Are rich people really that smart?

Donald Trump fires his breakfast.

Donald Trump fires somebody, anybody.

The subtext of this New York Times story on big donors’ desire to advise presidential campaigns is that maybe they don’t offer the best advice. Consider this “zinger” that Julian Gingold gave Scott Walker:

“I mentioned that Trump had dinner at the 21 Club in New York with Oliver Stone. The message would get across that he had dinner with a leftist — what sort of conservative are you?”

Dinner with a leftist! It’s the scandal of the season, until Mike Huckabee plays softball with an atheist. Similarly, the Times reports that media mogul Stanley Hubbard was trying to reach Walker in the days before he dropped out of the race, to advise him to get more media training.

These are perhaps not ace political strategies. It makes sense that a professional wealth manager would not know as well as professional campaign managers how to execute a presidential campaign. But the public consensus seems to hold that, if wealth doesn’t necessarily qualify a person to run a campaign, it does qualify them to be president.

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