Daily Management Review

Trump comes up with a team of billionaires to advise him


08/08/2016


Donald Trump introduced his team of advisors on the economy. The US presidential candidate will be advised by 13 men, whose average income is at least "hundreds of millions of dollars".



Caricature by DonkeyHotey, flickr.com/photos/donkeyhotey
Caricature by DonkeyHotey, flickr.com/photos/donkeyhotey
US presidential candidate from the Republican Party, Donald Trump, introduced a team of advisors on the economy, consisting mainly of billionaires. The Washington Post says Trump’s economic consultants are 13 businessmen, whose average income is "at least several hundred million dollars". There are no women among them.

The group of economic experts is mostly comprised of the Republican’s politician friends and business partners. Among them are oil tycoon Harold Hamm, major investors in real estate Tom Barrak and Steve Roth, top hedge fund managers Steven Mnuchin and John Paulson, and some others.

According to The Washington Post, Trump’s choice questioned his populist campaign for salvation of middle-class Americans.

Meanwhile, supporters of ‘Better for America’ group expressed a desire to conduct an independent campaign before the US presidential election. Instead Donald Trump, the official Republican candidate, they want to nominate former CIA employee Evan McMullin.

In addition to the CIA, McMullin worked at Goldman Sachs bank, and then moved into chamber of Congress representatives, wrote BuzzFeed. McMullin now heads one of the departments of the Republican conference.

The 40-year-old former CIA agent previously harshly criticized Trump on social networks, calling the billionaire a "supporter of authoritarianism." Interestingly, McMullin studied at Wharton Business School, just like Donald Trump.

Experienced political expert and Republican Rick Wilson, also known as Trump’s critic, also intends to participate in the campaign.

McMullin wants to submit all the necessary documents for registration as a presidential candidate from the Republican Party by August 8. It is noted that the potential nominee is not confused with his own low popularity in American society.

Trump is promising introduction of tax breaks for the middle class, protection of the right to bear arms, reform of trade relations with China, care of veterans and holding immigration reform.

During his campaign to "exalt" America, Trump has made a number of provocative statements. He proposed to build a wall between the US and Mexico, because he thinks some "drug dealers and criminals" come from there, roughly spoke about women, offered to send all the Syrian refugees out from the United States and make registration of Muslims living in the country. The Street estimated that Trump’s immigration reform could cost $ 600 billion, and tax reform - $ 10 trillion.

According to the Huffington Post, Tim Cook (Apple), Larry Page (Google), Elon Musk (Tesla Motors and SpaceX) discussed alarming increase of Trump’s popularity among voters during a meeting at American Enterprise Institute. The candidate has already managed to call to boycott Apple for the company's refusal to help the FBI crack a terrorist’s iPhone.

The United States presidential electon will be held on 8 November. The Democratic Party nominated former US Secretary of State Hillary Clinton, currently supported by President Barack Obama.

source: washingtonpost.com