Before heading to Asia, President Obama announced that there will be a jobs summit at the White House in December. Despite his claim that he has created or saved 1 million jobs, the President can’t deny 10.2% unemployment staring him in the face every day. Business leaders (if only it stopped there) non-profits, union leaders, and government officials will meet to figure out how to create jobs.

PRESIDENT STATEMENT ON ECONOMY

Well the first way to create jobs would be to disinvite the non-profits, union leaders and government officials from the jobs summit. Second thing they could do is do the exact opposite of everything President Obama suggests. Thirdly, congress needs to make the Bush tax cuts permanent. Some of President Obama’s remarks announcing the jobs summit:

Over the past 10 months, we’ve taken a number of bold steps to break the back of this recession. We’ve worked to stabilize the financial system, revive lending to small businesses and families, and prevent responsible homeowners from losing their homes. And through the Recovery Act, we’ve cut taxes for middle class families, extended and increased unemployment insurance, and created and saved more than a million jobs.

Yeah, he said it, 1 million jobs. He’s also always talking about a middle class tax cut. If anybody can tell me where that is let me know, I’d love to see it. I’m in the middle class, haven’t seen a tax cut. He also said:

We’ll gather CEOs and small business owners, economists and financial experts, as well as representatives from labor unions and nonprofit groups, to talk about how we can work together to create jobs and get this economy moving again.

That means SEIU and the UAW will have a say in how jobs in this country are created. Economists? Would that be the same economists that he currently gets such good advice from now? Nonprofit groups? No offense, but don’t you actually need to make a profit to create a job? What’s the point of having nonprofit groups at the Obama jobs summit? And finally:

It’s important that we don’t make any ill-considered decisions — even with the best intentions — particularly at a time when our resources are so limited.

That pretty much nixes the tax cut idea. You know it’s funny, whenever the dems want to create some fancy new government program the cost never enters the conversation. If it’s tax cuts, tax breaks, or the defense budget, our resources are limited. One thing’s for sure, I’m glad I’m not depending on the outcome of the Obama jobs summit to land gainful employment. A video of Obama’s remarks below the fold.