Tuesday, March 6, 2018

Economic Advisor Cohn Abruptly Quits [UPDATED]


The White (Supremacist) House's National Economic Council director Gary Cohn resigned this afternoon after losing an internal battle over the imposition of import tariffs on steel and aluminum announced by con man and Very Stable Genius Donald "Rump" Trump. Cohn had come close to resigning last summer, after Rump's "very fine people" remark about neo-Nazis and white supremacists marching in Charlottesville, VA. He was also on the losing end of several fights over economic and other issues:
"Earlier in the administration, Cohn found himself on the losing side of several contentious battles with Trump’s more nationalist-minded aides — including then-chief strategist Steve Bannon — on policies including the announcement of plans to pull the United States from the Paris Climate Agreement.

Cohn had also hoped to steer more than $1 trillion into infrastructure investments. But the multiple rollouts by the Trump administration failed to gain traction, often overshadowed by controversial statements made by the president himself."
Cohn's resignation came just hours after a delusional Rump, denying widespread reports of "chaos" and low morale in the West Wing, said that:
"Everybody wants to work in the White House....They all want a piece of that Oval Office. They want a piece of the West Wing. And not only in terms of, it looks great on their resume — it's just a great place to work....So many people want to come in. I have a choice of anybody."
The problem with that is that fewer and fewer people want to choose him.

UPDATE: The stock market's worried.

3 comments:

  1. Cohn stood up at first and then was dumped on repeatedly until he finally couldn't fight any longer. I think he believed that he could keep the economics afloat, but with Trump stomping all over policies, Cohn broke. The tariffs may have been that last straw.

    I dread seeing who Trump puts in his place.

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  2. donnah -- There's no credible, decent person clamoring to join this corrupt and dysfunctional crew. We would have more respect for Cohn if he had resigned after Trump's comments after Charlottesville, but at least he found his limit now.

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  3. I realize I may have presented him in a better light than he deserves. He was probably holding out for his Goldman Sachs stocks to be in better shape before leaving. And yeah, the Charlottesville event was shameful for him, too. Face it, there are no noble characters in Trump's administration.

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