"You're headed for a one-term presidency", Jobs told Obama

Here's a quote from the pages 544 and 545 of Steve Jobs, the ignominious biography of Steve Jobs written by Walter Isaacson. It shows how deeply Jobs understood the fundamentals of economics from a libertarian perspective while PhD, economics professors and MBAs are completely unable to see beyond the lies and nonsensical views of Keynesianism and Monetarism:
"You're headed for a one-term presidency", Jobs told Obama at the outset. To prevent that, he said, the administration needed to be a lot more business-friendly. He described how easy it was to build a factory in China and said that it was almost impossible to do so these days in America, largely because of regulations and unnecessary costs. 
Jobs also attacked America's education system, saying that it was hopelessly antiquated and crippled by union work rules. Until the teachers' unions were broken, there was almost no hope for education reform. Teachers should be treated as professionals, he said, not as industrial assembly-line workers. Principals should be able to hire and fire them based on how good they were. Schools should be staying open until 6 p.m. and be in session eleven months of the year. It was absurd, he added, that American classrooms were still based on teachers standing at a board and using textbooks. All books, learning materials, and assessments should be digital and interactive, tailored to each student and providing feedback in real time. 
I happen to agree on all those points.

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