3 Feb 2021
What will be a downgrade for the United States economy should be an upgrade for the Rhode Island economy: the installation of Democrat Gov. Gina Raimondo as President Joe Biden’s commerce secretary. Raimondo’s confirmation is expected any day, possibly as soon as this week.
As commerce secretary, Raimondo’s confirmation can be described as nothing less than a stark downgrade for America when compared with the most recent secretary, Wilbur Ross, who from 2017–2020 led America to the greatest economic performance of any country in history.
With limited private sector experience as a venture capitalist, Raimondo has virtually no “hands-on” experience helping small businesses and their workers. Much of her career has been in government and politics, where she has become known as a Democrat hyper-partisan who seeks to push the boundaries of the ideological left wing of her party’s base.