Posted on 12/18/2016 11:38:09 PM PST by 2ndDivisionVet
One of Donald Trump’s biggest and most urgent challenges is to usher Americans out of the post-2008 slow-growth world — without ushering the economy off a cliff. His meeting last week with top Silicon Valley executives was one key part of a larger strategy, one that will also impact Wall Street.
To face perhaps the biggest domestic test of his presidency, Trump needs to rebalance our economic leadership away from the intangible, bubble-prone worlds of speculative finance and “apps for everything,” toward concrete investment, production and innovation that can make the future great again.
Trump needs a full-court economic press, unleashing fracking as well as a revolution in viable alternative energy; supplementing broad tax and regulatory reform with increased infrastructure spending and job creation.
To get the economy out of its current unbalanced state, Trump should mobilize the productive power of technology in the real world — rather than favoring the speculative business models with narrowly distributed results that have held sway over much of Wall Street, and some of Silicon Valley itself, since 2008.
Fortunately, Silicon Valley’s top moguls seem open to helping Trump pull off this pivot. Jeff Bezos, Tim Cook, Larry Page, Eric Schmidt and Sheryl Sandberg all accepted Peter Thiel’s invitation to Wednesday’s gathering at Trump Tower. “Anything we can do to help this go along,” Trump told them....
(Excerpt) Read more at nypost.com ...
coolest part of these meetings is the board room that these hacks have to sit at.
sorry but goldman sachs will kill trump off more than the grahams and mccains.
I don’t believe that’s true.
Looking at Trumps cabinet picks, he’s picking secretary’s for war and I saw the man campaign with everything for a year straight. Right up to the election itself.
You don’t do that when you’re a Billionaire and you want to sell out to Wall street.
Trump knows you don’t eat the goose that lays golden eggs. There are those even at Goldman who know the same thing. If we don’t turn this country around and get a firm footing in the real world we will make Greece look like a kindergarten party
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