Steve Mnuchin Quotes
We're really going to be focused on economic growth and creating jobs, and that's really going to be a priority.
"Treasury Sec. Nominee Steven Mnuchin: We Are Going to Cut Corporate Taxes." Squawk Box, CNBC, 30 Nov. 2016.
At the time, the economy was virtually controlled by the banks and others in the finance, as opposed to businesses that produced things or provided non-financial services to consumers and business which was that had prevailed ever since the Great Depression, when New Deal legislation controlled the banks, stock markets, and other facets of the financial industry.
This surprising quotation, along with others a far from main steam American views (See {623830} ) assured her election defeat.
the Bolshevik Communists of Russia Zenzinov was often a critic of the Bolsheviks.
Foreign trade creates jobs and eliminates jobs. The people who lost jobs as the result of increased foreign trade are readily identified while the job beneficiaries may never know the reason. So it is a hard political sell even though most of the economic studies have showed that more jobs of more value are created by trade than lost. However, the losers are generally blue collar workers while the beneficiaries are generally white collar and knowledge workers. So there is a socioeconomic class differentiation in the trade issue.
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.