The Obama jobs summit

What a disappointment President Barack Obama’s financial policies are. Wall Street reform hasn’t happened and while tens of millions of people are unemployed, Obama…has a meeting.

About 130 people were invited to yesterday’s gathering, which may mean that the meeting — a “jobs summit: — put a couple of caterers to work feeding the attendees lunch, but did nothing for anyone else. The summit, a very transparent attempt to disguise the abysmal job the administration is doing to help regular people damaged by the recession, is the deserved target of criticism and mockery. PoliticsDaily wrote about the giant photo-op in a column headlined “Obama Jobs Summit: I Care, I Really Do.”

The Washington Post made it pretty clear that Obama is willing to direct billions of dollars to bailing out ethically (and sometimes financially) banks and investment houses to a far, far, FAR greater extent than he is willing to invest in jobs for American workers.

Yes, the stimulus bill saved millions of jobs, no matter how you count them. When the bill is done and the country falls off the funding cliff in a year or two, is everyone supposed to get jobs installing insulation?

“Obama says he does not have the money for the plan many of his liberal supporters say packs the biggest employment punch — direct federal investment in job creation,” the Post reported. “Instead, he came close to embracing a to-do list for the private sector that sounded rather familiar: weatherization, small-business incentives, regulatory and other help for exporters, and tax credits for employers who hire new workers.”

Golly.

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