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Admitting His Contempt, Trump Says 'Poor Person' Shouldn't Run Economy

"I love all people, rich or poor," President Trump said, but in positions like Commerce Secretary, now headed by billionaire Wilbur Ross, "I just don't want a poor person."

President Donald Trump speaks at a rally on June 21, 2017 in Cedar Rapids, Iowa.  (Photo:  Scott Olson/Getty Images)

The former president of Goldman Sachs, that's who you want running things. Not poor people.

So said President Donald Trump Wednesday night during a campaign-style rally in Iowa.

And for a guy who campaigned on being a champion of regular folks, it was perhaps his most brazen admission to date regarding his opinion of low-income people, or those simply not wealthy.

"I love all people, rich or poor," President Trump said, but in positions like Commerce Secretary, now headed by billionaire Wilbur Ross, "I just don't want a poor person."

The Goldman Sachs reference was specific to Gary Cohn, who now leads Trump's economic council, but he has several Goldman alums in his cabinet and among his inner circle.

Watch Trump's remarks in context:

After the comment began to make the rounds, Judd Legum of ThinkProgress had a prediction: "I wouldn't be surprised if you see this clip quite a bit in 2018 and 2020."

Though not particularly shocked by what the president said, others on social media found it appalling just the same:

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