The global economy is under attack by the Trump administration. Trump believes the United States is not being treated fairly on the world’s economic stage. Donald wants to remove taxes on exports and impose heavy taxes on imports. If Trump succeeds, the global economy will go into a tailspin. Countries around the world will impose taxes on American goods, and consumers will pay the price. It is true. Global economic reform is needed to balance the global capitalistic system, but Trump’s ideas are not shared by very many economists. In fact, most economists say Trump’s global economic policies will create a recession in the United States and abroad. George Soros, the economic reformer, and social justice pundit thinks Trump is a menace and must be stopped. Soros has enough money and power to slow down the Trump economic agenda. Soros is considered one of the people that know how to fix the global economic situation. According to Discover The Networks, George Soros has donated $5 billion to organizations that share his economic viewpoint.
Global economic reform is a difficult mission. China and India are the countries fueling global economic growth, but China is in the middle of a financial crisis, and India is losing some of its appeal on the world stage. Mexico is another contributor to global growth, but Trump has slowed economic growth in Mexico because of his attacks on the country. The European Union is in trouble financially, and Brazil, Russia, and South Africa are experiencing deep recessions. When emerging and advanced markets are analyzed in terms of future economic growth, the results are disappointing. That’s why George Soros wants to stop Donald Trump from exacerbating the global economic situation. Soros wants China to clean up its banking mess, and he wants the European Union to change the way it handles the migration crisis. Soros also wants the United States to reduce the tax burden on imports, in order to level the global economic playing field. But accomplishing those things will take an enormous amount of support from countries around the world, and Trump is blocking that support. Read this story about George at Politico.com.
George Soros is invited to the Davos Economic Summit every year to speak about the global economic situation. Soros isn’t shy when it comes to telling world leaders that a major recession is coming and it will be worse than the 2007 meltdown. Trump’s proposed policies could be the catalyst that sends the world into a recession. Soros is clear when it comes to his feelings about Trump’s policies. Soros is supporting more than 187 organizations that want to stop Trump from turning the world into an economic disaster. Only time will tell if Soros is successful, but Soros has a successful track record, and his record won’t change as long as he is alive.
Learn more about his profile at Forbes.com.
Betsy DeVos is the present US Secretary of Education; she is also a businesswoman, activist, politician and philanthropist. I discovered that Betsy is well known because of her advocacy on school voucher programs, school choice, charter schools and links to the Reformed Christian Community. She is married to Dick DeVos, former CEO of Amway, a multi-level marketing company. Betsy DeVos and her husband are involved in philanthropy activities through the Dick & Betsy DeVos Family Foundation. The foundation was launched in 1989 and their giving is motivated by their faith, as I read on their website. The foundation’s philanthropy is centered on cultivation of leadership, accelerate transformation and leverage support in a number of crucial areas: arts, education, community, leadership and justice.
Betsy DeVos’ Philanthropy Work and Financial Giving
Among the wealthy persons in West Michigan, nobody derives their social clout from the car they drive or clothes they wear. The influence that a wealthy person from this area gets comes from how much you give out. The DeVos family name is at the pinnacle of West Michigan’s social clout amongst other philanthropy-mined and wealthy families like Meijer and Van Andel, according to an article I read. The DeVos family has finally shed a light on the total amount of money they have given for charity. The total amount they have given in their lifetime is almost $1.2 billion. This was the amount that the family foundation reported to Forbes, which had ranked the family at number 20 on its Top 50 list of givers in 2014, the five DeVos family foundations had donated $94 million that year. Read more news on Los Angeles Times.
Dick and Betsy DeVos Family Foundation Financial Giving
Dick and Betsy DeVos Family Foundation, based in Grand Rapids, Michigan, giving constitutes a long record of support to school choice in the state. The foundation gave out over $10 million in 2015 to various organizations and also pledged an additional $3.2 million in form of grants to be paid later. The foundation approved a $400,000 funding for the Louspeaker Media Inc., thereby assisting Campbell Brown, a former CNN anchor to launch, The 74, an education site. The foundation donated $150,000 to the Success Academy Charter Schools in 2015 and promised another similar amount in future. The GREAAT Schools, Inc., a not-for-profit contract school management corporation, received $5,000 from the foundation. The Potter’s House in Grand Rapids received $200,000 and $100,000 went to the non-profit Alliance for School Choice. I also read that the University of Maryland College Park Foundation received $500,000.
About Betsy DeVos
Betsy DeVos received a B.A. degree from Calvin College in Michigan, before that she had attended the Holland Christian High School. Both these institutions were Christian Reformed Schools. She is a former Chairperson of The Windquest Group. She is married to Dick DeVos and together they are blessed with four children and five grandchildren. Visit Betsy’s website at betsydevos.com.