President Obama Announces 'Jobs Summit'

CenterOne writes:

"IMO, tax cuts alone do not create jobs, small businesses do. That’s where help from the Federal government can make a difference."

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So when is this part going to start? From what I see there has been a lot of talk about jobs being created or "saved" but the results are pretty dismal. The WH numbers for jobs being created as the direct result of the Stimulus Plan were so bad the spinmeisters were brought in to reach into the netherland to make them sound good. They got busted on that.

And how exactly can you measure a "saved" job in the private sector?

Best case, good day with the planets lining up there has been a decrease in the weekly unemployment numbers for the past 2 weeks. This could be the direct result of seasonal hirings.

The fact is this administration told us in clear terms: if Congress passed the Stimulus Bill unemployment would never get past 8%. We just hit 10.2% and we are still rising. Given the methods by which this Administration gets their Bills passed and, quite frankly, the wholescale breech in transparency and bi partisanship that this President promised not to mention the dismal results of their big save (from the brink) it is tough to believe that these guys have a clue much less are going to find genuine solutions.

Posted by: Lone Star Rules | Nov 14, 2009 8:32:41 AM posted: “….businesses create jobs, not government. As long as businesses are penalized with heavy tax burdens they are simply not going to create jobs.”

This always sounds like great policy – everyone hates taxes. But the past two terms of major tax cuts created only a measly 5 Million new jobs (at least here in the US).

IMO, tax cuts alone do not create jobs, small businesses do. That’s where help from the Federal government can make a difference.

The banner that needs to be hung from the RNC:

"Its the jobs, stupid."

This should be fun. We'll have Joe Biden there wagging his finger that employers need to "do their patriotic duty and add a few jobs to the role." The President will walk around talking to the Labor Unions and a couple of the Bank Lobbyists. Pelosi will come streaming in chanting "a million jobs a month as soon as we get whatever bill passed she thinks will save us all from the edge (a las the Stimulus).

What a circus. its not a bad idea all in all but when you measure what this administration has done so far in the jobs creation arena (namely squat) and their propensity to stroke from the pulpit it is hard to imagine that this is nothing more than some vain effort to defend the records with "well, we had a jobs summit...and we had a lot of good ideas."

The bottom line: businesses create jobs, not government. As long as businesses are penalized with heavy tax burdens they are simply not going to create jobs. You can scream "patriotism" all day long but if there is no money to be made it is simply not going to happen - not now, not ever.

@ wow – yep, we moved our business out of California at the end of 2007 for exactly those reasons you mentioned. However, I also know CA has a unique history that's caused some of its budget problems. We were there during the dot-com boom when the state was rolling in tax money and anyone who fogged a mirror could get a mortgage no questions asked.

If you are one of those who can’t get out, find a copy of the book “California” by state historian Kevin Starr. It’ll help put things in perspective. I do miss the sunshine.

CenterOne-I live in California where it is beyond bleak. Businesses and those who can get out, are. High taxes cause an extremely unfriendly business environment.
I am afraid it's a look into the future for the rest of the country.

wow | Nov 13, 2009 3:53:03 PM posted: “uncertainty in all of the administrations tax an spend plans are going to continue the bleak outlook.”

I live in a state, Oregon, with one of the nation’s top unemployment rates, mostly because of our economy’s dependence on timber. Over the past decades during housing declines, we’ve seen similar unemployment numbers, so we knew what to do.

During the last economic downturn, Oregon issued bonds to create jobs and also opened wider eligibility for federal food stamps. The money circulated throughout the state, helping build jobs. We rebounded, and attracted new high tech employers like INTEL. Even built a rainy day fund.
This recession, the housing bust hit us hard. But in April we started spending on infrastructure projects to get people working and off unemployment.

The key focus has been building family wage jobs, so we have used federal money to build healthy new tax payers by investing in school districts, training and community college scholarships. A well trained workforce has already attracted new employers like the country’s largest Solar Panel plant, Bio Sciences, Health Care, High Tech, and Renewable energy. Moody’s has predicted Oregon be one of the leading states out the recession.

I know exactly what you are talking about when it comes to commissioned sales. That’s how we make a living here at my small business. But Americans need to realize the future won’t look like the past bubble. We’re moving into a different market with new products – counter “bleak” with nimble.

actually center one things are that bleak. ask a commissioned sales person how the economy is going. they can't rely on a salary to buffer them when things are rough. it has actually been 3 years of bad...isn't that about when democrats took over Congress? uncertainty in all of the administrations tax an spend plans are going to continue the bleak outlook.
the exception of course is if you work for the government or one of the union jobs they're propping up with tax payer money.
the disillusionment and dismay is mounting.

More Proof that the "Stimulus" is
Working. Not!
Jobs Summit= "We Don't Have A Clue"!
When your economic policy consists of
demonizing businesses and banks and
promoting labor unions what do you
expect? Labor unions do not create jobs,
small businesses do.
Increasing taxes on small business
will make the unemployment situation
much worse.
Save time and money Mr President and
cancel the "photo op" summit.
Just cut taxes for small business and
make it possible for them to hire
people and maybe provide them with
health insurance!

John A | Nov 13, 2009 1:16:00 PM posted – “Just be ready for very dark times ahead. You think today is bad - just wait until after Christmas. Many more companies will be going into the tank. Unemployment will continue to rise and inflation is coming.”

Actually John, things are not all that bleak. Granted, our economy won’t return to the previous bubble of easy credit. But, activity at my small business is picking up, even though we service a declining sector.

I agree about unemployment needing to be our government’s next MAJOR focus. Small businesses are still not seeing credit flowing and we are the power house of the nation’s jobs.

ConScripted | Nov 13, 2009 5:35:40 AM posted: “It’s a good thing Fox News told us here on Main Street about how those arrogant, narcissistic, elite leftist socialist communist thugs in Washington secretly rammed through that Hate Crimes rider. No more burning lumber on lawns or roughing up a few Nancy boys all in good fun. One by one, freedoms are being taken away from good, clean, God-fearing, flag-loving Americans by a power-hungry Big Government that wants to throw us under the bus. Palin 2012!"

Hey ConScripted, “roughing up a few Nancy boys” has NEVER been “all in good fun” or a “freedom” for “God-fearing Americans”. Thanks for exposing the inner workings of the mind of a Palin supporter.

Since Obama is just printing money right now, why not suspend all income tax for 1 year? After all, it was initially considered to be voluntary, when first enacted. Now, you go to jail, if you do not pay. Slipped that one right by everyone, eh? Just be ready for very dark times ahead. You think today is bad - just wait until after Christmas. Many more companies will be going into the tank. Unemployment will continue to rise and inflation is coming.

Posted by: Woody | Nov 12, 2009 7:33:46 PM: “Supply-side policies have greated wealth every time they've been employed.”

But Woody, here’s the problem: all that generated wealth has tipped into the hands of the wealthiest. Back in 2005 after just 4 years of Supply Side economics, the wealthiest 1% of all Americans earned 21.2% of the nation's income. And the gap between rich and poor grew even larger by the time President Bush left office.

Meanwhile, the wealth generated by Supply Side voodoo policy did not “trickle down” into new jobs – well at least here in the United States.

The pathetic 5 Million jobs created during the two Bush terms will NOT reemploy the 15.7 million people out of work today. And the manufacturing jobs that bled overseas, encouraged by Supply Side policies, will NOT be returning anytime soon.

Odumbo and Pelousy AKA Tweedledum and Tweedledummer:
_____________________________________

More juvenile name calling from the right wing as intelligent political discussion . . .

obama administration = analysis paralysis

i'd be willing to be that he'll be told by more than one member at the meeting that more government jobs will not grow the economy.

"By intervening directly and depriving society of its responsibility, the Social Assistance State leads to a loss of human energies and an inordinate increase of public agencies, which are dominated more by bureaucratic ways of thinking than by concern for serving their clients, and which are accompanied by an enormous increase in spending."

- Pope John Paul II (1991) Centesimus annus

Pope John Paul II saw in Poland firsthand what a government controlled economy can do. In his encyclical Centesimus annus (1991) he wrote:

"Economic activity, especially the activity of a market economy, cannot be conducted in an institutional, juridical or political vacuum. On the contrary, it presupposes sure guarantees of individual freedom and private property, as well as a stable currency and efficient public services. Hence the principle task of the State is to guarantee this security, so that those who work and produce can enjoy the fruits of their labours and thus feel encouraged to work efficiently and honestly."

tierra

The magic wand is to get this country producing again.

The thing restraining our country's ability to produce is overregulation and strict bureaucratic roadblocks.

WELL, SCOLLY WOLLY!!

Guess this summit will fix the 'jobs problem'!! Will he bring the beer to this summit??

Is Team Obama so dense and or arrogant they cannot understand the discussions of some of their agenda has businesses at the point they FEAR expanding -- even if they could?

Look at Obama's track record so far!! WHAT HAS WORKED -- that can be proven??

As each day goes by, the credibility of this administration's policies come into greater question!!

If he must have a summit, hope he brings a HAPPY TELEPROMPTER!!