One of Facebook Inc’s board of directors Peter Thiel is credited with helping Donald Trump win the White House. This earned him strong backlash from Silicon Valley.
Thiel said on Thursday that President Trump has been “relatively successful” and that he will support him in 2020.
During an onstage interview at a conference hosted by the New York Times, Peter Thiel praised president Trump’s economic policies, in particular, his tax reforms, China tariffs and changes to the North Atlantic Treaty Organization.
The Facebook Inc board member and venture capitalist also defended President Trump saying unlike the past three U.S. presidents, Trump did not commit the “lie of omission” by failing to discuss contentious topics like immigration and trade. “Trump’s inaccuracies are exaggerations of the truth,” he said.
When asked about President Trump’s name-calling Thiel said “I don’t think Trump’s nicknames are that nasty,” Thiel said. “They’re powerfully accurate.”
Thiel said he does believe the Russian government tried to interfere with the 2016 presidential election but doesn’t consider it “material.”Thiel also said Special Counsel Robert Mueller’s investigation is a “wild goose chase” that will “backfire catastrophically” on the Democrats unless something is unearthed before Trump runs again in 2020.
After moving to Los Angeles this year, Peter Thiel said Silicon Valley had “jumped the shark.” He says innovation in the consumer internet business is over and expects breakthroughs to emerge from other geographies.
The co-founder of PayPal and data-mining company Palantir Technologies Inc. said he remains bullish on life-extension science, such as ones involving the infusion of young people’s blood with older people. He said he hasn’t personally tried it.
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