Quote:
Originally Posted by Clocker
From Wiki:
That doesn't say anything about his ability to promote good policy, but it does say that he knows how businesses and the market will react to changes in taxes or tariffs.
The other Trump adviser on trade and tariffs is Peter Navarro, a retired California professor, a liberal and a Democrat. His views on tariffs are generally rejected by economists across the spectrum, liberals and conservatives.
|
There is only one or two ways to become a top dog at Goldman Sachs --
one, being a successful trader and money shuffler and I am sure Cohn is one. That's really it in a nutshell.
Two, is the ability to corrupt and buy off stupid career politicians to institute the type of economic policy and 'free' trade deals between countries that benefited Cohn and his partners-in-crime bankers at Sachs and elsewhere.
It doesn't matter that all this was a net detriment to the working class and sovereign citizen. Again, it was a job I am sure Gary Cohn was capable of handling and doing well.
As for Peter Navarro --a liberal and a Democrat-- of course his tariff views are rejected by the entire compromised spectrum of elites mentioned.
Many benefited from the 43 years of successive US trade deficits, the transfer of billions and billions of wealth overseas, etc. It is simply a failed and corrupt economic policy they all own up to and
still want to continue. It is a PLUS that these crooks reject the likes of Peter Navarro.
PS--Gary Cohn is a liberal and a Democrat too.