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From the LA TImes

Obama's job-creation panel includes job-cutting executives

In another public demonstration of concern about the struggling economy, President Obama will meet in Pittsburgh on Tuesday with the business and labor leaders he has chosen to counsel him on job creation.

But many of the chief executives have cut American jobs and adopted tactics that weaken organized labor — even as their businesses post record profits.

More below the squiggle

These are advisors on job creation in the US?

Just days before the president appointed Kenneth I. Chenault, chairman and chief executive of American Express, to the council, the company announced a massive restructuring that closed a facility in North Carolina and eliminated 550 jobs, or about 1% of the company's workforce. At the same time, American Express announced it had made $1.1 billion in the fourth quarter of 2010, up 48% from the same period the previous year.
Xerox, whose chief executive, Ursula Burns, sits on the board, has cut 4,500 jobs in the first six months of 2011.
Jim McNerney, chief executive of Boeing, shrank the company's California operations because of the end of the space shuttle program and defense cutbacks. In January, Boeing said it was cutting 1,100 U.S. jobs, including 900 in Long Beach, and has since announced further cuts in Alabama and Kansas, while adding jobs elsewhere. At the same time, Boeing reported that profits rose 20%, to $941 billion in the
Some companies have been cutting jobs for years. Eastman Kodak, whose chief executive, Antonio M. Perez, is a member of the council, has completed a number of layoffs at its Rochester, N.Y., manufacturing facilities. Between 2004 and 2011, Kodak's Rochester workforce shrank by 9,200 to 7,100.

Opposition Voices

"Nobody should expect this group to come up with innovative ways of investing in the American workforce and generating not only more jobs but higher wages," said Robert Reich, who was Labor secretary during the Clinton administration. "That's just not what these big companies do."
"They call it the jobs and competitiveness committee, but when they mean by competitiveness is massive concessions being imposed on working people," said Chris Townsend, political action director of United Electrical, Radio and Machine Workers of America, which represents 3,500 General Electric workers.

Townsend says General Electric (aka Jeffrey Immelt) has closed 31 U.S. locations and cut 22,000 jobs in the last four years. It has cut wages of nonunion workers and, in the most recent union contract, required employees to pay higher deductibles for health insurance and eradicated pensions for new employees.

"We think it speaks of incredibly poor judgment on the part of the White House to select the members of the panel that they've selected and try to describe it somehow as a job creation panel," he said.


President: "Pass this bill now"

Durbin:  "We don't have the votes in the Senate"

Pelosi:  "When the ... unemployment rate is high, it's hard for the incumbent to win. I remind you though, we're not the incumbent. The Republicans are the incumbent."  Dems Must Dramatize GOP Jobs Blockade (Wait, what?)

Who is in charge of this messaging?  Axelrod?  Plouffe? Daley?  Schumer?  Wasserman-Shultz?

For those enamored of the "obstructionism" meme, according to Gallup, the electorate is not buying it...see It's not just a bipartisanship fail - it's an obstructionism fail too

The electorate requires a clear and strong message on the economy and jobs.  Maybe the WH should take a lesson from OWS and convene an assembly?  

Crap, we should have figured this out by now...


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Comment Preferences

  •  Tip Jar (6+ / 0-)
    Recommended by:
    Mr Robert, DaleA, pot, Aspe4, kurt, OleHippieChick

    Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.

    by EdMass on Mon Oct 10, 2011 at 11:12:39 AM PDT

  •  Turnout for 3rd Way Centrism Crashed Last Nov. (5+ / 0-)
    Recommended by:
    SadieB, DaleA, pot, Aspe4, kurt

    and there's no sign that an enthusiastic voting majority for it has bounced back.

    The nation and the world could be poised to take a catastrophic blow next fall if we stick with 1990's Democratic conservatism whose voter base has now seen what it gets them and wants no more.

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Mon Oct 10, 2011 at 11:29:30 AM PDT

  •  The purpose of a business is to provide financial (0+ / 0-)

    returns to investors over some time period.  This is not a moral criticism, it is just the nature of business.  People who think otherwise are just naive.

    Even union pension funds do not seek retaining employees, even if the company is losing money, as a criteria for their investments.

    Any senior business executive will go through times when sales are rising and when sales are falling.  They will hire when sales rise and layoff people when sales decline.  It will be very rare to find a 20year senior business executive of a business with thousands of employees that do not have times where he/she needed to layoff employees.  Every time I have seen a layoff, the executives hated needing to do so.

    Since the customers of a business have the right to change who they buy from and how much they buy, businesses need to be able to scale up and down the number of employees.  

    Any time you decided to buy less of something or change who you buy from, you contributed to the pressure on a business to layoff some employees.

    The most important way to protect the environment is not to have more than one child.

    by nextstep on Mon Oct 10, 2011 at 11:48:46 AM PDT

    •  Yes, but this is not the point of the diary (3+ / 0-)
      Recommended by:
      DaleA, pot, Aspe4

      The point of the diary is that the policy and messaging initiatives of the Admin and Dem leaders is all over the place.  

      Do you have an opinion no that?

      Listen, strange women lyin' in ponds distributin' swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.

      by EdMass on Mon Oct 10, 2011 at 12:08:38 PM PDT

      [ Parent ]

      •  I don't see a problem with including executives (0+ / 0-)

        who have had layoffs.  It is part of reality.

        Democrats should be developing and pushing policies that will increase private sector jobs with something stronger than the President's jobs bill.

        The most important way to protect the environment is not to have more than one child.

        by nextstep on Mon Oct 10, 2011 at 12:43:06 PM PDT

        [ Parent ]

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