Posted on 01/17/2012 1:56:58 PM PST by NormsRevenge
WASHINGTON (Reuters) - President Barack Obama's jobs council called on Tuesday for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms, a set of proposals unlikely to provide a quick fix for high unemployment or gain much traction in an election year.
A panel of top U.S. business leaders advising Obama - whose re-election chances could hinge on whether he can boost the fragile economy - offered its latest job-creation prescriptions at a meeting with him at the White House.
Obama pledged to "push as hard as possible" on their recommendations but also sought to temper expectations. "Obviously this year is an election year, and so getting Congress focused on some of these issues may be difficult," he cautioned his Council on Jobs and Competitiveness.
The panel, a who's who of corporate titans, has generated dozens of mostly modest proposals since it was created last February. Obama has acted on many of them through use of executive powers.
But some of their bolder ideas have lagged and the overall benefit to the still-sluggish job market remains uncertain. Despite that, Obama said "those small, incremental steps, they add up."
General Electric Chief Executive Jeffrey Immelt, who chairs the non-partisan panel, acknowledged there was no "silver bullet" for the country's unemployment woes.
But he insisted that a number of the panel's earlier proposals, such as streamlining infrastructure building permits, were bearing fruit and the new ones deserved bipartisan support.
That could be a tall order in a divided Congress where much of the Democratic president's jobs agenda has stalled in in the face of Republican resistance and election-year gridlock.
(Excerpt) Read more at news.yahoo.com ...
End times? No, Election Year. ;-]
Gop Establishment in titters over prospect
Now is the time to start talking about eliminating entire Federal Departments.
I keep hearing Connie FRancis in the background .. Who's sorry now?
President Barack Obama speaks about government reform at the White House
in Washington January 13, 2012. REUTERS/Kevin Lamarque
Satan will say anything to win over a convert and so will Obama or any other Marxist, for that matter.
What would really frost me is if they actually came up with legislation to do the things we want and presented them to congress.
Wutch yuh gonna do?
What would frost me is SCOTUS says ObamaCare is unconstitutional and then Obama blames the 5 republicans for voting for it.
Then he gets reelected.
"Push as hard as possible?"
Well ain't he just the little trooper!
Oh yeah, he is gonna try to overcome that mean `ol Congress when he tries his darnedest to end the injustices of Republicans putting party ideology ahead of the historically disenfranchised minorities!
Why, they are shirking their reparational duty of recompensation towards the historically disenfranchised minorities as well as tax paying undocumented citizens!
In English, rather than "Austrian," he is saying he will do what he damn well wants to and his Council on Jobs and Competitiveness is a medicine show for the rubes.
And the MSM beats the drums and Ghost dances around the fire all night...
.
The Pubbie leadership needs to push this, NOW, draft the bill (identical in both houses) to implement the recommendations, and don’t let up on it.
Thanks NormsRevenge.
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