Heritage Foundation economist and Trump economics adviser Stephen Moore (Screen cap).
Donald Trump’s top economic advisor Stephen Moore on Tuesday demonstrated an apparent lack-of-knowledge of just how insurance works, telling CNBC’s John Harwood “people want insurance for their own families, not other peoples.”
Moore was explaining why it’s unfair to have an insurance system where healthy people subsidize sick people.
The Internet on Tuesday was not impressed by Moore’s statement, noting the top Trump advisor appears to not understand what insurance means:
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