Obama Pushes for More Jobs

Advisors that belong to a private sector in the White House are pushing for more jobs to be created. Obama has instructed a job board known as the President’s Council on Jobs and Competiveness and their goal is to create more jobs throughout America.

The group is made out of professionals who work as executives. There are several issues plaguing the United States today within the job market and America has to figure out how to change that. Luckily, Obama’s job group is set to help brainstorm the different ideas so things can start changing.

“None of us has the magic potion,” the chairman of the council, General Electric Co. Chief Executive Jeff Immelt said in an interview Monday. “We hope this can add a voice to break some of these things free.

No one in this administration is perfect but they are all looking for a way to help. Since the group has been created the job market has seen some positive changes and some negative modifications. In reality the group has been dealing with all different aspects of job creation. This includes education and investment that can bring in more jobs.

Training individuals for work is also a huge aspect of trying to fill the job market. Everyone has ideas from the Government all the way to Obama’s job administration and all are working together to create a solution.

“Many of the group’s new recommendations are directed at changing federal policies without major legislation or new government funding. For instance, the council suggested shortening the application processing time for Small Business Administration loans. Others are endorsements of longstanding ideas, such as more investment in infrastructure such as bridges and power systems.”

Many believe that the start in creating jobs is meeting small business owners on their level. They say the key to more jobs is dealing directly with small businesses and working from there.

Tax breaks are always on the mind of individuals and that includes eliminating them where possible. Obama’s groups suggest designating government personnel to focus on new projects and get state and federal agencies to work together.

Investments are also on the mind of many individuals. Obama’s job administration is trying to encourage a large tax break on investments of 25 million dollars (or less). The catch is that the investment has to be protected and untouched for at least five years.

Expanding funding for projects is also an important part of creating jobs. There is a fine line between public financing and private financing and the government has to find a way to open that gap.

These ideas will always face criticism from someone. But the bottom line is that the United States has to start somewhere.

“What we tried to do is a broad and deep set of recommendations,” he said. “It’s impossible to talk about job creation and competitiveness and assume at the same time that there will never be any legislative resolution to some of these things.”