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A friend sends along the following chart from 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.
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.
Originally posted by HappilyEverAfter
We are the private sector, as a matter of fact we're so private we're ignored. I'd rather have first hand experience, and some one leading from the front, rather than appointments made as favors and paybacks.
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According to the White House website:
The Cabinet includes the Vice President and the heads of 15 executive departments — the Secretaries of Agriculture, Commerce, Defense, Education, Energy, Health and Human Services, Homeland Security, Housing and Urban Development, Interior, Labor, State, Transportation, Treasury, and Veterans Affairs, as well as the Attorney General.
Six others have “cabinet-rank” status: White House Chief of Staff Rahm Emanuel, EPA Administrator Lisa Jackson, OMB Director Peter Orzag, U.S. Trade Representative Ronald Kirk, U.S. Ambassador to the United Nations Susan Rice, and Council of Economic Advisors Chair Christina Romer.
Vice President, plus 15 executive department heads, plus six others: 22 people.
If only 10% had private sector experience, that would be 2.2 of them. Each of the 22 people comprises about 4.5% of the cabinet. Two of them with private experience would be 9% of the cabinet. Three with private experience would reveal the chart to be in error. Would it be possible to create a cabinet of 22 people and have only two of them with private experience?
AEI’s claim that the cabinet lacks private sector experience is astoundingly in error, with 77% of the 22 members showing private sector experience — according to the bizarre chart, putting Obama’s cabinet in the premiere levels of private sector experience. The chart looks more and more like a hoax that AEI fell sucker to — and so did others
Originally posted by jibeho
reply to post by December_Rain
Nice digging!! I guess I fell for it as well as Forbes.com. For the full story read on www.forbes.com...
Just another example of data manipulation. I suppose it is just a matter of how you view the data. I am still not impressed with the performance of Obama's administration.