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Donald Trump's economic advisory team with John Paulson, and many businessmen from the hedge funds and financial industry- at odds with the image of being with Main Street

08/05/2016

The 2008 financial crisis hurt the prospects of older white Americans who faced higher unemployment. It also led to the rescue of the financial industry and rates dropping to zero hurting the savings of ordinary Americans, and as the FDIC's Sheila Bair pointed out not much done to rescue homeowners under water. During the 2008 election candidates John McCain and Barrack Obama, both had connections to the real estate and financial industry, to lobbyists for Fannie Mae and Freddie Mac, as cited in the media. This time is no different with Clinton and Trump both having connections to Wall Street yet seeking the support of ordinary Americans hurt by the 2008 financial crisis. The only difference is that Clinton faces a movement within her party led by Bernie Sanders that calls for a different approach this time. There is also little difference between the economic team that Jeb Bush put together in its connections to Wall Street with Columbia University Business School Dean Hubbard and that of Trump.

Grouped Articles

Donald Trump’s new team of billionaire advisers could threaten his populist message

Washington Post 08.05.2016

Donald Trump, Hillary Clinton Spar Over Economic Proposals

WSJ 08.09.2016

Trump’s Empire: a Maze of Debts and Opaque Ties

The New York Times 08.20.2016

If Trump Gets His Way, Real Estate Will Get Even More Tax Breaks

The New York Times 09.01.2016

Where Hillary Clinton and Donald Trump Stand on Wall Street

WSJ 09.16.2016

New Clinton, Trump budget numbers

POLITICO 09.22.2016

Donald Trump’s Business Decisions in ’80s Nearly Led Him to Ruin

The New York Times 10.04.2016

Donald Trump’s Tax Plan Would Boost Economy in Short Run but Not Long Term, Analysis Finds

WSJ 10.17.2016

Donald Trump’s Economic Plan, Up Close, Doesn’t Add Up

WSJ 10.18.2016

Trump Plans to Name Steven Mnuchin as Treasury Secretary

WSJ 11.29.2016

Donald Trump and Wall Street Make Up Quickly

WSJ 11.30.2016

Trump's billionaire cabinet could be the wealthiest administration ever

The Guardian 12.02.2016

Trump’s Economic Cabinet Picks Signal Embrace of Wall St. Elite

The New York Times 12.01.2016

Taxes Under Trump: Almost Everyone Pays Less and the Richest Pay a Lot Less

WSJ 12.02.2016

‘I’m Here to Help,’ Trump Tells Tech Executives at Meeting

The New York Times 12.14.2016

Aging Population, Stagnant Productivity Challenge Donald Trump’s Growth Plan

WSJ 12.04.2016

Opinion: Trump in offside position | Business | DW.COM | 12.01.2017

DW.COM 01.12.2017

Donald Trump’s Recent Policy Reversals Reflect Business Influence

WSJ 04.14.2017

Trump’s business advisory councils disband as CEOs abandon president over Charlottesville views

Washington Post 08.16.2017

Trump and the CEOs: Behind the Collapse of an Uneasy Alliance

WSJ 08.20.2017


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