Most Biden Officials, Including Treasury Secretary, Have Zero Real-World Business Experience
During a time of increasing inflation month over month, one might wonder who in the Biden administration is working towards a solution for American consumers.
According to the Committee to Unleash Prosperity, a conservative think tank, the President is surrounded by lawyers, academics, and community organizers. Shockingly, the median length of business experience for Biden officials is zero years. Which explains a lot.
Notably, former President Donald Trump’s administration shared far more real-world business experience. For instance, Trump himself posed 45 years of experience alone, while Commerce Secretary Wilbur Ross boasted 42 years.
“Surely we want our political class to have a diversity of backgrounds. We want lawyers, grassroots activists, those with political and policy experience, scientists, health experts, and academics with required specialties,” the report argued. “But we also want people who have experience running large operations with hundreds and thousands of employees and who understand logistics.”
Unsurprisingly, President Joe Biden and Vice President Kamala Harris each have zero business experience. But what may come as a surprise is the fact that Janet Yellen, a top Cabinet official, and Treasury Secretary, has also never stepped foot in the business world.
She is the woman who has recently admitted inflation is “unacceptably high” after another dismal price level report. And the same person who was “wrong” last year when she initially dismissed rampant inflation as a “transitory” problem. One she claimed would soon resolve itself.
In addition to Yellen, Secretary of Labor Marty Walsh, and U.S. Trade Representative Katherine Tai, do not have any business experience. However, according to the Committee to Unleash Prosperity report, only a handful of top officials have more than a decade of business experience.
President Biden also said price levels were “unacceptably high” just like Yellen. Then affirmed that inflation “is our most pressing economic challenge.” With that said, Biden still contended that the recent findings from the U.S. Bureau of Labor Statistics that revealed that the Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022 are outdated.
Same with the Producer Price Index (PPI), which rose 11.3% during the same period.
Of course, Biden’s words are empty ones, as Americans are becoming warier of this administration’s ability to get a grip on inflation. Especially when they continue to pass off all accountability as part of “Putin’s Price Hike.”
“High gas prices at the pump, energy, and food prices accounted for around half of the monthly price increases, and gas pump prices are up by $2 a gallon in many places since Russian troops began to threaten Ukraine,” Biden said last month.
“Even as we continue our work to defend freedom in Ukraine, we must do more — and quickly — to get prices down here in the United States.”
Joe Biden suggests that if you're a gas station owner you shouldn't be allowed to make a profit because there's a war in Ukraine or something. pic.twitter.com/ash7ddhxOd
— Ian Miles Cheong (@stillgray) July 3, 2022
As polls would begin to highlight, many Americans are already losing faith in Biden and his administration’s ability to make good on their empty platitudes and false promises. Perhaps a little more real-world business experience could help.