Steve Mnuchin Quotes
I will use my expertise in technology to bring the IRS up to date.
United States, Congress, Senate, Committee on Finance. Hearing to Consider the Anticipated Nomination of Steven T. Mnuchin to be Secretary of the Treasury. Government Publishing Office, 19 Jan. 2017, p. 12.
A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. See related quotes for additional equally erroneous Krugman predictions.
Steven Terner Mnuchin is an American investment banker and film producer who served as the 77th United States secretary of the treasury as part of the Cabinet of Donald Trump from 2017 to 2021. Previously, Mnuchin had been a hedge fund manager and investor.