Daily Quote: "The most important single central fact about a free market is that no exchange takes place unless both parties benefit."
Milton Friedman
Submitted by rresendes on Thu, 04/23/2009 - 7:33am
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Send to friendPrinter-friendly versionKing or jester? Obama's views and decisions regarding GM and Chrysler are not looking good for his economic legacy. This WSJ editorial starts to flesh out many of his decisions and thier likley effects. It is instructive to read as it provides a perspective on Obama's decisoin making skills which will likely affect many other aspects of our lives.
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The president has been getting non-stop criticisms from the people. I can't blame them for that for a lot of people are struggling to survive in this dog-eat-dog world. However, Obama said a lot about creating jobs, and it seems he has – but the new jobs are all government jobs. (Most of the time, the idea is to create jobs in the private sector.) The big areas for new government positions are in intelligence (if you can call it that, giving the performance over history), the FBI, IT positions, aerospace engineering, financial oversight agency positions, and wildlife management positions. Government jobs pay VERY well- you probably wouldn't have to worry about payday loans if you get hired. For qualified individuals, government positions are a good thing to look into.