LACK OF BUSINESS EXPERIENCE BY PRESIDENTIAL ADVISORS MOST APPARENT IN THE CURRENT ADMINISTRATION

Recently released information revealed that about 8% of the Presidential advisers who advise him on all matters including economic matters, have ANY previous business experience! Yet, these advisers, are advising!

Apparently, no president in the last 100 years had anything close to this anemic statistic...no wonder we are diving head-first into financial/fiscal government and business disaster.

What can they advise on relating to business? They were never in a business, never operated a business, never made a payroll, etc..

So far the only advice was to raise taxes on the employers and high earning individuals (who pay literally all the taxes anyway right now.) This is not an economic policy, but rather income re-distribution that does nothing to create jobs.

At present about 115 million people are employed by small business at 5 million individual firms.

The needs of these firms are totally overlooked, as evidenced by the fact that the CHAMBER OF COMMERCE, was not represented at the JOB SUMMIT called by the President.

Based on the present state of economic affairs, and the lack of experience by the Presidential advisers, expect that the next 3 years will be very challenging for businesses, employees and the economy.