Now that the House has voted to kill 323,000 jobs in 2012 alone – according to analysis from the Economic Policy Institute – with this budget deal after the Republican Party held the entire U.S. economy hostage for the past six months, the government can turn to the business of creating jobs.
And they are wading in with their hip boots on this.
According to media reports today, the White House Council on Jobs and Competitiveness, a non-partisan group that advises the President on how to create jobs, is telling the President that tourism is the next big thing.
According to the chair of the council, Jeffrey Immelt, who moonlights as chair over there at GE, says that boost investments in education, more small business loans, and putting construction workers back to work are good ideas for jobs creation.
Wait a minute didn't they just slash spending on social programs that would eliminate or reduce this kind of spending?
Immelt also thinks boosting travel and tourism will spark economic growth.
In bound international tourism is a job-creating industry, Immelt and his fellow CEOs on the Council argue. It is true that tourism from the three largest countries in the world supported more than 100,000 jobs and the tourism industry as a whole totaled 10 percent of the jobs created int eh economy recently.
And what's the big barrier to growing this sector? Strict State Department regulations on visas.
Tourism industry jobs are notoriously non-unionized, low-skilled, under-paid service jobs.
I am sure someone is going to say people should just feel lucky to have any job.
This is the Jobs Council's big advice? This can't be a serious proposal. The President might do better to send them back to their regular jobs.