Obama's Jobs Council Comprises Job-Cutting Executives

By:  Brian Koenig
10/11/2011
       
Obama's Jobs Council Comprises Job-Cutting Executives

President Obama is traveling to Pittsburgh on Tuesday (October 11) to discuss with prominent American business leaders the lingering economic barrier of high unemployment. The gathering will consist of members of the President’s Council on Jobs and Competitiveness (Jobs Council), which was established in January to "provide non-partisan advice to the President on continuing to strengthen the Nation’s economy and ensure competitiveness of the United States and on ways to create jobs, opportunity, and prosperity for the American people."

The Jobs Council comprises 27 Obama-appointed business leaders from primarily corporate entities outside the federal government who are responsible for advising the President "on how the Federal Government can best foster growth, competitiveness, innovation, and job creation." The council includes executives from American Express, Boeing, and Citigroup, and is chaired by Obama’s corporate cohort, CEO of General Electric Jeffrey Immelt.

But many of the Jobs Council’s chief executives have rotten track records of creating jobs, as they have axed expansion projects, terminated entire departments, and slashed thousands of American jobs, despite posting record profits.

President Obama is traveling to Pittsburgh on Tuesday (October 11) to discuss with prominent American business leaders the lingering economic barrier of high unemployment. The gathering will consist of members of the President’s Council on Jobs and Competitiveness (Jobs Council), which was established in January to "provide non-partisan advice to the President on continuing to strengthen the Nation’s economy and ensure competitiveness of the United States and on ways to create jobs, opportunity, and prosperity for the American people."

The Jobs Council comprises 27 Obama-appointed business leaders from primarily corporate entities outside the federal government who are responsible for advising the President "on how the Federal Government can best foster growth, competitiveness, innovation, and job creation." The council includes executives from American Express, Boeing, and Citigroup, and is chaired by Obama’s corporate cohort, CEO of General Electric Jeffrey Immelt.

But many of the Jobs Council’s chief executives have rotten track records of creating jobs, as they have axed expansion projects, terminated entire departments, and slashed thousands of American jobs, despite posting record profits.

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Photo: President Barack Obama salutes as he walks down the steps of Air Force One upon his arrival at Pittsburgh International Airport in Pittsburgh, Tuesday, Oct. 11, 2011.: AP Images

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