SHOCKER: WHAT HAPPENS WHEN PAY GETS CUT: “The best and brightest find better-paying jobs elsewhere because they are the best and brightest. What does that leave behind? Usually, either people who can’t afford to check out because of their age, or people who simply can’t compete in the open job market because of a lack of marketable skills, accomplishment, or experience. Of course, this describes exactly what has happened to the firms in which American taxpayers have invested hundreds of billions of dollars.”

Well, it could have been worse. They could have put “community organizers” in charge. Uh oh.