John Ransom

On Wednesday, President Obama went on a pork-barrel tour at a community college in Virginia touting “the jobs of the future.”

But as usual Obama has the equation wrong.

I’m thinking that given the latest unemployment & employment numbers, maybe he should just stick to creating…oh…I don’t know…maybe the jobs of today?

You see, last year “Congress set aside about $2 billion in the Health Care and Education Reconciliation Act to help community colleges train students and workers over the next four years,” according the CSMonitor.

And now Obama is doing a whistle-stop tour to use that money in a bid to get re-elected over the next 17 months. 

Everyone else is just worried about their shrinking house values and not having jobs. But Obama's biggest concern is  using $2XXL to keep himself in the White House.  

“President Obama rolled up his sleeves Wednesday morning at a hybrid-car repair lab where students can earn gold-star credentials from the National Association of Manufacturing (NAM),” writes the Monitor. The lab’s private sponsor, in this case, it should surprise no one to learn, is Obama’s favorite public-private corporation, General Motors.

Ok, so maybe GM is a little more public than it is private. One needn’t let reality get in the way of a big picture Big O vision.  

“The new partnership between private-sector manufacturers, community colleges, and NAM aims to provide 500,000 community college students over the next five years with industry-recognized credentials.”

Sounds impressive, but, um, what about giving college student actual jobs to go with their “gold-star” credentials?  A job is very helpful in paying off federally subsidized student loans.

Maybe someone should tell the administration that it’s not the supply of employees that that’s a problem; it’s the supply of jobs that’s running kind of short.

Did any of Obama’s economic advisors pass the portion of the test that included word problems?   

I went online to find exactly how many jobs were available for hybrid auto repair techs in the Northern Virginia area.

I searched, and Craigslist.

I found exactly one job mentioning experience with hybrids near Northern Virginia, the region where Obama’s dog and pony show took place. The job was in Baltimore, about 42 miles from Arlington, VA.

“There are people across America with talents just waiting to be tapped, sparks waiting to be lit,” Obama said. “Our job is to light them.”

John Ransom

John Ransom is the Finance Editor for Townhall Finance, host of Ransom Notes Radio and you can catch more of the best money advice and monetary commentary by him daily 10am PT, 1pm ET at or on Comcast Cable