Tags: Financial Markets | doug schoen | democrats | needs wall street

Dem Strategist Praises Trump's 'Titans of Wall Street'

("The Cats Roundtable"/Soundcloud)

By    |   Sunday, 22 October 2017 09:35 AM

Democratic strategist Doug Schoen praised President Donald Trump's "titans of Wall Street" for giving the White House, American people, and Republican Party what the Democratic Party just does not: jobs, confidence, and prosperity.

"Democrats need money; they need Wall Street money," Schoen told "The Cats Roundtable" on 970 AM-N.Y. "Wall Street is the engine that creates jobs. You can't create jobs by just redistributing yourself out of problems. You can't just tax the rich and expect that magic things will happen.

"We need to incentivize Wall Street to invest, to create jobs, and to grow our economy."

Schoen, the strategist for former President Bill Clinton and former New York City Mayor Michael Bloomberg, fears the Democratic Party going too far left and anti-Wall Street with Sen. Bernie Sanders, I-Vt., and Rep. Elizabeth Warren, D-Mass.

"If we're so afraid of Wall Street – goodness gracious, we've got a plutocratic president in Washington," Schoen told radio host John Catsimatidis, pointing to White House advisers of Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, and National Economic Council chief Gary Cohen.

"These are titans of Wall Street … It inspires confidence. If there's confidence in Wall Street, the markets go up –– good for America, good for Wall Street, and good for ordinary people."

The Democrat party needs to end its crusade against Wall Street, growth, and prosperity, Schoen said, before painting his utopian Democratic candidate:

"Socially progressive, fiscally conservative, know how basically to manage a buck and make a buck, that's what we need in the Democratic party," he added. "We've got that in the Republican Party, but we need Democrats standing up for our economy, for investment, and for Wall Street. . . .

"Divided we fail, together we thrive."

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Democratic strategist Doug Schoen praised President Donald Trump's "titans of Wall Street" for giving the White House, American people, and Republican Party what the Democratic Party just does not: jobs, confidence, and prosperity."Democrats need money; they need Wall...
doug schoen, democrats, needs wall street
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2017-35-22
Sunday, 22 October 2017 09:35 AM
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