President Trump’s Cabinet a Visionary “Dream Team” = Business
$DIA,$SPY, $QQQ, $VXX
With our new President comes his new Cabinet; these men and women tasked to Making America Great Again.
We are now 2 weeks into the Trump Administration, and it is very clear now that President has surrounded himself with a Cabinet people that get things done. They are men and women determined to run the federal government with the results driven purpose of a business and America First.
This is in stark contrast to the prior administration.
Former President Barack Hussein-Obama’s Cabinet was light on private sector experience justified by Mr. Hussein-Obama’s belief that the recession it inherited was caused by private industry, which it was not.
In Y 2010 it was reported that just 28% of Mr. Hussein-Obama’s Cabinet had any experience in the private sector. The majority of his appointments had background in Academia, Advocacy, and Government service, most not known for accountability, customer service, and institutional innovation.
Now we have The Trump Team.
According to the Pew Research Center, the Trump Administration has as much private sector experience as any in American history, as 5 members of The Trump Cabinet have spent their entire careers in the business world, not clouded by government experience.
This signals that President Trump will be managing the government with a keen emphasis on results.
Donald Trump has surrounded himself with Cabinet Secretaries who are accustomed to meeting the demands of shareholders or customers, who know that their tenure is contingent upon performance, and who realize failure comes with consequences.
Such demands are foreign concepts in government work, where “good intentions and how much money is thrown at a problem are more important than positive outcomes.”
President Trump’s Cabinet recalls that of the 2 most successful Republican Presidents in modern memory, General Dwight D. Eisenhower and Ronald Reagan.
DDE oversaw a Cabinet of 9 millionaires and a former leader of a Plumbers’ Union, and RR whose Cabinet formerly, had a very high percentage of private sector experience.
President Trump’s Administration is on of “doers” with goals and experiences aligned with those of our President.
We all know that President Donald Trump means business, America First.
Thursday, the US major stock market indexes finished at: DJIA -6.03 at 19884.91, NAS Comp -6.45 at 5636.19, S&P 500 +1.30 at 2280.85
Volume: Trade was heavy on the NYSE, with 1.04-B/shares exchanging hands.
- NAS Comp 4.7% YTD
- S&P 500 1.9% YTD
- DJIA +0.6% YTD
- Russell 2000 unch YTD
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