> Juday wrote:
> A fine point and one I agree with completely.
>

Nobody can know everything, so certainly this seems to make sense.

But consider this for a moment: let's say you interview for a hedge
fund job on the US convertible bond arbitrage desk.  Do you think
there's some minimum level of knowledge you should have?  Or would,
"gee I don't know, I'll ask someone and get back to you" suffice?

The point is, there's a reasonable level of knowledge, wisdom, *and
talent* we should require of people we're hiring for a job.

In the case of the President, they should have some fairly decent
economic knowledge before they apply.  If they don't, then they
probably don't have the talent.

E.g., ever get the "tell me about your largest area of improvement" in
an interview?  Well anyone with half a wit has read the standard
answers and regurgitates them.  So why ask?  Because it's a "signaling
effect".  If the person has had enough forethought to properly prepare
then that's a good sign.

John McCain was commerce secretary for 8 years.  And he has to read
Greenspan's book?

Would you hire developer to clean up a massive CF code nightmare who
said that despite the fact that they've been a Jr. CF developer for 8
years, they really don't know much about CF, but have bought the CF
for dummies book?

Would that be the guy you'd think was just right to clean up your huge
production mess?

There's a basic level of due diligence we should expect from our
leaders.  If McCain needs to appoint a commission after being commerce
sec for 8 years, then he's CLEARLY not done the due diligence we
should expect for a Presidential candidate.

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