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Thursday, December 3, 2009

Obama's PR Stunt on Jobs, Still Blaming Others

Is the White House jobs summit an event that will spur tangible actions or simply a glorified public-relations stunt?

Some are asking that question as the White House on Thursday hosts a slew of the country's best and brightest business executives, finance experts, economists, small business owners and labor leaders to discuss ways to generate job creation.

"The president's really looking forward to having a wide cross section of people from small, medium and lagre businesses," senior White House adviser Valerie Jarrett told "Good Morning America's" Robin Roberts today. "All coming together and working with him and his economic team to see if we can come up with some new, fresh ideas to help jumpstart the economy."

With the country dealing with its highest unemployment rate in 26 years, the administration is under pressure to get Americans back to work. While unemployment is traditionally a lagging indicator -- taking longer to turn around than the stock market and other economic indicators -- time is of the essence.

"We inherited an economic meltdown 10 months ago when he took office. He moved boldly to get us back on track with a variety of measures. We still have an unemployment rate that is far too high," Jarrett said. "He thinks today is a great opportunity to bring in new fresh ideas." - ABC News Story

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