Why A Recession? Biden's Economic Team Made-Up Of Amateurs

By Pamela Glass | Friday, 15 July 2022 19:25
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An explosive new analysis published by the Committee to Unleash Prosperity reveals that Democrat President Joe Biden’s administration has significantly few business-oriented officials in the administration and that the vast majority of people handling economic policy for the United States government under Biden have no business experience whatsoever.

The 15-page report, composed by economist Steve Moore and the Committee to Unleash Prosperity‘s executive director Jon Decker, was given to Breitbart News exclusively before its public release. The headline of the report is: “Not Ready for Prime Time Players: Majority of Biden Appointees have Zero Years of Business Experience.” The report analyzes the backgrounds of the “top 68 officials in the Biden administration, starting with the president himself, and including cabinet members, regulatory officials, and White House advisers.”

In the executive summary, the authors detail some key discoveries in the report. First and foremost, 62 percent of Biden’s top political appointees and staffers “who deal with economic policy, regulation, commerce, energy and finance have virtually no business experience.”

What’s more, just one out of eight Biden officials has what the authors deem “extensive business experience,” and the average level of business experience across the Biden administration is roughly 2.4 years. The median years of business experience among Biden’s top appointees is zero, since so few have any experience in the private sector, and the “vast majority of the Biden economic/commerce team members are professional politicians, lawyers, community organizers, lobbyists, or government employees.”

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The appendix of the report lists out each of the 68 officials analyzed, beginning with both President Biden and Vice President Kamala Harris. Both of them each have zero years of business experience. Attorney General Merrick Garland further has zero years of business experience, and Secretary of Agriculture Tom Vilsack has zero years as well. Treasury Secretary Janet Yellen, Secretary of Veterans Affairs Denis McDonough, Secretary of Homeland Security Alejandro Mayorkas, Secretary of Labor Marty Walsh, Secretary of Health and Human Services Xavier Becerra, Secretary of Housing and Urban Development Marcia Fudge, Ambassador for Climate Change John Kerry, Office of Management and Budget director Shalanda Young, Secretary of Eduction Miguel Cardona, U.S. Trade Representative Katherine Tai, and many, many more have zero years of business experience.

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In Biden’s Cabinet and innermost circle, White House Chief of Staff Ron Klain with 16 years, Secretary of Interior Deb Haaland with 11 years, and Secretary of Commerce Gina Raimondo with 11 years, have the most business experience close to the president. Isabel Guzman, the administrator of the Small Business Administration, has the most business experience of those analyzed with 20 years of background.

Secretary of Transportation Pete Buttigieg has only four years of business experience. The report authors stress his business experience has not much to do with his Department as “he has virtually no experience in transportation or logistics.”

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