Obama job council laid off
The grand council of economic minds put together by President Obama has been laid off en masse.
The council, a group of high-powered executives, had been tasked by the President to advise his administration as to how create jobs. Having done a bang-up job, the President thought it was time to thank them for their service and send them on their way, so they would have more time creating jobs on their own.
When the council was created, the national unemployment rate was at a staggering 9 percent; however, due to the astute counsel of the executives over the past couple of years, the unemployment rate has fallen to a ridiculously low 7.8 percent. Despite this titanic achievement, yesterday, the Bureau of Economic Analysis said that the U.S. GDP shank for the first time in three years.
With the success of the Council on Jobs, hopefully the second term of Obama’s presidency will not see a dearth of councils to solve other pressing issues.