Caracal Founder + Chief Communications Strategist Marc A. Ross quoted…
While speaking to Metro Detroit's business community this afternoon, President Donald TRUMPcalled for credit card companies to place a 10% one-year cap on interest rates, previewed a "healthcare affordability framework" he's proposing next week, and further bashed the Federal Reserve.
MIRS spoke to Marc Ross, a Detroit-based geopolitical strategist, who is also the founder of Caracal Global – a geopolitical business communications firm.
Ross thinks one of the challenges Trump faces is that he's a total day-trader, not thinking long-term.
"He thinks very short-term, talking about the price of gas at the pump, rattling off all these weird data numbers. I think he doesn't do a good job of managing expectations, and he gets himself into trouble," Ross said, "The healthcare issue does need to be fixed, but that's not something that's going to happen in the next six months."
He said the Detroit Economic Club is one of the country's premier economic clubs, with the venue serving as a "really highbrow, kind of thought-leadership platform."
"This speech is more of a campaign-style speech. (It) wasn't totally appropriate. I think he missed an opportunity to kind of be a little more elevated, kind of lay out a grander vision where he's taking the country and the world," Ross said, "I think that was a missed opportunity."
