Dear Workers of the World: You're Viewed As Simply ‘Human Capital Stock'
Rolling Stone - May 25, 2020
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.”
Senior White House Economic Adviser Kevin Hassett made the wildly insensitive remark, first flagged by Aaron Rupar on Twitter, on Sunday after CNN’s Dana Bash asked whether unemployment numbers would remain in double digits come November.
“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.
Calling people “stock” is next level apathetic, and the way Hassett used the term so casually lines up with the lack of empathy shown to the victims of the coronavirus by Trump’s administration and Republicans since the crisis began months ago.
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.” ...
Read full report at Rolling Stone