While the media has declared open season on President Donald Trump, few if any pundits or journalists are investigating the administration’s positive effects on America’s economy.
After all, the unemployment rate is down and jobs are being created. But where is this economic magic coming from?
Much of this success can be attributed to Carl Icahn. If you are not familiar with Icahn, you can blame the mainstream media for failing to shine the spotlight on Trump’s financial guru.
Who is Carl Icahn?
Donald Trump appointed Carl Icahn to the post of “special adviser to the president on regulatory reform” back on Dec. 21, 2016. The president selected Icahn to help the nation break free from the stranglehold of crippling economic regulations, noting these restrictions have made it difficult for the country to recover from 2007’s “Great Recession”.
Icahn is the perfect man to help deregulate our economy, and brings a strong insider perspective. He amassed a fortune through savvy corporate takeovers and subsequent sales. His skills as a “corporate raider” are a testament to his economics, finance and business savvy.
This knowledge propelled him up the list of the wealthiest Americans. He ranks 26th on the list, with assets nearing the $16 billion mark.
Trump is smart to tap into Icahn’s in-depth understanding of economics. The adviser is revered throughout corporate America and investment circles as one of the smartest businessmen of our generation. He has a knack for analyzing industries, pinpointing value and determining how to boost the bottom line.
About Icahn’s New Post
Icahn’s new White House appointment is not an official job. This is due to the fact that Trump appointed Icahn to the position when his status was president-elect. As a result, Icahn is still a private citizen. However, he functions in a capacity similar to that of a policymaker or administration official.
Icahn helped Trump vet two Cabinet nominees: Jay Clayton, the Chairman of the Securities and Exchange Commission and Scott Pruitt, the Environmental Protection Agency Administrator. His extensive knowledge of the energy sector, the oil industry in particular, will help him suggest alterations that benefit the American economy as a whole.
As an example, Icahn has already recommended several regulatory alterations to EPA policies that would promote business activity and ramp up hiring.
Icahn excelled in academics at an early age. He was accepted to Princeton University where he studied philosophy. He later enrolled in medical school before enlisting in the Army. Afterward, he would eventually specialize in finance.
It is clear that this is a well-rounded, worldly man with sincere intellectual curiosities, vast life experience and a passion for the stars and stripes. Icahn really is the personification of the American Dream.
Two Kids from Queens
A little-known fact: Trump and Icahn grew up in the same neighborhood. However, this is not to say these two power brokers have known one another since youth. Icahn is a full decade older than Trump, and grew up in a household headed by a cantor while Trump’s father was a wealthy real estate developer.
Icahn was heavily involved in deals during the aftermath of Trump’s Atlantic City Taj Mahal casino bankruptcy. The two competed head-to-head at that point in time. Icahn emerged as the buyer of the casino and eventually closed it in 2016.
These two “kids from Queens” respect one another as business professionals and also as men. If there was any bad blood, Trump would not have considered Icahn for the special adviser post.
Icahn was one of the first “rain makers” to publicly endorse Trump for President. He heaped on the praise back in 2015 before most people considered Trump to be a serious candidate for the highest office in the land. Icahn was quoted as saying a Trump presidency was necessary to “wake the country up”.
The Economic Guru America Desperately Needs
Icahn is the perfect sounding board for Trump. Icahn will certainly present economic ideas of his own to deregulate the economy, stimulate business expansion, promote hiring and put America first. Yet he will also review Trump’s economic ideas with a fine tooth comb.
The financial adviser has extensive knowledge of economics as well as its relationship with government. He knows the SEC, trading commissions, the EPA and myriad of other financial and government agencies inside and out.
Icahn just might be the unsung hero the America needs to continue its emergence from the decade-long slump induced by Barack Obama’s flawed economic policies and regulations.
~ Conservative Zone