“I have not decided,” Cooperman stated on “Squawk Box.” But the Omega Family Office chairman added that, “this election, in my opinion, is pivotal in the long-term outlook.”
Cooperman — a vocal critic of Sen. Elizabeth Warren throughout her unsuccessful bid for the Democratic presidential nomination, castigating her wealth-tax proposal as “probably unconstitutional” — stated he needs to listen to extra from Biden on his private ideology.
“We have to make sure that we stay as a capitalist nation. Everybody thinks that Biden is a socialist. I don’t think so, but he’s got to speak out. He’s got to speak out loudly and clearly what he stands for,” Cooperman stated.
Cooperman additionally has been critical of Trump, suggesting final fall in a CNBC interview that Trump ought to contemplate not operating for reelection if he did not change into “a president for the entire country and not just his base.”
In explaining why he stays undecided, Cooperman stated Monday of Trump, “the bottom line is we have a man with limited character who has good economic ideas, but he’s very divisive in his dialogue.”
On the opposite aspect, “we have a man of decent character who I’m not sure what he stands for,” Cooperman stated of Biden.
“That’s the craziest thing I heard. If he can’t debate President Trump, who the hell is going to vote for him?” Cooperman stated. He added, “it’s up to him to address the issue of law and order. It’s up to him address the issue of capitalism versus socialism.”
Expressing considerations about Biden taking stances to appease the far-left wing of the Democratic Party, Cooperman recommended that he is “surrounded by socialists.” He stated Biden “seems like a good man, but we’ve got to make sure he’s strong and resolute in his views.”
Cooperman — a serious philanthropist who has signed The Giving Pledge, created by Bill and Melinda Gates and Warren Buffett — emphasised that he acknowledges his good fortunes and is prepared to be taxed. “I’m willing to work six months a year for the government and six months a year for myself. I think that’s fair,” he stated. But, he stated, “I just get driven up a pole when these politicians talk about ‘paying your fair share.’ What do they have in mind?”
The son of a Bronx plumber who turned one in all Wall Street’s most profitable buyers, Cooperman has principally donated to Republican candidates lately, according FEC data. But in 2016, he donated $1,000 to Democratic presidential nominee Hillary Clinton. He donated $2,700 to Republicans Jeb Bush and $2,000 to Sen. Marco Rubio earlier within the 2016 marketing campaign cycle.