Skip to comments.Obama council makes urgent plea for jobs measures (BURF Alert!! Think 'infrastructure'.)
Posted on 10/10/2011 7:02:53 PM PDT by NormsRevenge
WASHINGTON (AP) Decrying the human toll of the nation's economic and financial crisis, a group of corporate and labor leaders advising President Barack Obama is calling for sweeping and urgent changes in government policies, from liberalized immigration and less restrictive regulations to a more business friendly tax system and greater spending on infrastructure.
In tackling the nation's economic crisis and its stubborn 9.1 percent unemployment rate, the president's Council on Jobs and Competitiveness is putting the names of some of the country's top corporate CEOs as well as the head of the AFL-CIO behind proposed initiatives and policy overhauls sure to please and irritate Democratic and Republican partisans alike.
The council, headed by GE Chairman and CEO Jeffrey Immelt, will release its 50-page report Tuesday during a meeting with Obama in Pittsburgh. The Associated Press obtained a copy of the report Monday night.
Others on the 27-member council include AFL-CIO President Richard Trumka, AOL co-founder Steve Case and Facebook chief operating officer Sheryl Sandberg.
The report notes that 1 million construction workers are unemployed and .. declining state of U.S. infrastructure. .. China now has six of the world's top 10 seaports .. the United States can't claim a single one of the other four.
It calls on Congress to reauthorize surface transportation legislation instead of simply approving temporary extensions. It proposes additional ways of leveraging private sector investment in public works projects, including a national infrastructure bank that would be seeded with public money to attract private money a proposal that has bipartisan support.
To speed up projects, the council has recommended a streamlined approval process that prevents delays over environmental reviews or other permits.
(Excerpt) Read more at news.yahoo.com ...
In before the “BURF”!
Steve Case hmmm.. if AOL bought Yahoo
would the new name be Ya - A - Hol *-?
BURF alerts are hugh and series!!
We don't need no more steenkin' Union handouts.
Repeal Davis-Bacon before ANY MORE OVER-PRICED Public Works projects are started, period.
I have an idea....
A BUDGET. (Fantastic tool for controlling graft and corruption)
As in, stop spending long enough that we can investigate what you have done so far to who and put you all in prison for stealing the treasury. The more you stir the pot, the less is left.
Back away from the feeding trough guys...
The President's Council on Jobs and Competitiveness has 26 companies and includes American Express, Comcast and Intel.
Just days before the president appointed Kenneth I. Chenault, chairman and chief executive of American Express, to the council, the company announced a massive restructuring that closed a facility in North Carolina and eliminated 550 jobs, or about 1% of the company's workforce. At the same time, American Express announced it had made $1.1 billion in the fourth quarter of 2010, up 48% from the same period the previous year.
Xerox, whose chief executive, Ursula Burns, sits on the board, has cut 4,500 jobs in the first six months of 2011.
You would think Obastard would at least pick companies that know how to create jobs and be competitive -- through other means than mass layoffs.
Enjoy, girls and boys. Can you feel the love of Obambi’s Oppose Wall Street haters? What do GE CEO Jeffery Immelt and AFL-CIO boss Richard Trumka know about creating jobs? They know how to kill them but not save or create them.
The Council on Jobs and Competitiveness’ 27 members know as much about job creation as they do about screwing for chastity.
How can they immigrate they are already here?