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Gary Cohn to Resign as Trump’s Top Economic Adviser
New York TImes ^ | 3/6/2018 | KATE KELLY, MAGGIE HABERMAN and PETER BAKER

Posted on 03/06/2018 2:41:22 PM PST by CaptainK

ary D. Cohn, President Trump’s top economic adviser, plans to resign, becoming the latest in a series of high-profile departures from the Trump administration, White House officials said on Tuesday.

The officials insisted there was no single factor behind the departure of Mr. Cohn, who heads the National Economic Council. But his decision to leave came after he seemed poised to lose an internal struggle amid a Wild West-style process over Mr. Trump’s plan to impose large tariffs on steel and aluminum imports.

“Gary has been my chief economic adviser and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again,” Mr. Trump said in a statement to The New York Times. “He is a rare talent, and I thank him for his dedicated service to the American people.”

Mr. Cohn is expected to leave in the coming weeks. He will join a string of recent departures by senior White House officials, including Mr. Trump’s communications director and a powerful staff secretary.

(Excerpt) Read more at nytimes.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: 4dchess; aluminum; cohn; garycohnresigns; goldmansachs; goldnansachs; maga; resignation; steel; tariffs; triplechess; trump; trumpeconomy; trumptariffs; trumptrade
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To: CaptainK
Oh, SH!T.

Now Trump will NEVER win on Super Tuesday!

...oh wait.

61 posted on 03/06/2018 4:31:16 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: bigbob

There is NOTHING to fear in a trade war when we are bleeding $800 BILLION EVERY YEAR in trade deficits.

Actually if a trade war indeed is started by China & EU & anyone else, Their UNemployment rates will rocket up. We will again have middle class manufacturing jobs.

I am old enough to remember when I paid $300 (inflation adjusted) for a pair of Florsheim dress shoes. But the average wage in our manufacturing plant was $80/hr (inflation adjusted). So we all could afford to buy American made stuff, which used to be excellent quality.


62 posted on 03/06/2018 4:31:24 PM PST by entropy12 (30 Million low wealth, low skill LEGAL chain migrants in 25 years is 60 times worse than DACA)
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To: CaptainK

great!


63 posted on 03/06/2018 4:37:14 PM PST by dadfly
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To: beergarden

Thank you for telling his dirty lil secret. No more secrets for him!


64 posted on 03/06/2018 4:37:43 PM PST by ssfromla
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To: CaptainK

President Trump,

I will be your economics advisor, but for double the pay.

Mr. Cohn supported destructive Carbon taxes and America Last, for which he properly got the boot. So he was only worth half the price.


65 posted on 03/06/2018 4:38:25 PM PST by TheNext
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To: SpeedyInTexas

Bump


66 posted on 03/06/2018 4:48:24 PM PST by Boardwalk
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To: grey_whiskers

Heh. Here’s my opening. I was always doubtful, let’s say, of Trump. The first I knew of him was from his Atlantic City casino. Well, he survived that by bailing out ... OK. Then Trump Tower appeared in Chicago, so okay, staying power.

But the one moment that got me on his side was from his TV show. I happened to be watching a segment when some snippy girl intern laid into a hapless boy intern for passing out large water bottles at a meeting, because they were “too big.” The guy was like, “Aw come on.” The girl followed it up with an outline that it was awkward, distracting, whatever.

Trump listened to this then said, to her, “You know, you’re right.” Then to the guy, “You’re fired!”

You know, she WAS right! Trump scored big with me there, however trivial such matters may be!


67 posted on 03/06/2018 4:50:19 PM PST by dr_lew
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To: zeestephen

So what? People don’t work out, or they leave, they’re gone.

You seem upset. Did you vote for Cohn or Trump?


68 posted on 03/06/2018 4:51:49 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: relee

No fear


69 posted on 03/06/2018 5:06:57 PM PST by SoFloFreeper
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Good. There was nothing about that guy that screamed MAGA


70 posted on 03/06/2018 5:12:55 PM PST by proust ("The rule is, jam tomorrow and jam yesterday, but never jam today.")
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To: CaptainK

Trump fires Cohn. I guess we will need another Special Counsel.


71 posted on 03/06/2018 5:53:26 PM PST by kabar
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To: entropy12
In a trade war, the only countries which lose are those with trade surplus. This is so elementary, I can not believe the career politicians are trying to scare us. I guess their handful ultra-rich donors are not happy because they have invested Trillions in foreign countries to exploit cheaper labor.

Nailed it. The US is the world's biggest and most lucrative market. What country wants to cut off its nose to spite its face? The US has all the leverage and finally we have a President willing to use it.

72 posted on 03/06/2018 5:56:44 PM PST by kabar
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To: CaptainK

Word on radio news was that it was a result of an internal dispute over free trade. No biggie.


73 posted on 03/06/2018 6:04:11 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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To: CaptainK

How would Kudlow do in that job?


74 posted on 03/06/2018 6:08:20 PM PST by MayflowerMadam (Have an A-1 day.)
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To: CaptainK

AMF, Enjoy the Hamptons. Leave us normals alone.


75 posted on 03/06/2018 6:15:39 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: nickcarraway

You have a brain?


76 posted on 03/06/2018 6:16:14 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: zeestephen

Unlike the perfect you that has never hired a mistake, Trump corrected his.


77 posted on 03/06/2018 6:17:21 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: CaptainK

Buh bye.


78 posted on 03/06/2018 6:18:33 PM PST by Basket_of_Deplorables (SEDITION! Obama DOJ colluded to try overthrow the President!)
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To: DoodleDawg
Even without the impending trade war,

He dip stick we've been in trade war for decades. Are you dumb or just stupid?

79 posted on 03/06/2018 6:18:37 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: entropy12

Your posts have been great lately. I am a fan.


80 posted on 03/06/2018 6:20:41 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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