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America’s Shift to an Insider Economy

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Financial Times: “Close ties between business and previous administrations have long fuelled a sense that America’s free market tilts towards well-connected elites. But this administration has normalised case-by-case dealmaking as a basis for policy and regulation. Under Trump’s transactional leadership, the returns to presidential access have rarely been higher.”

“This insider economy takes several forms. Those on good terms with the president over time tend to be first in line for deals… Others have found they need to scurry to placate the president to secure favourable treatment, or avoid his ire.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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