If Obama’s jobs council was such a success, why isn’t he keeping it?
President Barack Obama let his jobs council disband Thursday as its two-year charter expired, sparking criticism among Republicans and conservative economists that the group had provided more show than substantive policy.
The jobs council was created in January 2011 as a way for business leaders—including executives from General Electric Co., GE -1.37% American Express Co. AXP -0.83% and Boeing Co. BA +0.45% —to advise the president on ways to boost the economy. It was a high-profile outreach effort by Mr. Obama, who has struggled to form strong working relationships with businesses and Wall Street.
The panel was criticized when months passed with little evidence of activity. During its two years in existence, the group met four times, with Mr. Obama attending each meeting. The last session convened a year ago, according to its website. The council also held 18 "listening and action sessions" nationwide.