A chart that showed past presidents and the percentage of each president’s cabinet appointees who had previously worked in the private sector – you know, a real life business, not a government job? Remember what that is? A private business?
- Roosevelt – 38%
- Taft – 40%
- Wilson – 52%
- Harding – 49%
- Coolidge – 48%
- Hoover – 42%
- FDR – 50%
- Truman – 50%
- Eisenhower – 57%
- Kennedy – 30%
- LBJ – 47%
- Nixon – 53%
- Ford – 42%
- Carter – 32%
- Reagan – 56%
- GHWB – 51%
- Clinton – 39%
- GWB – 55%
And the Chicken Dinner Winner is…………………….
- Obama – 8%*
This is the guy who wants to tell YOU how to run YOUR life!
ONLY ONE IN TWELVE in the Obama Cabinet HAS EVER HAD A JOB.
*YEP, EIGHT PERCENT!
And these are the guys holding a “job summit”; going to tell us how to run our businesses, make our decisions for us? Do you want to trust them with every aspect of your life?
Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Tuesday, July 20, 2010
Private Sector v Government Sector
Bill Bonner writes:
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