Wednesday, November 25, 2009

Less than 10% of Obama Cabinet Members Have Any Private Sector Experience

It seems that I have more experience in the private sector then just about the entire Obama cabinet. Which is kind of sad in a way.

A friend sends along the following chart from a J.P. Morgan research report. It examines the prior private sector experience of the cabinet officials since 1900 that one might expect a president to turn to in seeking advice about helping the economy. It includes secretaries of State, Commerce, Treasury, Agriculture, Interior, Labor, Transportation, Energy, and Housing & Urban Development, and excludes Postmaster General, Navy, War, Health, Education & Welfare, Veterans Affairs, and Homeland Security—432 cabinet members in all.

No wonder they are having so much trouble creating jobs for people. Most of them have never had to run a business that had to make a profit or compete in the marketplace. I mean the closest thing Obama had to the business world was working at Baskin and Robins as a teenager.

I still think Hillary should have won the Democratic race. At least she ran a Law Firm at some time in the past and was on the board of directors of Wal-Mart. Oh well maybe she would have the guts to run against Obama in 2012.

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