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Obama's jobs council gets the pink slip

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    As unemployment claims jump, president lays off jobs council

  • Duration 6:29
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And well.

Yesterday we find out the economy is shrinking and stayed there is news that the number of American -- unemployment benefits is up.

So what does President Obama do when he lays off his jobs council the president decides not to renew the jobs council.

Born out the door after just four meetings President Obama closing a chapter on the jobs council.

This is illustration of why the president probably never should have assembled this jobs handled shovel -- was -- -- -- -- over -- expect them.

The economy's tanking minimum of the shovel ready jobs that weren't ready shovel ready we have to -- ultimately -- -- -- candidates -- a lot of that already was not -- us.

Shot over here expect we've had for years and probably Obama a problem.

Did have a war it's been tanking for four years the -- did -- jobs council did.

Was very helpful -- jobs council we didn't embrace.

The president's jobs program is when you have to say what are they.

The jobs council itself -- a joke.

The number of -- -- is -- acted on.

As part of the president's overall commitment to job creation and economic growth shovel -- was -- -- -- -- already expect.

-- haven't met many years as it turns out it looks like he does have a whole bunch of business people who were trying to be.

Just sit authentic enough to get a few few goodies from the president by subversive I appreciate your active.

You know you are more concerned -- meetings.

In crime there hasn't been a recovery Duncan what anybody says now we in the fourth quarter -- the economy.

Sure.

Shrunk whenever -- contracted.

It's an -- it's Republican senator Ron Johnson joins us betaseron -- -- Well I may be one of the few dozen -- visits a big deal that the judge -- has been shut down because at Ellis I was silly photo -- to begin with that we oftentimes doing what we have a promised reforms some council would put these luminaries on and we pretend that something happens so.

Whose window dressing -- a photo -- that I don't know what they comes met four times in the first years Gerald the second.

Clearly came of the report to -- made some recommendations actually pretty good recommendations you know increase investment.

In the private sector committee should America has abundant and affordable energy.

-- reduce regulatory burden mean those of these are all solid proposals for making sure America's more attractive placement -- they're how do you know what they're they're totally contrary to what pres Obama wants to do they'll.

-- let's -- we'll look at affordable energy.

This -- -- this as a candidate that you know what we need to do is because his -- cap and trade policies you lecture series eventually skyrocket.

Does any secretary said we gotta get our gasoline prices up the level of -- So what.

Near his jobs council was proposing runs totally contrary.

To a -- Obama's ideology is guilt if you're gonna make American attractive place for for business expansion.

You don't increase people's taxes you don't you don't continue with this one point 75 trillion dollar.

Regulatory burden on our economy -- Greta that's number this large and Albany eighty -- in the world that's what we burden our businesses with each every year.

And -- -- -- has done nothing but increase regulatory burden.

Well I do like the idea -- -- step politicians reach out to people -- -- pick your expertise to try to solve problems but there comes a time when we just sort of formed committees just to sort of look good and if this would did not seem particularly active committee and if there was activated -- object to us this economy shrunk in the last quarter which -- their programs that would didn't work out.

So where do we stand now we what do you -- about jobs well first what we have -- fiscal house in order.

And there's so many things that are creating such -- of uncertainty.

Such a lack confidence -- starts with getting.

The government the federal government's fiscal house in order we have to travel plan you get you in the capital not know he voted no but Capitol Hill today just gave the president this extended the credit card for the federal -- I voted no on this but.

Mean they know what I mean why we really do anything to get our you know physical business -- starts with flushing out a plan.

He real.

You know.

A viable plan from President Obama how about having the senate pass a budget which we haven't done and over for next challenge now going to be dumb guy and -- our studio that -- one good thing in terms the house and suspending its debt limit.

-- -- -- giving the Democrats the time to pass -- budget so we actually have something to compromise with.

I'm I have -- time once you guys just get along.

I'm happy to work with anybody who's willing to -- the problem.

Working good faith to fix it but it's hard to compromise was something when you don't even have a -- -- present bombs last two budgets.

Bordered on three times -- zero to sixty and so on serious.

He submitted so that I -- the blame actually directly and senator Harry Reid because the house senate budget maybe as good or better and different.

But senator Harry -- never -- one be brought to the floor so there can be so they give and take negotiation discussed find out what's good right however where -- -- cast some -- a little -- back -- president Obama's even though he submitted budgets is why -- pick up the phone and tell his party leader over here senator Harry -- Is give thought to suing you know at least our conversations start summit and announced.

Ahead and listen these are such important issues.

Mean I hate these backroom deal -- last minute.

There we voted on the on the fiscal cliff and at 1:40 in the morning on New Year's Day who read that is the wrong way of doing and what we knew we knew that I -- into the base element.

What I prevented.

99% of Americans -- median income tax increase I've -- another four truly Dallas flowing federal government out of the private productive sector.

Into the very ineffective inefficient government sector so I knew -- You'll do the basic thrust of that bill but that's the wrong way doing business we -- -- have regular order which would be.

The house passed a budget which is -- the senate passed a budget do you go to conference are reconciled and that becomes a framework for committee work.

But even like the -- it was supposed to submit his budget by February 4 of this year -- -- -- and a few -- -- mean there's -- no regard for deadlines you know -- them -- America ignored deadlines in our jobs if I -- have -- 1015 every -- senate -- 10 o'clock followed I keep my job.

Wouldn't you be bankrupt in America is bankrupt -- in the resort are functionally bankrupt is because we can print money give Greta do you know your -- the federal let us.

And it's 52000 dollars if you're a citizen in -- you know you share you know what I -- 36000.

We have blown by Greece in terms of per capita debt.

Who do I feel has let it go about 52000 paid up now would -- get out of the increasing debt.

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