One Sided Jobs Summit Begins

President Obama begins a Job's Summit to address the growing numbers of unemployed. The current level of recently unemployed is over 10%, and chronically unemployed tops 17%. The new panel of "experts" consists of labor unions and well known liberal Nobel Prize winners. Conspicuously missing is the chamber of commerce and business groups-- the very people who hire folks and create jobs. The Administration seems determined to stack the deck to make certain that no one will suggest lowering taxes, a classic incentive to job's growth with historical results. Instead, taxes will jump in 2010 as Bush tax cuts expire, and a three fold increase in spending assures dramatic tax hikes in the future, especially if government takes on nationalizing health care expenses. See Chick's THE MAD MACHINE.