Here’s one for the White House suggestion box: President Obama — Be careful about where you seek job creation advice.

This week marked the second meeting of the President’s Council on Jobs and Competitiveness, a 26-person panel of business and labor leaders appointed by President Obama to generate a national strategy for job creation.

Whether or not the Jobs Council can truly help fix America’s job crisis, it’s too soon to know, but there’s ample reason to be skeptical.

‘Good for Obama’s jobs council, good for America?’ was the question posed by The Washington Post, which went on to note that five of the companies with executives on the Council — General Electric, Citigroup, Intel, Procter & Gamble and DuPont — generate the bulk of their revenues overseas.

And the GOP blasted the President for his choice of venue — a manufacturer of energy-efficient lighting in Durham, NC, called Cree, Inc. President Obama praised Cree for ‘putting people back to work in a field that has the potential to create an untold number of new jobs and new businesses right here in America.’

But the Republican National Committee issued a release saying that Cree — which received a $39 million tax credit in stimulus funds […]