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Another Lost Year for America's Workers

D G Wrote: Jan 11, 2013 12:08 PM
Obama's legacy will not include creating jobs and balancing the budget.
drrisk2 Wrote: Jan 11, 2013 8:17 PM

He has no clue how to do the first, and no intention of doing the second.

WASHINGTON - President Obama's decision to name Jacob Lew, his chief of staff and former budget director, to be his Treasury secretary sent a depressing signal that the economy and jobs won't be his highest priority in a second term.

With unemployment remaining stubbornly high in the fifth year of his presidency, the job of Treasury secretary cries out for a hard- driving, corporate chief executive with strong economic credentials.

Instead, Obama intends to pick Lew who has reigned over his big spending budgets (and five consecutive trillion dollar deficits), and more recently has run the...