Trump's New Administration Has a Pattern: Business Experience Over Career Bureaucrats
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Episode Description
Full episode: https://youtu.be/9p-vCUB5AA8
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Brief Summary
Business leaders in government can improve economic management, contrasting Republican and Democratic approaches.
Key points
- Business Leaders in Government. A significant number of business professionals are motivated to work in administration.
- Challenging Traditional Views. The speaker argues that successful business people should lead in government roles.
Transcript
I think this is the first time that I can remember where such an enormous number of business people have been motivated to come and work inside of the administration I think that the Democrats would never have assembled a group of people like this even though the Democratic party has a version of this chart that they could have made the problem is that they believe it's deeply unfashionable to get strong competent business people to take a pause in their business career and come work in government and you almost look down on people that are success whereas the Republican alternative Here If it creates a movement so to speak so that subsequent presidents tap folks on the
shoulder I think we'll be much better off and the reason is pretty simple I think that the United States economy is too complicated to be managed by theoreticians by folks with random phds and absolutely no working experience in the real world and when you bring those people in to oversee those phds I think you probably get better outcomes so I hope this becomes a standard which is ask these very talented clearly demonstrated successful people with judgment to hit the pause for a year or three or five whatever it is step into government help the country and then go back
