Wall Street Billionaires To Advise Trump On Populist Economics

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Excellent. Donald Trump has introduced his blue-chip economic advisory team:

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…. Dan DiMicco, a former chief executive of steelmaker Nucor…. Steven Mnuchin…. chief executive of the hedge fund Dune Capital Management…. Steve Roth…. Vornado Realty Trust; hedge fund billionaire John Paulson…. 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.

….Trump’s outsider crew at times conflicts with his message of economic populism….His team is filled with hedge fund managers, bankers and real estate speculators.

A whole bunch of Wall Street billionaires plus Stephen Moore, an annual contender for stupidest man in the world. This fits Trump perfectly, especially since he’s not going to listen to any of them anyway. Why should he, after all? He knows more about how the economy works than any of them, believe me.

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And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

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