Tuesday, December 1, 2009

Can this team fix the problems?

When the US (and the world) is faced with arguably unprecedented economic challenges, who better to fix the problem - public sector government officials or people with extensive private sector business experience? Check out this chart below:

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.

Analyze the successful economic presidents from the US past. And look at the remarkable contrast with Obama's cabinet makeup. Is he headed for success or doomed to failure?


No comments:

Post a Comment