Even with the appointment of New Hampshire Senator Judd Gregg to his cabinet, President Obama has few, if any, top advisers with any significant entrepreneurial experience. They have little exposure to the vicissitudes of the marketplace and the risks necessary to build a business and so market innovative ideas and products, create jobs, thus furthering economic growth and promoting prosperity.
What goods or services have any of the president’s cabinet produced? How have they dealt the difficulty of decreased demand? How have they learned to adapt to trying economic times?
I keep thinking of the president’s cabinet when I consider my brothers who built their own home-building business in my home town. I’ve seen the long hours they’ve had to work when they’d rather be with their families. I’ve accompanied them on site and they deal with potential home-buyers and their own staff.
I’ve listened as they had to deal with supply problems and troublesome employees, even heard them face the problem of asking a friendly supplier for a lower price. Obviously, just by paying attention to their work, I’m not qualified to act in their stead. But, I have been impressed by their efforts, observing that their success is based largely on the choices they have made–and how they’ve followed through on those choices.
In the current economic downturn, I know that the most difficult choice they have had to make has been to lay off employees, many of whom worked hard building their business, some of whom they counted as friends. But, unless they laid them off, they couldn’t make ends meet and keep the business afloat.
In private enterprise, when receipts are down, an employer often has to reduce his work force. So, why is it that when “[c]ompanies are cutting jobs by the tens of thousands,” Uncle Sam is hiring?  The “federal work force is growing.”
Maybe if Obama had more close advisers with entrepreneurial experience, he might understand the reality of the marketplace and the necessity of laying off employees as does a private employer. Instead, with the president’s team experienced in government and academia, they seem more attuned to the realities of politics and the abstractions of ideas.
Now that support for the Democrat Pork Bill is down in the 30s, that means it has about as much support as the Iraq War did when it was labeled “Deeply Unpopular” by the media.
To answer your headline, Dan – No.
Coddled and spoiled bureaucrats like Obama, Reid, Pelosi, Kennedy, Fwank, Geithner, Daschle et al all think the same thing – that the reason why socialism has never worked is because the wrong people were in charge of it.
The scary part of it is that these idiots think that THEY are the “right” people to do it.
Shudder.
Regards,
Peter H.
#1 – V, don’t hold your breath. The Perky One at CBS has already canonized The Snob as the “anti-Bush” on CBS This Morning and took up for Dear Leader and Tom “Swindler” Daschle on Live with Regis and Kelly.
And Brian Williams of NBC wants The Snob to copy Michael Douglas in the 1995 film “The American President.”
There’s no way the DNCMSM is going to allow The Snob to fail.
Sad but true.
Regards,
Peter H.
Curses! Filtered again!
Regards,
Peter H.
Seriously? Because that’s the point. The Democrats first priority is not economic stimulus. Democrats lost power for 12 years after 40 years in the majority. Their first priority is making absolutely certain they never lose the majority again. They intend to do that by making a majority of Americans dependent on big government and thus Democrats for either jobs or welfare handouts, or indirectly dependent on big government through union or “infrastructure” jobs.
Everything on their agenda from the stimulus to the fairness doctrine to nationalized health care to immigration reform is intended toward this purpose.
Does Obama’s Team Understand Marketplace Realities?
Short answer: No. Politicians in general, but Democrats especially, have NO understanding of economics.
Does Obama’s Team Understand Marketplace Realities?
I’m going to got out on a limb and say “No.”