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cali

(114,904 posts)
Fri Aug 5, 2016, 03:43 PM Aug 2016

Trump has revealed his economic team. All men, all white, almost all rich as fuck

Republican presidential candidate Donald Trump on Friday announced a new team of ultra-rich financiers and businessmen as his core economic advisers, a move that brings high-profile names to his inner circle but also may step on his populist claims to save America's middle class.

The list includes strikingly few academic policy experts, usually the bread-and-butter of campaign policy teams. Instead, the advisory team of 13 men — and no women — consists largely of personal friends or longtime business associates of Trump. The median net worth of Trump's official economic advisers appears to be at least several hundred million dollars.

That wealthy group includes Harold Hamm, a self-made oil billionaire who was a top energy adviser to Mitt Romney's 2012 presidential campaign; Dan DiMicco, a former chief executive of steelmaker Nucor; Steven Mnuchin, Trump's national finance director, who is chairman and chief executive of the hedge fund Dune Capital Management; Steve Roth, founder and chief executive of Vornado Realty Trust; hedge fund billionaire John Paulson; Howard Lorber, chief executive of the Vector Group; real estate investor Tom Barrack; bankers Stephen M. Calk and Andy Beal; and financier Steve Feinberg.

The only academic economist on the team — the only one who has a doctorate in economics — is Peter Navarro of the University of California at Irvine, who focuses on trade with China, and who three times ran unsuccessfully for public office in San Diego. The leading tax expert is Stephen Moore, who founded the Club for Growth and was a longtime columnist for the Wall Street Journal. There's a former U.S. Senate candidate, David Malpass, who served in the Reagan and George H.W. Bush administrations.

<snip>

https://www.washingtonpost.com/news/wonk/wp/2016/08/05/donald-trumps-economic-team-the-ultra-rich-to-the-rescue/

Champions for working class Americans!


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Trump has revealed his economic team. All men, all white, almost all rich as fuck (Original Post) cali Aug 2016 OP
Rec'd for subject line alone underpants Aug 2016 #1
Yeah, they're really gonna promote the economic interests of The Con's base of low rent dimwits. 63splitwindow Aug 2016 #2
Tucker Dale vs Evil oberliner Aug 2016 #6
How many of them are Russian oligarchs? meow2u3 Aug 2016 #3
Wasn't John Paulson a character in The Big Short? oberliner Aug 2016 #4
And nearly half Steves! n/t TygrBright Aug 2016 #5
Probably did this to get more Wall Street backers. C Moon Aug 2016 #7
I'm shocked. Shocked, I tell you! Fritz Walter Aug 2016 #8
He's not here for the working or middle class HipChick Aug 2016 #9
I'm sure they will totally look out for everyone's best financial interest. unitedwethrive Aug 2016 #10
 

oberliner

(58,724 posts)
4. Wasn't John Paulson a character in The Big Short?
Fri Aug 5, 2016, 06:31 PM
Aug 2016

Isn't he the king of the subprime mortgage scandal?

Fritz Walter

(4,291 posts)
8. I'm shocked. Shocked, I tell you!
Fri Aug 5, 2016, 06:55 PM
Aug 2016

I fully expected to find Martin Shrekli, AKA Pharma Bro, on this list.

Perhaps Drumpf is saving him for the cabinet position of Health and (in)Human Services Secretary.

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