Originally Posted by villagegolfer

...The fact of the matter is that only 8% of the Obama Administration has private sector experience....

No question that previous administrations had more appointees from the private sector.

But go back and restudy what the result was. Deficit spending and the growth of the national debt was rampant during those Congresses and under that administration. Then remember what happened to some of the key appointees. Several of them in key roles quit after only a couple of years when they found out that their input wasn't being considered in the formulation of domestic fiscal policy by the POTUS and VPOTUS.

Remember Paul O'Neill, Bush's first Treasury Secretary? He quit and was replaced by John Snow, who also quit and was replaced by Henry Paulson. All three had extensive private sector experience but found that much of the fiscal policy was being dictated by the POTUS and VPOTUS who...surprise... neither of whom very much private sector experience in their careers. Read the book The Price Of Loyalty by Paul O'Neill to see how much solid private sector experience helps.

If solid, experienced private sector advisors aren't listened to, what good is it to have appointed them in the first place? Go back and read the history.

Originally Posted by Villages Kahuna

No question that previous administrations had more appointees from the private sector.

But go back and restudy what the result was. Deficit spending and the growth of the national debt was rampant during those Congresses and under that administration. Then remember what happened to some of the key appointees. Several of them in key roles quit after only a couple of years when they found out that their input wasn't being considered in the formulation of domestic fiscal policy by the POTUS and VPOTUS.

Remember Paul O'Neill, Bush's first Treasury Secretary? He quit and was replaced by John Snow, who also quit and was replaced by Henry Paulson. All three had extensive private sector experience but found that much of the fiscal policy was being dictated by the POTUS and VPOTUS who...surprise... neither of whom very much private sector experience in their careers. Read the book The Price Of Loyalty by Paul O'Neill to see how much solid private sector experience helps.

If solid, experienced private sector advisors aren't listened to, what good is it to have appointed them in the first place? Go back and read the history.

Still, 8%. There is hardly any private sector to listen to. This administration has no plans what so ever.

You keep puching that "8%" number when there's no evidence showing a causal link (these days) between raising that number and results.

Remember. Corporations these days are run FOR THE SHAREHOLDERS. That is their NUMBER ONE loyalty.

Put someone from the private sector in charge and you can expect them to behave in a manner that will benefit HIS owners (read: campaign contributors).

Again, read what I wrote - damned if you do and damned if you don't. It's like nobody knows what "the happy medium" would feel like if it came up and BIT them in thigh!

Originally Posted by djplong

You keep puching that "8%" number when there's no evidence showing a causal link (these days) between raising that number and results.

Remember. Corporations these days are run FOR THE SHAREHOLDERS. That is their NUMBER ONE loyalty.

Put someone from the private sector in charge and you can expect them to behave in a manner that will benefit HIS owners (read: campaign contributors).

Again, read what I wrote - damned if you do and damned if you don't. It's like nobody knows what "the happy medium" would feel like if it came up and BIT them in thigh!

Yes, it is 8%. When you stock your administration with Ivy league idealists and socialists, you only get the prospective of left-leaning progressive people who do not know anything about real monetary obligations. Social engineering is their forte.

Originally Posted by villagegolfer

The fact of the matter is that only 8% of the Obama Administration has private sector experience. This is the bunch that has spent $3.6 trillion dollars in only 27 months!!!
Only people who never held a real job could spend money like a drunken sailor.

Hey!!; why insult drunken sailors? At least drunken sailors spend THEIR OWN MONEY!!

Originally Posted by RichieLion

Hey!!; why insult drunken sailors? At least drunken sailors spend THEIR OWN MONEY!!

Yes, that is a quote from Ronald Reagan. Speak of drunks, I still remember Reagan given speeches with Tip O'neal making stupid expression in the background. LOL