Rantings and tirades of a frustrated economist.
Marvelous data! I've been searching for something like that. Thanks. I knew that the Obama administration would be bad in this statistic, but to see the exact numbers... wow. Actually, it's disgusting that this is acceptable in a democracy. If there was ever a sensible quota it would be on working experience, not on women, blacks, etc.
Where does the data come from? What constitutes private experience?
This graph really tells a story. I would also like to see a graph on the size of the federal government, over the last century. In many other countries, the federal government is the largest employer in the country. If you include the tax funded banks and car companies, the US government must be the largest US employer.I also found it quite interesting that the Eisenhower administration, had the highest level from the private sector. I wonder how Eisenhower`s old army buddies felt about being left out?
"[F]rom a J.P. Morgan research report. 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." - The American EntrepreneurReally, he cited it. I advise you to take a better look next time.
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