Politics

Trump: I Don't Want 'Poor Person' Running Economy

| by Michael Doherty
Donald Trump speaking.Donald Trump speaking.

President Donald Trump has courted controversy once again after saying that he doesn't want "a poor person" in a top economic role.

In an aside during a June 21 rally in Iowa, Trump spoke about why he had made the choices that he did for top economic positions, explaining that he "just [doesn't] want a poor person" in those positions, reports CNBC.

The explanation came after he introduced his chief economic adviser, Gary Cohn, who was formerly the president of Goldman Sachs, and Commerce Secretary Wilbur Ross, a billionaire investor.

"So, somebody said, 'Why did you appoint a rich person to be in charge of the economy?'" said Trump. "I said, 'Because that's the kind of thinking we want.' I mean, you know, really. Because they're representing the country. They don't want the money. They're representing the country and they had to give up a lot to take these jobs. They gave up a lot."

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Trump's Cabinet is one of the wealthiest in history, according to CNN. His Cabinet picks also include billionaire Betsy DeVos as education secretary, and Todd Ricketts, whose family owns the Chicago Cubs, for his deputy commerce secretary.

"And you get the president -- this is the president of Goldman Sachs. Smart. Having him represent us," added the president, who is reportedly a billionaire himself, during the rally.

"He went from massive paydays to peanuts, to little tiny -- I'm waiting for them to accuse him of wanting that little amount of money. They wanted that," said Trump. "But these are people that are great, brilliant business minds. And that's what we need ... We can't have the world taking advantage of us anymore."

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"And I love all people, rich or poor. But in those particular positions, I just don't want a poor person," the president continued. "Does that make sense? Does that make sense? If you insist, I'll do it. But I like it better this way, right?"

During the rally, the president also criticized Democrats for losing in recent congressional special elections, according to The Hill. He also blasted the media for failing to predict more victories for the GOP.

Democratic Sen. Ed Markey of Massachusetts disagreed with Trump on CNN's "Newsroom" the following day.

"Being rich doesn't mean that you have wisdom. It doesn't mean that you have compassion," said Markey. "It doesn't mean you understand the lives that most Americans are living."

Sources: CNBC, CNN, The Hill / Photo credit: Gage Skidmore/Flickr, Michael Vadon/Wikimedia Commons, 401(K) 2012/Flickr

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