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What Recession?

Despite an unemployment rate that remains near historic highs, the president’s jobs panel has not met in more than six months. It’s almost as if they aren’t aware that we are in the middle of a recession. Or could there be another reason for the panel’s lack of activity? Turns out, many members of the panel don’t support the president’s economic policies.

The president has been campaigning all over the country, talking about how important it is to create new jobs in order for the nation’s economy to recover. “We’ve got to grow the economy even faster and we’ve got to put even more people back to work,” he told voters in Ohio last week.

Strange how the president’s jobs panel–which includes many business leaders from the private sector–is missing in action even while job creation remains a big issue on the campaign trail. It would seem that in this period of high unemployment it would be all the more important for the president’s team to be at work on this issue.
Here’s one possible reason for the panel’s half-year vacation: As Politico reports, numerous members of the president’s panel have “conspicuously declined to endorse him.”
Apparently, many of the experts and business leaders assembled to advise the president on how to create jobs and lower the unemployment rate don’t think that the current president is up for the job. With the struggling economy at the forefront of the presidential campaign, that’s a fact that the president and his staff must find more than a little embarrassing.
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