By Javier Manjarres
President Obama has just fired/laid off his entire Jobs Council that he created a year ago to help him create more jobs in this challenging economy. Obama has been saying that the economy is in recovery, but the recent report from the Commerce department that states the national economy had shrunk in the last quarter of 2012.
When the report came out citing the bad economic outlook, Obama pointed the finger at the Republicans in Congress, blaming them as being the cause of the bad economic report. But the recent jump in unemployment has left a bad taste in Obama’s mouth.
As new weekly jobs numbers emerged Thursday showing a jump in unemployment claims and a report released the previous day showed the economy shrinking in late 2012, President Obama is effectively laying off his jobs council. –Fox News
Speaker Boehner’s office tore into Obama’s layoffs by stating the following-
“To understand the abysmal nature of our economic recovery, look no further than the president’s disinterest in learning lessons from actual job creators…”Whether ignoring the group or rejecting its recommendations, the president treated his Jobs Council as more of a nuisance than a vehicle to spur job creation.”
Is the U.S. economy in a recession? President Obama has said that taxes should not raised during a recession. If we are in a recession, will the President pull back all of his recent tax hikes? Fat chance. What do you think?