Saturday, January 14, 2017

Why The Image Of The Great Economic Leader Is Dangerous

On Tuesday, Alibaba CEO Jack Ma, one of the richest men on the planet, met with President-elect Donald Trump at Trump Tower. After emerging from the meeting, he stood alongside Trump and announced: "We specifically talked about ... supporting 1 million small businesses, especially in the Midwest of America. Small businesses on the platform selling products — agriculture products and American services — to China and Asia because we're pretty big in Asia."
Photo: Timothy Carly, AFP/Getty Images
Trump shook Ma's hand in front of the cameras and announced, "Jack and I are going to do some great things," before shaking hands.
This is good news, obviously. Bringing investment to the United States is worthwhile, and opening trade is excellent. The minipresser was skimpy on details, as most of Trump's economic big-win meetings have been. What does Ma get in return for the headline? Or is he simply moving toward investment in the United States on the basis of broad-based economic policy, including deregulation, from Trump?
There is one big problem with photo ops like this: They promote the myth that great men run the economy.
Read the rest from Ben Shapiro HERE.

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