♠ Posted by Emmanuel in Education
at 3/28/2007 02:16:00 AM
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I could scribble endlessly on Bush's innumerable managerial shortcomings (group think, anyone?) but there is little point in kicking a dead horse with a sub-30% approval rating. I'd just like to add that budget management--a key managerial task--has suffered much with Bush's untax and spend policies. That he has racked up the biggest budget (and trade) deficits in American history gives MBAs a bad name. That Bill Clinton--a lawyer--managed to balance the budget and even run a surplus is telling. Would American finances have done better if Bush spent more time studying managerial accounting, or would its international relations have been better if Bush took a course in cross-cultural communication? I doubt it. The recent record of businessmen as public servants is not good, be it (the long-gone) Silvio Berlusconi of Italy or (the overthrown) Thaksin Shinawatra of Thailand. As cynical as people get about politics sometimes, there is still a public service component not fully captured by for-profit dynamics. And, you can take that to the (central) bank.