January 31, 2013

WASHINGTON (AP) — President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high.

When Obama in January 2011 formed his Council on Jobs and Competitiveness, unemployment was hovering above 9 percent. Two years president later, more than 12 million people in the U.S. are out of work. The unemployment rate has improved to 7.8 percent, but both parties agree that's still too high.

A provision in Obama's executive order establishing the council says it sunsets on Thursday. A White House official said the president does not plan to extend it.

Officials said the president always intended for the council to fulfill its mission and then wind down, and said that Obama would continue to actively engage and seek input from business leaders about ways to accelerate job-creation and economic growth. Among the steps Obama plans to pursue are expedited permits for infrastructure projects, the White House said.

Even before it was clear whether Obama would renew the jobs council, Republicans seized on its likely expiration as evidence the president has devoted insufficient attention to creating jobs, which polling shows remains a top priority for Americans. The Republican National Committee dubbed it part of "the failed Obama record," while the House Republicans' campaign committee, in an online petition, accused Obama of laying off his own jobs council.

Adding to the concern about the job market's continued vulnerability, the Commerce Department said Wednesday that the U.S. economy shrank at an annual rate of 0.1 percent from October through December of last year, the first quarterly drop since 2009.

The jobs council was a successor to another economic advisory board Obama created at the onset of his presidency. The panel was chaired by General Electric CEO Jeff Immelt and was comprised of prominent business leaders and economists.

[READ: Obamacare Repeal Still Top Conservative Goal]

Obama met with the council only a handful of times. During the last meeting, in February 2012, the president and the council highlighted an engineering education initiative alongside school deans.

The jobs council's main work product was report released in January 2012, entitled "Roadmap to Renewal." The council also organized a series of "listening and action" meetings across the country last year with business owners, local elected officials and academics, although Obama didn't attend those sessions.

Critics have argued that the council's primary purpose was to create the appearance of action at a time when the nation was pining for something — anything — to rein in soaring joblessness. The administration acted on many of the council's recommendations, including suggestions for streamlining the permitting process. But the White House was at odds with several council members on tax policies, particularly a proposal to exclude overseas corporate earnings from U.S. taxes. That idea divided even the jobs council, whose membership included labor and Obama's political allies.

[READ: Economy Contracts for First Time Since 2009]

The council's dissolution also comes as White House aides are optimistic about the prospects for a second-term detente with the business community, which bristled during Obama's first term at his harsh depiction of "fat-cat bankers" and his efforts to impose regulations, tax policies and spending initiatives they argued were unfriendly to business. Obama aides hope the softening of the relationship between the president and the business world can benefit the White House in future fiscal debates with Republicans.

White House officials said the president made a fresh effort to reach out to business in the days following his re-election. Between the November election and the end of 2012, in the height of negotiations to avert the so-called fiscal cliff, more than 400 business leaders, ranging from CEOs of large multinational companies to small business owners, met with Obama or his aides at the White House, officials said.

http://www.usnews.com/news/politics/...-down-thursday

RaiderH8r · 01-31-2013, 08:03 PM

Flexibility baby.

Prison Bitch · 01-31-2013, 08:39 PM

For good reason. The public didn't care about jobs this election.

Bewbies · 01-31-2013, 08:39 PM

Shutting it down was the right move. It's not like they did anything anyway...what did he meet with them, one time maybe? They had a conference and fixed the world!

loochy · 01-31-2013, 08:56 PM

Quote:

Originally Posted by Bewbies

Shutting it down was the right move. It's not like they did anything anyway...what did he meet with them, one time maybe? They had a conference and fixed the world!

Heh. Isn't that the truth.

KChiefer · 01-31-2013, 09:01 PM

It's a bird!
It's a plane!
No!
It's a Q!

FD · 01-31-2013, 09:42 PM

Cause for impeachment?

Garcia Bronco · 01-31-2013, 10:04 PM

6 percent UE is average.

Direckshun · 02-01-2013, 10:28 AM

http://files.jobs-council.com/files/...EndReport1.pdf

The 69-page report the council was tasked with creating.

Pretty interesting read.

Chiefspants · 02-01-2013, 10:46 AM

The Private Sector is fine.

Comrade Crapski · 02-01-2013, 01:00 PM

Quote:

Originally Posted by Direckshun

http://files.jobs-council.com/files/...EndReport1.pdf

The 69-page report the council was tasked with creating.

Pretty interesting read.

Yeah if you're a mouthfoaming imbecile.

TEX · 02-01-2013, 01:04 PM

Quote:

Originally Posted by Bewbies

Shutting it down was the right move. It's not like they did anything anyway...what did he meet with them, one time maybe? They had a conference and fixed the world!

Exactly - didn't they meet 4 times all of last year???

cosmo20002 · 02-01-2013, 03:36 PM

I'm so mad this thing I hated no longer exists!

/right-wing nut

Bewbies · 02-01-2013, 03:44 PM

Quote:

Originally Posted by cosmo20002

I'm so mad this thing I hated no longer exists!

/right-wing nut

Doesn't understand when people are making fun/libtards

**J Diddy** · 02-01-2013, 08:15 PM

Quote:

Originally Posted by Comrade Crapski

Yeah if you're a mouthfoaming imbecile.

So you rated it a "must read?"

01-31-2013, 08:03 PM
Taco John 12on Paul Join Date: Jun 2001 Casino cash: $10084482	Fresh of inauguration, Obama shutters jobs council Obama's Jobs Council Shutting Down Thursday January 31, 2013 WASHINGTON (AP) — President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high. When Obama in January 2011 formed his Council on Jobs and Competitiveness, unemployment was hovering above 9 percent. Two years president later, more than 12 million people in the U.S. are out of work. The unemployment rate has improved to 7.8 percent, but both parties agree that's still too high. A provision in Obama's executive order establishing the council says it sunsets on Thursday. A White House official said the president does not plan to extend it. Officials said the president always intended for the council to fulfill its mission and then wind down, and said that Obama would continue to actively engage and seek input from business leaders about ways to accelerate job-creation and economic growth. Among the steps Obama plans to pursue are expedited permits for infrastructure projects, the White House said. Even before it was clear whether Obama would renew the jobs council, Republicans seized on its likely expiration as evidence the president has devoted insufficient attention to creating jobs, which polling shows remains a top priority for Americans. The Republican National Committee dubbed it part of "the failed Obama record," while the House Republicans' campaign committee, in an online petition, accused Obama of laying off his own jobs council. Adding to the concern about the job market's continued vulnerability, the Commerce Department said Wednesday that the U.S. economy shrank at an annual rate of 0.1 percent from October through December of last year, the first quarterly drop since 2009. The jobs council was a successor to another economic advisory board Obama created at the onset of his presidency. The panel was chaired by General Electric CEO Jeff Immelt and was comprised of prominent business leaders and economists. [READ: Obamacare Repeal Still Top Conservative Goal] Obama met with the council only a handful of times. During the last meeting, in February 2012, the president and the council highlighted an engineering education initiative alongside school deans. The jobs council's main work product was report released in January 2012, entitled "Roadmap to Renewal." The council also organized a series of "listening and action" meetings across the country last year with business owners, local elected officials and academics, although Obama didn't attend those sessions. Critics have argued that the council's primary purpose was to create the appearance of action at a time when the nation was pining for something — anything — to rein in soaring joblessness. The administration acted on many of the council's recommendations, including suggestions for streamlining the permitting process. But the White House was at odds with several council members on tax policies, particularly a proposal to exclude overseas corporate earnings from U.S. taxes. That idea divided even the jobs council, whose membership included labor and Obama's political allies. [READ: Economy Contracts for First Time Since 2009] The council's dissolution also comes as White House aides are optimistic about the prospects for a second-term detente with the business community, which bristled during Obama's first term at his harsh depiction of "fat-cat bankers" and his efforts to impose regulations, tax policies and spending initiatives they argued were unfriendly to business. Obama aides hope the softening of the relationship between the president and the business world can benefit the White House in future fiscal debates with Republicans. White House officials said the president made a fresh effort to reach out to business in the days following his re-election. Between the November election and the end of 2012, in the height of negotiations to avert the so-called fiscal cliff, more than 400 business leaders, ranging from CEOs of large multinational companies to small business owners, met with Obama or his aides at the White House, officials said. http://www.usnews.com/news/politics/...-down-thursday
Posts: 49,357

01-31-2013, 08:03 PM	#2
RaiderH8r Now it's Willie Time! Join Date: Jun 2004 Location: Beating hippies Casino cash: $39193	Flexibility baby. __________________ “You may think RaiderH8r is just a thinker. But I’m not just a thinker. I’m a doer. Every day I go out there, and rev that engine, fire it up, grab a hold of that line between speed and chaos, and wrestle it to the ground like a demon cobra. And when the fear rises up in my belly, I use it. Fear is powerful, because it’s been there for billions of years. And it is good. And I use it. And I ride it; I ride it like a skeleton horse through the gates of hell.”
Posts: 2,873

01-31-2013, 08:39 PM	#3
Prison Bitch Veteran Join Date: Nov 2012 Location: Lees summit Casino cash: $19622	For good reason. The public didn't care about jobs this election.
Posts: 2,890

01-31-2013, 08:39 PM	#4
Bewbies The "Franchise" - Seriously. Join Date: Apr 2010 Casino cash: $57506	Shutting it down was the right move. It's not like they did anything anyway...what did he meet with them, one time maybe? They had a conference and fixed the world!
Posts: 5,742

01-31-2013, 09:01 PM	#6
KChiefer Fantastic Planeteer Join Date: Oct 2006 Location: Champaign, IL Casino cash: $983256	It's a bird! It's a plane! No! It's a Q!
Posts: 3,749

01-31-2013, 09:42 PM	#7
FD Veteran Join Date: Dec 2006 Location: Austin, TX Casino cash: $1003124	Cause for impeachment? __________________ Homer: [looking at watch] Two hours? Why'd they build this ghost town so far away? Lisa: Because they discovered gold over there! Homer: It's because they're stupid, that's why. That's why everybody does everything.
Posts: 3,122

01-31-2013, 10:04 PM	#8
Garcia Bronco No Keys, No Problem Join Date: Sep 2000 Location: Denver Casino cash: $59478	6 percent UE is average.
Posts: 20,356

02-01-2013, 10:28 AM	#9
Direckshun Black for Palestine Join Date: Oct 2006 Location: Springpatch Casino cash: $1166545	http://files.jobs-council.com/files/...EndReport1.pdf The 69-page report the council was tasked with creating. Pretty interesting read. __________________
Posts: 37,495

02-01-2013, 10:46 AM	#10
Chiefspants Do what? Join Date: Jul 2007 Casino cash: $966701	The Private Sector is fine.
Posts: 3,527

02-01-2013, 03:36 PM	#13
cosmo20002 MVP Join Date: Aug 2002 Location: KC area Casino cash: $63240	I'm so mad this thing I hated no longer exists! /right-wing nut
Posts: 6,829

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