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Obama's New Jobs Plan: Create a Secretary of Business

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If he gets another term, President Obama has a new plan about how to get businesses hiring again. He wants to appoint a Secretary of Business. Yes, that means creating another government position which will naturally lead to more paper work, more bureaucracy and more chaos for the country's job creators.

In an interview with MSNBC, the president said he wants to consolidate a number of business and trade-related agencies, creating a "one-stop shop" for oversight.

"I’ve said that I want to consolidate a whole bunch of government agencies. We should have one secretary...