President Trump adores businessmen. That's a problem.

Even the smartest businesspeople fail to understand some basic truths about America's economic policy

What works for business doesn't always work for macroeconomics.
(Image credit: Chip Somodevilla/Getty Images)

President Trump loves businesspeople.

Whereas the Obama White House relied heavily on people from academia, Trump has courted the input and good opinion of leaders in finance and industry. His Cabinet is full of wealthy corporate titans and Wall Street powerbrokers. And of course, Trump himself is a real estate mogul.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.