(Tom Galvin) Two years into President Obama’s term, and things have gotten a bit awkward for the President and the business community. Impressed by his intellect and vision, lots of would-be Republican business leaders jumped on board in 2008. Now, two years later, well, things aren’t going so well. And no industry is probably more disappointed than the tech industry, which came in with the highest expectations. After all, Obama was young, hip and relied on technology to win the election.
It all started well, but between federal intervention, regulation and now the issue of tax repatriation, there is a sinking feeling that the Administration just doesn’t get it. Part of that is frustration with a team of wonks and academics has left the business community with the sense that there is no one really in the White House who ever had to actually run a business (it’s a lot different than that MBA program, after all).
So, that gets us to John Thompson. Two years ago Thompson, the former CEO of Symantec, was up for the top job at Commerce. He didn’t get it, maybe cause he was just a little too successful at making money (God forbid!).
Now Obama is in the soup and he’s about to do “Take Two” on his economic team. He’d be really smart to call John Thompson back, and maybe another ex-CEO or two, and ask them to come to Washington They’ve been in the business of creating jobs, so its not just a theoretical exercise for them. And if Meg Whitman’s California race doesn’t pan out like she hopes, maybe she’d be a good person to call as well.
The bottom line is about the bottom line: Americans like hope, but they need jobs. And it’s time for Obama to start bringing in job experts onto his team. Calling John Thompson would be a good start.
We’re in a heap of hurt here, people. Unemployment is stuck at 9.5%, and real unemployment, which includes those who have stopped looking for work, is still at 16.5%. This means we have nearly 30 million Americans competing at a ratio of 5-to-1 for what jobs are presently available. If this scenario doesn't trigger the federal govt to bring John Thompson back then when will. God give some sense in our president to act and think for the average men of America.
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