Obama pulled the plug on his council, even though more than 12 million Americans are out of work, a move which Republicans said symbolized the president’s failure to turn around the economy.

Championed by the president as a collection of great economic minds, the panel died with more of a whimper than a bang, having not met in a year — and convening only four times since its formation two years ago.
Grilled by reporters about the demise of the group, White House press secretary Jay Carney insisted the development was no big deal, imploring observers to focus on “progress” not “meetings.”

“There is no disputing economic cold hard facts that because of the policies that this president pursued, that kind of economic decline was reversed,” Carney said. “And that’s the measure of your commitment to job creation and economic growth.”
However, Republicans scoffed at that assessment of the president’s economic stewardship.

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