MR. GREGORY: Well, can I raise, can I raise the big question--Jack, let me start with you--which is, at this point, does the president have to level with the American people and say, "Look, the conversation in Washington has stopped about jobs, about what government can do to somehow stimulate economic growth." We got to focus on other things. Maybe it's tax reform. But we, we can't do it at the moment. You disagreed with that earlier, saying he can do something about the economy.
MR. WELCH: Oh, he can do a lot about the economy. He could look at drilling for oil. He can, by himself, can drive that posture. He could put a moratorium on regulation until we've got unemployment below a certain level. He could do it. And he could, most importantly, change the posture. Everything we do in this administration is more punitive than it is incentivized. Let me give you a perfect example. Let's take the jobs bill. They put in there Section 371. That is an ability to sue for unemployed people who are out looking for a job to sue for $300,000, for example, if they hire Andrea who has a job and don't hire me, unemployed. It's crazy. They, they give a $4,000 incentive to hire an unemployed person, then they give a $300,000 penalty if you happen to discriminate against an unemployed person. Come on, you've got to get a positive framework.
It turns out that Obama's jobs bill is crazy. If you do more of the same failed policies and expect different results that's as crazy as it gets. What do you think?