Obama's Meet-and-Greet for Elites

A Fraudulent Jobs Summit

By SHAMUS COOKE

If the President had offered us a job summit a year ago, he might have been taken seriously. Now, however, after more than six million jobs have been lost — and with the bottom still falling — Obama’s brain storming get-together can only be treated with contempt, if not outrage.

What is needed is immediate action, not idle chatter. We already know what works: federal stimulus money channeled directly towards job creation, a public works campaign to help rebuild the U.S. crumbling infrastructure, full funding for education and social services, and more.

Instead, Obama will invite the corporate elite to the White House to hear their advice on how to create jobs, as they continue slashing them by the thousands. The conservative Washington Post reports:

“President Obama plans to bring together CEOs, small business owners and financial experts to sound out ideas for continuing to expand the economy and create jobsâ€