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Will the U.S. Become More Financially Stable with More Financial Experts in Office?

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President Trump referred to ‘draining the swamp,’ during his campaign, and what he meant by that statement was that he intended to rid the Oval office of corruption. Politicians, lobbyists, and other influential people involved in politics in Washington, D.C., have a lot to gain by being closely associated with certain people. If you are able to gain an audience with the right people, you might be able to get invited to certain events or even win a lucrative contract with the government. It’s sort of an open secret that politicians in power neither confirm nor deny too often.

Online masters in political science students can usually look at a list of donors to a particular politician or political organization and see how certain ensuing appointments or even changes in policy link up to financial backing. In turn, Trump has hired a lot of people that he did business with as a New York City real estate developer within the executive office and proponents want to know if financial experts can really make good decisions for the country.

Is It a Question of Ethics?

Back in 2009, a number of prominent U.S. banks were bailed out by the U.S. Treasury, and subsequently, taxpayers, because they were on the verge of collapse. Strangely enough, a lot of the former heads of these same banks have received appointments by President Trump. Sure, a former banker at Goldman Sachs might know how to make money from the stock market, but he or she may not have much political savvy. If it was Trump’s intention of ‘draining the swamp,’ then why does it seem like the same type of folks are ending up with an untold amount of power?

Following the Money

During a presidential election, both candidates need the support of donors to advertise, campaign and make an impression on citizens. Hillary Clinton started off a huge amount of financial backing from the Democratic National Committee. Trump drained behind, with fewer Republicans willing to invest in a candidate with no political experience and a platform that screamed exclusion. After Trump’s message became more divisive, he seemed to gain more support and bigger donations. Those with a masters in political science online can see how Trump gained the support of fringe groups that have questionable goals and beliefs, and it appears that many of the people the president is employing appeal to their sensibilities.

Growing Taxes and Health Insurance Rates

The first thing that many have noted is that social welfare programs in the U.S. are being cut. Programs meant to project the poor, indigent and disabled are being stripped to bare bones. From HUD to Social Security, people living on a fixed income are having to do more with less. On the other hand, there’s talk of securing tax cuts for the riches 10% in the nation, which makes it seem as if the financial experts who were recently appointed by Trump are looking out for themselves more than the nation as a whole.

Having people close to the president who understand inflation can help to keep the country from going into a recession. They can also help the president to etch out international trade deals that are to the country’s benefit. What they should also be doing is looking at citizens as individuals instead of as broken down into monolithic groups.

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Michael Booker

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