2016 Postmortem
Related: About this forumTrump 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.
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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!
underpants
(182,826 posts)63splitwindow
(2,657 posts)oberliner
(58,724 posts)What a film!
meow2u3
(24,764 posts)a.k.a., his creditors?
oberliner
(58,724 posts)Isn't he the king of the subprime mortgage scandal?
TygrBright
(20,760 posts)C Moon
(12,213 posts)Fritz Walter
(4,291 posts)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.
HipChick
(25,485 posts)What's wrong with you?