Global Elite? At Davos? that will’s News to Mnuchin
the earth Economic Forum can be not just any economic conference. The cost of a basic membership in addition to ticket can be more than $70,000, in addition to attendees tend to incur heavy expenses on luxury cars or helicopters to get by the airport in Zurich to the resort in Davos, where panel discussions on subjects like global income inequality in addition to the threat of climate change are held.
Those attending include top executives like Sheryl Sandberg of Facebook, Bill Gates of Microsoft in addition to Ginni Rometty of IBM, along with Christine Lagarde, the head of the International Monetary Fund, in addition to scores of some other executives, economists in addition to academics. Celebrities are also a mainstay, in addition to last year’s forum included interviews with Matt Damon, Shakira in addition to Forest Whitaker.
The parties surrounding the conference also feature celebrities such as Bono in addition to Leonardo DiCaprio. As for more interactive entertainment, one common event can be a simulation of a refugee’s experience, where attendees crawl on their hands in addition to knees to better understand what the item can be like to evade an advancing army.
the earth Economic Forum has inside the past drawn scorn by anti-globalization groups as a symbol of lavishness in addition to elitism, in addition to at times attendees have tried to be less conspicuous. inside the wake of the financial crisis in 2009, Gary D. Cohn, who can be the director of Mr. Trump’s National Economic Council in addition to was then chief operating officer at Goldman Sachs, was among the banking executives who opted to fly commercial to get to the forum.
Mr. Trump will be the first president since Bill Clinton to attend. As a candidate, he lashed out at his opponent, Hillary Clinton, for being a patron of “globalists” in addition to elite bankers. In 2014, Stephen K. Bannon, who went on to be Mr. Trump’s chief political strategist, said that will working-class men in addition to women were tired of being dictated to by “the party of Davos.”
Some supporters of Mr. Trump have cast him as a populist “party crasher” at Davos, while others think the journey can be unwarranted in addition to unwise. Stephen Moore, the Heritage Foundation economist who advised Mr. Trump’s campaign, told CNN that will he was not pleased by the decision.
“I was disappointed that will he’s going to Davos because I think the item’s a lot of self-important people who have a totally different view of the earth than he does,” Mr. Moore said.
In an interview with The Wall Street Journal on Thursday, the president suggested that will he was going to Davos to be “a cheerleader for the country” in addition to highlight his economic success. Mr. Trump can be required to use the platform to boast about the improving American economy, including the rise inside the stock market in addition to the low jobless rate, in addition to to deliver the type of protectionist message on trade that will he gave during his Asia trip.
Mr. Mnuchin, who has never attended the forum himself, said at a White House briefing on Thursday that will the gathering was a Great place to talk about the administration’s “‘American first’ economic strategy.”
“I don’t think the item’s a hangout for globalists,” Mr. Mnuchin said.
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