President Obama's Jobs Council, having one of their rare meetings |
Back then, unemployment was right around 9 percent. Two years president later, more than 12 million people in the U.S. are still out of work.
The official unemployment rate has improved to 7.8 percent, but this is largely due to the White House changing the way we count the unemployed. There are actually more people without jobs today then there were the day the President created his Jobs Council.
The Jobs Council was created by one of the President's executive orders, and the original order said that it would expire in two years.
"I've had enough with these clowns" |
According to our sources, the President is furious with his own Jobs Council.
"They were supposed to create millions of new jobs, but instead we lost millions more jobs," and inside source reported hearing him say. "I'm just very lucky that my voters didn't care about my performance in this area" he went on to say.
The 2012 election was the first time in our history where a president won reelection despite worsening economic conditions.
Had the president actually created some jobs he probably would have won with a much larger margin. As it was, the president was very fortunate that his voters don't seem to care much about whether he creates any jobs at all.
Labor Force Participation Rate hits an all time low |
Their primary interest wasn't in "finding a job," but rather in getting more free benefits from the Federal Government.
President Obama met with the council only a handful of times. His last meeting with the group was in February 2012, almost a full year ago.