Margaret Spellings former Bush cabinet officer and part of the revolving door circus chortled how great things were for business despite the horrible economy. Spellings was grateful that the business community has a seat at the table. Dana Milbank of the Washington Post wrote.
A seat? Business has just about all the seats at the table - and more on back order.
Fifteen million Americans are out of work, thanks in part to reckless Wall Street activities. Yet corporate profits are at record highs, companies are sitting on vast amounts of cash, and, after a tough two years, business interests are again atop the Washington power structure.
At the end of the joyfest Tom Donohue, head of the Chamber was aasked a real stumper by a reporter. What can corporate America do to create more jobs? “I got to think about this for a minute,” Donohue said, then added: “I think the most important thing to tell a company is to return a reasonable return to their investors.”
Obviously a subject he has given about zero seconds of time to. The Chamber cares so much about jobs in America they devote a lot of time and energy into helping large U.S. corporations in their quest to outsource as much work as possible.