I agree with your point, but I think directing it at the White House program is somewhat harsh. Judging by its description[1], it seems to me more like a progra

I agree with your point, but I think directing it at the White House program is somewhat harsh. Judging by its description[1], it seems to me more like a program to alleviate the problem of frictional unemployment[2] (something that even the most conservative economists would agree is a policy problem[3]). Sure, getting rid of regulations would increase the demand for labor (more businesses => more jobs available), but that still leaves the problem of whether the supply of labor is correctly trained/prepared/etc. for the jobs available. [1] http://www.dol.gov/SummerJobs/ http://www.dol.gov/SummerJobs/ [2] http://en.wikipedia.org/wiki/Frictional_unemployment http://en.wikipedia.org/wiki/Frictional_unemployment [3] http://books.google.com/books?id=-X6YnkmadD4C&pg=PA214&lpg=PA214&dq=structural+unemployment+mankiw&source=bl&ots=1O3sevebNs&sig=PMcTOChhj3RqoK134dnGCMk8veY&hl=en&sa=X&ei=5RoXT4eJKciPsAL9wbT8AQ&ved=0CD4Q6AEwBA#v=snippet&q=%22How%20might%20the%20government%20reduce%20the%20amount%20of%20frictional%20unemployment%3F%22&f=false http://books.google.com/books?id=-X6YnkmadD4C&pg=PA214&#...