We’re all reminded the President hasn’t met with his jobs council since January…but we may have forgotten the real reason why.
Refresher: In its last published report, the council recommended that America should broaden its tax base and lower tax rates, extract more coal, oil and natural gas, approve Keystone XL, etc. – a number of policies supported by Mitt Romney and not Barack Obama.
And given the council was headed by Jeff Immelt and run by many major corporate CEO’s, it appears that President Obama is against not only small business (“You didn’t build that!”) but the recommendations of big business as well.
Bloomberg news excerpt and link below.
Bloomberg: Obama Jobs Panel Urges Broadened Tax Base, More Oil Drilling
By Roger Runningen
The U.S. must broaden its tax base and lower rates, extract more coal, oil and natural gas, and boost government research and development to revive the economy and stay competitive, according to recommendations of President Barack Obama’s jobs council.