Scott Bessent, Howard Lutnick, Kelly Loeffler, and Linda McMahon all share two things in common. First, they were nominated by Donald Trump to serve in his new administration. Second, they are all exceptionally wealthy entrepreneurs—having made their fortunes by generating broad-based prosperity and contributing to creation or distribution of goods and services available to all Americans.
Instead of acknowledging that the vision and real-world skills required to achieve such financial success are assets that they bring to the job for the American people, Democrats were quick to criticize these picks. For example, the Democratic National Committee posted on its website, “Donald Trump Is Stacking His Cabinet With Out-of-Touch Billionaires.”
These picks, along with Trump’s newly formed alliance with Elon Musk, prompt the question: Should Americans be worried about…