Romney touts support from CEOs... on President Obama's Jobs Council

Lest we all forget that Jeff Immelt — CEO of General Electric and chief of President Obama’s specially-appointed and now dusty-from-disuse Council on Jobs and Competitiveness — announced in August that he intends to vote for Mitt Romney over our incumbent president, Team Romney is following up on their “Secretary of Business? [Really?]” ad by touting the support of business leaders to highlight his free-market credentials.

The latest name on Team Romney’s endorsement-list of entrepreneurs and execs includes yet another member of the White House Jobs Council, Intel CEO Paul Otellini, who gave to John McCain in 2008 but joined the president’s (completely symbolic) team of business advisers with ideas for growth — unfortunately, no such luck, via the WSJ:

Supporters include Charles Schwab, Cisco Chief Executive John Chambers and Bernie Marcus, the co-founder of Home Depot. The newest name on the list belongs to Intel CEO Paul Otellini, a member of President Barack Obama’s Council on Jobs and Competitiveness.

… In 2010, he criticized the administration for failing to generate more robust job growth. He was particularly critical of the stimulus. But the Intel CEO joined the president’s so-called jobs council to much fanfare the following year as Mr. Obama embarked on a very public – if short-lived – courtship of big business.

The president lauded Intel for investing in the U.S. during a trip last year to one of the chipmaker’s advanced manufacturing facilities in Oregon. …

It’s too bad President Obama never took the advice of his Jobs Council, merely trotting it out for show in an effort to repair his relationship with big business — maybe if he had done so instead of resorting to regulation and stimulus and government involvement at every turn, he wouldn’t be in this awkward position (not that it’s any wonder the business community is flocking to the camp of a candidate who’s successfully worked in the private sector for decades and proved his mettle as a turnaround artist and free marketeer, versus the candidate who can’t seem to grasp real-world economics).

By the way, anybody find it a little odd that President Obama can apparently appreciate the private sector for creating, producing, and mass-distributing something as mind-blowingly efficient and life-altering as micro processors, but doesn’t seem to think the private sector capable of producing viable green-tech ventures on its own? There’s a disconnect there, no?

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David Strom 5:21 PM on December 09, 2022