Monday, August 29, 2011

Apparently Not Very Great Advice

Did you know that we had a Council of Economic Advisors that is supposed to tell the President what can be done to encourage business growth in thios country? I can understand why they are keeping a low profile with the successes of expanding the economy and creating jobs.

Today President Obama nominated Alan Krueger to head the Council of Economic Advisors. It would be nice to think that he could make a difference, but that's asking too much.

Either the Council is totally inept, or the President is deisregarding everything they say. Either way, we can do without it and save some money.

The Senate, instead of confirming Krueger's nomination should mothball the whole agency.

According to a White House press release, the Council is charged with delivering economic advice to the President on formulation of domestic and international economic policy. The releases goes on to say that Council bases its recommendations about what will do the most good for the country on economic research and empirical evidence and not what's best for a political party or special interest.

That's good. Certainly wouldn't want the oil industry to take credit for creating hundreds of thousands of jobs by an aggressive oil and natural gas exploration and refining strategy.

Obviously the Council has recommmended to the President that he scrap the EPA regulations on small businesses, that the ban on incadescent bulbs is a mistake, that real teeth should be put into the existing legislation that bans hiring of illegals, that the corporate income tax be drastically reduced, that card check should be shelved and never mentioned again, that cap and trade is horrible for business and should be withdrawn, and that the new health care program is already stiffling business growth and expansion - among other equally astute observations.

What's that? That's not what they do? Then, like I said at the beginning, scrap the Council.

For more information about my consulting, teaching, and coaching services visit my website at stevehoffacker.com. I also maintain a blog (Sales Quips) on the real estate network Active Rain. © 2011, Steve Hoffacker. All Rights Reserved.

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