Monday, November 30, 2009

Obama's Advisors Lack Business Experience And Wisdom

The following chart shows that President Obama's cabinet lacks the business experience and wisdom of every other president's cabinet since Teddy Roosevelt's cabinet, 110 years ago.

The above chart is from THE ENTERPRISE BLOG, "Help Wanted, No Private Sector Experience Required" By Nick Schulz and originally from a JP Morgan research report.

Schulz concludes:
When one considers that public sector employment has ranged since the 1950s at between 15 percent and 19 percent of the population, the makeup of the current cabinet—over 90 percent of its prior experience was in the public sector—is remarkable.

Addendum: [See my December 27, 2009, post, "Obama Does Not Know How To Be A CEO."]

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