In an interesting note, it was reported today that president Obama's Jobs Council has not even met for the last six months. Obama formed this group with great fanfare and said that it would advise him in his efforts to get job growth back in the USA. Despite this billing, Obama generally ignored the recommendations of the council. I guess that these folks know when they are being used, and they do not like it.
Maybe Obama should form a "higher spending council". With Obama's track record, that might finally lead America to reducing its spending.
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The head of the Council is GE's CEO Jeff Immelt. As Obama is making a serious, albeit misguided, effort to make Romney into an outsourcer, having Immelt, the poster boy for outsourcing, not paying corporate taxes, crony capitalism and all the rest, as the Chairman of the Job Council probably became inconvenient for Obama. So it may be that neither the Council, for the reasons you mentioned, nor Obama, found it useful to continue.
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