The Obama administration has failed to focus on the one most important issue in the United States right now. That is the lack of jobs. The Gulf oil spill only makes things worse.
Phony meetings of leading corporate executives conferring with the president do not create jobs. There have been no publicly spoken thoughts that indicate any thinking “outside the box.” I believe that is the case, because President Obama’s advisors are just the same old people that are part of the Democratic Party machinery. The Republican Party is no better.
An idea that is unique is the report by Michael Porter in the May 31-June 6, 2010 Businessweek. Michael Porter is a Harvard Business School Professor. The essence of the article is as follows.
A small struggling printer-toner distributor, in a poor neighborhood of Boston, made a connection with the CEO of Staples, the giant office supply company. The result is that the company is now a manufacturer and now successfully employs 65 people. Three things result from this relationship. 1) More people are employed. 2) Staples has an improved image in the community. 3) Staples has a reliable supplier in this nation.
The administration needs to look for more of these examples and find ways to encourage more of the same. Tax incentives would be a good place to start. Or perhaps tax penalties for those companies that do not participate.