Nov 8th, 2008 | survey

Obama's 1st mistake?


It's great to see President Elect Obama aggressively taking on the economy prior to his taking office. Unfortunately, the economic advisory team that he has put together looks more like a semester’s worth of great guest speakers  for an MBA class than an economic advisory team that can truly help him.

There are a lot of great minds on the list:

Robert Rubin, Larry Summers, Laura Tyson, who served as Clinton’s top economic adviser; former Fed Vice Chairman Roger Ferguson; Time Warner Inc. Chairman Richard Parsons; former Securities and Exchange Commission chairman William Donaldson and Xerox Corp. Chief Executive Officer Anne Mulcahy.

Google Inc. CEO Eric Schmidt, Michigan Governor Jennifer Granholm and Roel Campos, an ex-SEC commissioner, and Warren Buffett are also on the advisory board.”

Notice anything missing ?

Not a single entrepreneur! Yes Warren Buffett started a business, but he will be the first to tell you that he “doesn’t do start ups”. Which means there isn’t a single person advising PE Obama that we know of that knows that its like to start and run a business in this or any economic climate. That’s a huge problem.

If we are going to solve our current economic problems, our President needs to get first hand information on the impact his proposed policies will have on real Joe the Plumbers. People who are 1 person companies living job to job, hoping they get paid on time.  We need to know what the impact of his policies will be on the individually owned Chrysler Dealership in Iowa. The bodego in Manhattan. The mobile phone software startup out of Carnegie Mellon. The event planner in Dallas. The barbershop in LA. The restaurant in Boston.


Obamas 1st mistake?


17 votes, 94 views , 6 comments
 
 

 
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Recent Comments (6)
Macbrock
(Reply)
Florida, United States

posted Nov 10th, 2008 at 16:04 CST

As Reagan once said, "Trust, but verify". Skepticism is healthy in a Liberal Democracy, as Bmccue7 said. It's about checks and balances. Unlike the way  Republicans think, the President is a servant of the people, not vice-versa. If the middle-class is to arise again, small business's will be crucial and those are the entrepreneurs we need - jobs stay HERE, not overseas.

Kookie.lee
(Reply)
Australia

posted Nov 9th, 2008 at 10:18 CST

I have no doubt that Obama will make mistakes, and I will have NO PROBLEM pointing them out, let me tell you!  Has nothing to do with the conservative/liberal...nonsense.  My first critisism of Bush was AT the election recount crap, and it never stopped after that.  The above post was written in sarcasm, because this poll is THE FIRST time I saw YOU admit he could make a mistake.  And it didn't take long after the election for him to do it.  I have grown accumstomed to Obama worship now, and it really did surprise me that someone would admit he is human.

Philgtaylor
(Reply)
Australia

posted Nov 9th, 2008 at 07:17 CST

What do you expect, you expect him to be perfect? He is not perfect, but he is very very good, but if mistakes are made, they should be pointed out. I am sure you would do the same if Bush made mistakes. I am sure you did point out Bush's mistakes when he made them didnt you?

Bmccue7
(Reply)
Georgia, United States

posted Nov 9th, 2008 at 04:45 CST

No, we're liberals. We tend to criticize our leaders like free people do. You want party loyalty? Disciplined citizens marching in lock-step, obedient and blind? Look to the Right.

Kookie.lee
(Reply)
Australia

posted Nov 9th, 2008 at 03:52 CST

What's this?????  You mean to tell me that somebody out there might think the exalted cocObamanut can actually make a mistake????  Wow! I am shocked!  (not about the mistake part, just that somebody might be contemplating the idea that it's even possible).

Macbrock
(Reply)
Florida, United States

posted Nov 8th, 2008 at 16:52 CST

Mark Cuban continues:-Entrepreneurs that start and run small businesses will be the propellant in this economy. PE Obama needs to have the counsel of those who will take the real risk inherent in creating companies and jobs. Those who put their money and lives on the line with their business.Without it, the rules of unintended consequences of any economic policy could hit you in the mouth in ways you never expected. Things like forcing companies from being taxpayers to the underground cash economy, or forcing new hires to be independent contractors to avoid having to pay their insurance or higher matching social security amounts. Your current group has no one with 100pct of their networth on the line. I promise you that the possibility of losing it all will provide a completely different perspective than any of the “knowledge” the esteemed, learned members of his current advisory team offer.PE Obama, I’m always available to help, but my recommendation would be to randomly go through the new incorporation filings  and ask for volunteers to give feedback. Ask the people who are actually starting new businesses what they need.Entrepreneurs will lead us out of this mess. Talk to them. -http://blogmaverick.com/ 2008/11/08/pe-obamas-1st- big-mistake/

 
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