Wednesday, June 30, 2010

Do These Two Inspire Confidence in You?

Here are the two men who control the American economy.  Mr. Obama and Mr. Bernanke.

Both have never had a real job in business, in fact, the closest either actually came to a real job was as a college professor.

Neither has ever run a company, created a product or service, met a payroll, or given them any relevant experience as an "employee" in the "workforce."

Yet, both men now make laws and draft new regulations that govern every aspect of the American economy.

Does it take a business genius like Herbert Hoover to run a successful economy?  Of course not.  Hoover made millions for himself in the mining business and ran some of the largest and most successful philanthropic projects in history.  Yet his presidency was an economic disaster.

But I'll take Hoover's business experience over Obama's and Bernanke's lack thereof any day.

Yesterday's news:  Truly awful consumer confidence numbers.

Today's news:  Only 13,000 new private sector jobs created in the U.S. in June.

This is not a recovery.  I just don't see it.

Robert J. Abalos, Esq.