1/8/09

Another Clinton official elected

Nancy Killefer has been named Chief Performance Officer by President-elect Barack Obama:

President-elect Barack Obama has chosen a former Clinton Treasury Department official to head up a new office that will closely follow how well federal programs are working.

Bottom line.Wow! Another level of bureaucrats. The bureaucracy keeps growing as the government increases spending. This is one of the bubbles that will get out control and be a major brake for the US economy.

Another thought. Clinton is firmly in power. Like Putin, he is not the president but more and more people in his administration get a job with Obama. Did we vote for change?

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George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977

1 comment:

Unknown said...

What are your thoughts as to why this crisis got so bad? If most people are still paying their mortgages and most people still have their jobs, how did this crisis get so out of hand?