Posted on 08/12/2010 6:34:00 PM PDT by Kaslin
Politics: A week ago, as the secretary of labor greeted grim job data by hailing the economy's "turnaround," the Dow fell 100 points in seconds — a vivid sign America is wising up to this administration's incompetence.
Only minutes after her department reported that payrolls had shed another 131,000 positions in July, there was Secretary Hilda Solis speaking brazenly of the "strong and immediate action" the White House had taken to save or create "more than 2.5 million American jobs."
But as the market action showed, investors could see she didn't know what she was talking about.
But then, Solis is no different from any number of administration officials who by their comments or actions demonstrate almost daily that they know nothing about creating jobs or anything else to improve the economy.
And why should they? There's never been an administration led by so few people with any experience in the private sector — including the president, the vice president and even the treasury secretary, who last week wrongly called it a "myth" that raising taxes on high-income Americans would hurt small business.
Solis, for example, has always worked for government, from the Carter White House's Office of Hispanic Affairs, through a turn as a Los Angles County insurance commissioner, to the California Assembly and Senate, and then to Washington as the representative from California's 32nd District.
Treasury Secretary Tim Geithner began his career at the consulting firm Kissinger Associates. But most of his experience has been in government, not the private sector.
(Excerpt) Read more at investors.com ...
Amazing. A Secretary of Labor who has never actually had a real job....
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