The vast majority of the people who are trying to fix it have never had a private sector job. If you needed surgery, would you want the operation to be done by someone who specializes in writing medical textbooks?
The vast majority of the people in the Obama Administration who are trying to fix it have never had a private sector job. If you needed surgery, would you want the operation to be done by someone who specializes in writing academic medical textbooks?
“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.”
