If Donald Trump can do it, other billionaires should be able to, right? Be president that is. And Tom Steyer, a billionaire known for being a proponent of green energy despite owning coal interests, is rethinking his rejection of political aspirations. He’s looking at throwing his hat in the Democrat Presidential Hopeful circus ring.
Steyer held a private conference call last week to announce to people who work for Need to Impeach, NextGen America and Steyer’s Sacramento office that he was planning to run, according to one of the people.
There has been increasing chatter in recent months among those in Steyer’s circle about a potential run, according to two of the people, and one of the people said they expect him to talk a lot in his campaign about the economy given his background as a former hedge fund manager.
“He’s definitely focused on the [fact that the] economy is not as good as people are making it out to be,” said the person, who didn’t know the reason Steyer is making an about-face on his earlier decision.
“I think his heart’s in the right place. If he’s doing this, he’s got a reason behind it,” the person said. “He’s a very intelligent man.”
The economy is not as good as people are making it out to be despite several straight quarters of positive growth, hundreds of thousands of new jobs created in the United States since President Donald Trump’s election, millions of people no longer receiving public assistance in the way of food stamps due to now having jobs, record trading on Wall Street, and Steyer does not think the economy is good.
Okay. Maybe Steyer can do better, but as a proponent of the now defunct Paris Climate Accords and all sorts of environmental movements that real scientists seem to think are not necessary, one has to wonder if the Trump initiatives are hitting him in the wallet.