Evan Newmark has an early verdict on tomorrow’s “jobs summit”:

And so the jobs summit will fail for the same reason Obamanomics is failing: The White House mistakenly believes economic growth and new jobs are created by society’s stakeholders — business, labor and government — cooperatively working together.
But that’s not the way capitalism works. It doesn’t take a village to create a new job. It takes a businessman trying to make another buck.