"The best way to create jobs" is to reduce the costs of doing business, for American business, and that is best done by reducing government regulation.
As we have seen, a reduction of the interest rate --- "the gas pedal" --- does not work when the opportunity for using a reduced interest rate, in American industry, has been scrubbed away by confiscatory taxation and regulation.
Now, reducing the the burden of government, on American businesses, requires that a President, and the Congress, and the Judiciary (who think that they rule over everybody), shall have to match reductions in their costs operation, with the reductions in the business world, instead of, as has been their want, to bloat their way to ever-increasing taxing of the real working class --- the actual producers in the private sector; which is to say, federal layoffs should have kept up some pace with layoffs in the private sector, but they have not.
In fact, with the exception of employees in the budget area at the President's discretion with regard to national defense, he has not layed off any kind of hundreds, let along thousands, nor even hundred thousands of people ... has has been the fate of several hundreds of thousands in the private sector who have remained burdened with paying taxes with which to keep the comfortable 'government class' of alleged-workers up to their necks in benefits, in order for the President to appease socialists: the Senate Democrats, for example.
The President should have long ago been working to make lean and efficient, the federal government, but he has not.
I hasten to add, for all those who claim Bush to be like Reagan, in this area, Bush is most definitely not; because President Reagan, in constrast to President Bush, was adamant about attending to the needs that we reduce government bloat, inefficiency, etc.
Bush has little, if any experience with telling Senate Democrats (and some Republicans), "No!"
Bush has NOT been reducing the size of the non-uniformed government payroll.
Bush has NOT been talking, as a matter of day to day policy, about reducing the waste that is the want of government.
Those many areas where government is a tax upon the private sector, to the point of its having to leave town.
Funny, that; there are communities across the country, where some townspeople have figured out that government taxation and regulation drives away jobs.
Karl Rove ought to visit some; maybe, just maybe, before the elections.
Colin Powell, too!
We are already in a trade war being waged against the USA by India China and some other nations all we are doing is disarming in the face of attacks.
Merely another example of the White House caving in when they should stand tough.