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Donald Trump Announces Team of Economic Advisors Which Includes No Actual Economists

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All Are Men, All But One Are White

Donald Trump has announced the members of his economic advisory team, and there is not a single actual economist among them. The list of fourteen people, all men, no women, and all but one are white men, includes 11 CEOs or corporation presidents, at least four billionaires, and nine who are involved in real estate, oil and gas, banking, and/or hedge fund management.

University of Michigan economics professor Justin Wolfers, as Think Progress just reported, took to Twitter to note that there are “no actual economists” on Trump’s list of economic advisors, what the billionaire businessman is calling the Trump Economic Advisory Council. And perhaps worse, “only two have studied economics beyond an undergraduate level.”

Wolfers, who is also a New York Times contributing columnist, and a senior fellow at the Brookings Institute and the Peterson Institute for International Economics, sums up Trump’s team as “a wreck.”

Daily Kos also offers a detailed look at the list, concluding, “there are a couple of Wall Street hedge fund billionaires, at least two mortgage fraudsters, America’s discount cigarette CEO, the king of crumbling strip malls, Nixon’s former lawyer who moved to Neverland, a fracking crazy oilman who attributes rising stock prices to Trump, a second generation Goldman-Sachs investment banker, and a corporate raider who profited from both the 2008 crash and 9/11.”

NEW: Trump’s New Advisor Suggested America Make ‘Peace With The Muslim World’ By Dropping An Atomic Bomb

The list of advisors includes Tom Barrack, Andy Beal, Stephen M. Calk, Steve Feinberg, Harold Hamm, Howard Lorber, Steve Mnuchin, John Paulson, Wilbur Ross, Steve Roth, Dan DiMicco, David Malpass, Stephen Moore, and Peter Navarro.

As many have noted, the list does include five “Steves.”

UPDATE:
Peter Navarro’s personal website states he is “a distinguished keynote speaker and corporate trainer,” and “holds a Ph.D. in economics from Harvard University and has been a business professor at the University of California-Irvine for more than 20 years,” which does not make him a professional economist.
Thomas Barrack’s bio at Forbes states he is the “grandson of Lebanese immigrants to Los Angeles,” and ThinkProgress has updated their article to note they “incorrectly identified Barrack as white.”

 

Image by Disney | ABC Television Group via Flickr and a CC license 

 

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OPINION

‘This Is for the People to Decide’: Jaw-Dropping CNN Supercut Lays Bare the GOP’s Stunning Hypocrisy on SCOTUS

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As the battle over replacing Supreme Court Justice Ruth Bader Ginsburg — who died Friday from complications of pancreatic cancer — takes shape in Washington, D.C., Republican senators who previously refused to hold a vote on former President Barack Obama’s Supreme Court pick are now having their words thrown in their faces.

CNN anchor Anderson Cooper on Saturday played a devastating supercut that features Sen. Ted Cruz (R-TX), Senate Majority Leader Mitch McConnell (R-KY), and Sen. Lindsey Graham (R-SC) explaining why they would not vote on Obama’s nominee to replace Justice Antonin Scalia in 2016.

“I want you to use my words against me,” Graham said in 2016 — laying out what Cooper described as an “eerily similar” situation as the one currently playing out in Congress. “If there’s a Republican president in 2016 and a vacancy occurs in the last year of the first term, you can say, ‘Lindsey Graham said let’s let the next president, whoever it might be, make that nomination,’ and you could use my words against me and you would be absolutely right.”

“We’re setting a precedent here today, Republicans are, that in the last year, at least of a lame duck eight-year term, I would say it’s going to be a four-year term, that you’re not going to fill a vacancy of the Supreme Court based on what we’re doing here today,” he added. “That’s going to be the new rule.”

In his own floor speech on the matter in 2016, McConnell likewise urged Congress to give the American people a say in the Supreme Court pick.

“The next justice could fundamentally alter the direction of the Supreme Court and have a profound impact on our country. So, of course, of course the American people should have a say in the court’s direction,” McConnell said.

Cruz — who was shortlisted by Trump as a potential SCOTUS pick earlier this month — also insisted in 2016 that Congress should not move to replace Scalia until after the election.

“I don’t think we should be moving forward on a nominee in the last year of this president’s term, Cruz said. “I would say that if it was a republican president.”

“President Obama is eager to appoint Justice Scalia’s replacement this year,” he continued. “But do you know in the last 80 years we have not once has the Senate confirmed a nomination made in an election year and now is no year to start. This is for the people to decide. I intend to make 2016 a referendum on the U.S. Supreme Court.”

Of course, all three men have now signaled they’re much more likely in 2020 to jam a conservative Supreme Court justice down voters’ throats on the eve of an election. After President Donald Trump on Saturday tweeted that the Senate has an “obligation” select a replacement for Ginsburg, Graham said he “fully” understands where the president is coming from.

In case that statement seems vague, the Senate Judiciary Committee chairman added: ”I will support President [Trump] in any effort to move forward regarding the recent vacancy created by the passing of Justice Ginsburg.”

And McConnell has also insisted “President Trump’s nominee will receive a vote on the floor of the United States Senate.”

And in perhaps the least surprising flip-flop of all, Cruz on Saturday wrote an opinion piece for Fox News that outlined 3 reasons why the Senate must confirm Ginsburg’s replacement before election day. In it, he touted Trump’s “list of extremely qualified, principled constitutionalists who could serve on the Supreme Court” — which, of course, included himself — and argued that going into an election with an 8 person bench could trigger a constitutional crisis in the event of a contested election.

Amazing how now of the senators were concerned with such a problem when Obama appointed his nominee.

Watch the video below to see the blatant hypocrisy for yourself:

 

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RIGHT WING EXTREMISTS

‘You Don’t See Any Hypocrisy?’ Chris Wallace Filets Tom Cotton by Replaying His Merrick Garland Speech

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Fox News host Chris Wallace accused Sen. Tom Cotton (R-AR) of hypocrisy on Sunday after he vowed to push forward with a vote to replace Supreme Court Justice Ruth Bader Ginsburg in an election year.

“Why the rush to judgement?” Wallace asked Cotton after the senator promised a swift vote on President Donald Trump’s eventual nominee.

“We’re not going to rush,” Cotton insisted. “We not going to skip steps. We’re going to move forward without delay.”

Wallace reminded Cotton that President Barack Obama named Judge Merrick Garland as his nominee after Justice Antonin Scalia died in 2016.

“Senate Republicans blocked the choice of Garland,” Wallace noted before playing a clip of Cotton defending the move at the time.

In the clip, Cotton notes that the country will have a new president “in a few short months.”

“Why would we cut off the national debate about this next justice?” Cotton says in the clip. “Why would we squelch the voice of the people, why would we deny the voters a chance to weigh in on the make up of the Supreme Court?”

Wallace continued following the clip: “Garland was nominated nine months before the election and you were saying then, nine months before the election, it was wrong to deny voters a chance to weigh in. So if it was wrong then nine months before the election, why is it OK now six weeks before the election?”

For his part, Cotton argued that Republicans won the Senate in 2014 to stop President Barack Obama’s judicial nominations, and then he claimed that the current Republican Senate is in power to uphold nominations by President Donald Trump.

“You really don’t think there is any hypocrisy at all,” Wallace pressed, “in saying, we need to give voters — because you can parse the 2014 election, the 2018 election any way you want — but you stated a pretty firm principle in 2016 about Merrick Garland: It’s wrong to deny voters a chance to weigh in.”

“You don’t see any hypocrisy between that position then and this position now?” the Fox News host wondered.

“Chris, the Senate majority is performing our constitutional duty and fulfilling the mandate that the voters gave us,” Cotton opined.

Watch the video below from Fox News.

 

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News

Trump Says He Will Make SCOTUS Nomination Next Week – Appears He Will Use Seat to Strengthen Where He Is Weak in Polls

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President Donald Trump says he will announce his nominee to replace Supreme Court Justice Ruth Bader Ginsburg “next week.”

He made clear his primary deciding factors will be to help him in the polls.

Trump told reporters Saturday afternoon “most likely” he will choose a woman.

CNN reports he is leaning towards choosing a woman mostly because he is doing poorly in the polls with women.

Trump spoke about two women judges. He talked about Barbara Lagoa, noting she is Hispanic and from Florida. He is struggling in the polls with Hispanics and in Florida.

Reporters also asked about Amy Coney Barrett, a far right wing anti-choice, anti-LGBTQ extremist. Trump spoke positively about her as well. Reports say she is the current frontrunner.

This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.

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