Obama's solved unemployment!! Dissolves job council..

healthmyths

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Sep 19, 2011
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Obama's jobs council shutting down Thursday
President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high.

When Obama in January 2011 formed his Council on Jobs and Competitiveness, unemployment was hovering above 9 percent. Two years president later, more than 12 million people in the U.S. are out of work. The unemployment rate has improved to 7.8 percent, but both parties agree that's still too high.

A provision in Obama's executive order establishing the council says it sunsets on Thursday. A White House official said the president does not plan to extend it.

Of course...Obama met with the council [ALL THE TIME] only a handful of times.
During the last meeting, in February 2012, the president and the council highlighted an engineering education initiative alongside school deans.

Obama's jobs council shutting down Thursday - US News and World Report

Yea... our smartest president now says unemployment new acceptable level is 7.8% contrary to the Employment Act (1946), initially the "Full Employment Act," Specifically, the Act is committed to an unemployment rate of no more than 3% for persons aged 20 or over and not more than 4% for persons aged 16 or over (from 1983 onwards), and the Act expressly allows (but does not require) the government to create a "reservoir of public employment" to effect this level of employment. These jobs are required to be in the lower ranges of skill and pay so as to not draw the workforce away from the private sector.
Full employment - Wikipedia, the free encyclopedia

3% is the LAW!!!
 
NOTE this sentence in the Full Employment Act...
"reservoir of public employment" to effect this level of employment.
These jobs are required to be in the lower ranges of skill and pay so as to not draw the workforce away from the private sector."

That seems totally at odds with the current federal salaries which are HIGHER then any others!

If federal workers are still paid more than private workers after controlling for all of these variables, then federal workers enjoy a wage premium—that is, they are overpaid by private-sector standards.
Congress has become increasingly concerned that federal workers earn wages and benefits that are above market levels, creating a need for rigorous public–private pay comparisons. The most common analysis compares the wages of federal and private workers with the same observable characteristics at one point in time, typically finding a federal wage premium of 10 percent to 20 percent. Although well regarded and widely used, the cross-sectional method cannot account for unobserved abilities that may affect the premium estimate.

Public-Private Pay Gap: Study of Workers Switching Employment
 
A provision in Obama's executive order establishing the council says it sunsets on Thursday. A White House official said the president does not plan to extend it.

And why should he? It's been...what...a year since he met with this council?
 
Apparently they weren't doing anything good.

I thought you were in favor of cutting the dead weight out of government?????????
 
Apparently they weren't doing anything good.

I thought you were in favor of cutting the dead weight out of government?????????

The good news is that Big Bird is still employed by the government, right? He makes millions like Mickey Mouse does in royalties but unlike Mickey, demands to be susidized by the US Taxpayer.
 

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