Bad Idea of the Year: Billionaires pledge $125 billion to Bill Gates charity drive

Although I respect Bill Gates and Warren Buffett’s past accomplishments, this attempt by them to get billionaires to pledge $125 billion to charity is not the best use of our billionaires talents. Although there are many worthwhile charities, the greater good for this country would be served by creating sustainable, long-term jobs. It is these “good jobs” that the people want and need. Nurturing new businesses that create these jobs is a natural match for some of these billionaires. In my opinion these billionaires have a much greater chance of creating good jobs than any charity or government program.