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Excerpt:
Americans had a choice between a BusinessMan and a Lawyer in 2008, and they made the right choice. Then they stumbled in 2010, when they punished Obama who demonstrated that he could not walk on water and lead them out of the worst recession since the Great One in the 1930s. The consequence was the Replicant inanity of "Austerity Budgeting" - the exact opposite of the stimulus-spending bill (ARRA, 2009) that stopped-dead at 10% a raging unemployment rate in 2010.
It has therefore taken two to three years more than necessary to finally get Uncle Sam back to 4.9% unemployment. Meaning what?
This: If Trump gets elected, that will be the second-time in recent history that the American electorate got it wrong, wrong, wrong.
And Heaven Help America ...
Even a successful business career is no guarantee of political competence
THE front-runners in the race to become the Republican Party’s candidate for president of the United States, Carly Fiorina and Donald Trump, share more than mutual disdain. Both believe that their time spent in a corner office, bossing around underlings, posing for photos for the covers of glossy business magazines and overseeing billion-dollar deals, counts as preparation for the presidency. This business-as-brilliance worldview has long been popular among Republicans. Mitt Romney, who ran for president in 2012, pointed to his career running Bain Capital, a successful private-equity firm, as proof that he could run a country.
Businesspeople who build firms from scratch or advance to the top often think they can master anything, including the maelstrom of modern politics. Although both Ms Fiorina and Mr Trump have ruled companies, neither has had the shining career they claim. Mr Trump, who got his start in New York property before taking his golden logo around the world, is regarded with scepticism within his industry, because he overstates his involvement in deals and several of his ventures have filed for bankruptcy.
Mr Trump may like to gloat ..., but his spotless professional image is a Trump-l’oeil. He has also stumbled repeatedly, taking on too much debt and seeing at least four of his firms and casinos go bankrupt. These failures are even more significant because he began with a head start thanks to his wealthy property-developer father. Some reckon that if he had simply put his inheritance into the stockmarket he would be richer than he is now.
The skills demanded in politics and business are different. Politicians need to seek consensus; bosses can demand it. Politicians need to woo their foes; executives can get them fired. Running a large company is complicated, but nowhere near as complex as overseeing a government in which diverse, competing interests must be weighed and reconciled for the public good.
Americans had a choice between a BusinessMan and a Lawyer in 2008, and they made the right choice. Then they stumbled in 2010, when they punished Obama who demonstrated that he could not walk on water and lead them out of the worst recession since the Great One in the 1930s. The consequence was the Replicant inanity of "Austerity Budgeting" - the exact opposite of the stimulus-spending bill (ARRA, 2009) that stopped-dead at 10% a raging unemployment rate in 2010.
It has therefore taken two to three years more than necessary to finally get Uncle Sam back to 4.9% unemployment. Meaning what?
This: If Trump gets elected, that will be the second-time in recent history that the American electorate got it wrong, wrong, wrong.
And Heaven Help America ...
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