Trump Economic Advisor Reduces Workers to ‘Human Capital Stock’ (Rolling Stone link): While discussing whether the U.S. economy might recover this fall after the coronavirus downturn, a Trump economic advisor referred to the American worker as “human capital stock.”
|'Hassett the Asset'|
“Our capital stock hasn’t been destroyed, our human capital stock is ready to get back to work, and so there are lots of reasons to believe that we can get going way faster than we have in previous crises,” Hassett said.
Trump has moved ahead with attempts to cut food stamps during the crisis while Republicans in Congress have balked at passing a second stimulus package and are looking to phase out coronavirus-related unemployment benefits. Hassett was also asked about increasing funding for food stamps and said he hadn’t raised the topic with Trump, saying, “I have not discussed with the president.” Hassett also called the requests for additional funding coming from states “absurd” and “radical.”
A thoughtful and commonsense debate can be had about whether or not the funding requests from states are “absurd.” But calling human beings “stock” — especially as essential workers are putting their lives and bodies on the line right now — is undeniably absurd and heartless.