Trump says he doesn't want a 'poor person' running the economy during Iowa rally

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President Trump has gotten some criticism for appointing the richest cabinet in American history, but he offered an explanation for that decision on Wednesday.

He said during his rally in Cedar Rapids, Iowa, "Somebody said why did you appoint a rich person to be in charge of the economy?...I said: 'Because that's the kind of thinking we want.'"

Trump further commented, "And I love all people, rich or poor, but in those particular positions I just don't want a poor person. Does that make sense?"

Scenes from Trump's "Make America Great Again" rally in Iowa:

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Scenes from Trump's 'Make America Great Again' rally in Iowa
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Scenes from Trump's 'Make America Great Again' rally in Iowa
A supporter holds a sign during a rally with President Donald Trump at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
Supporters cheer as U.S. President Donald Trump speaks during a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
U.S. President Donald Trump speaks during a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
A supporter cheers as U.S. President Donald Trump speaks during a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
U.S. President Donald Trump takes the stage for a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
U.S. President Donald Trump speaks during a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
U.S. President Donald Trump speaks during a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
Victoria Merfeld, 22, of Bernard, Iowa, attends a rally with U.S. President Donald Trump at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
U.S. President Donald Trump waves to the crowd following a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
Supporters cheer at a rally with U.S. President Donald Trump at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan
A fan doffs his hat as U.S. President Donald Trump holds a rally with supporters at an arena in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Jonathan Ernst
The word 'resist' appears on the arm of a protestor with a group who interrupted the speech of President Donald Trump, not pictured, during a rally in Cedar Rapids, Iowa, U.S., on Wednesday, June 21, 2017. Russia canceled talks with a top U.S. official to protest the latest sanctions punishing Russian companies and individuals over the conflict in Ukraine, in a fresh setback for Trump's bid to improve ties with President Vladimir Putin's government. Photographer: Daniel Acker/Bloomberg via Getty Images
Attendees listen as President Donald Trump, not pictured, speaks during a rally in Cedar Rapids, Iowa, U.S., on Wednesday, June 21, 2017. Russia canceled talks with a top U.S. official to protest the latest sanctions punishing Russian companies and individuals over the conflict in Ukraine, in a fresh setback for Trump's bid to improve ties with President Vladimir Putin's government. Photographer: Daniel Acker/Bloomberg via Getty Images
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While he has slammed Hillary Clinton and Ted Cruz in the past for their ties to Goldman Sachs, he applauded his own decision to make the former president of that establishment an economic adviser.

Trump said, "When you get the President of Goldman Sachs...this is the President of Goldman Sachs! Smart! Having him represent us, he went from massive paydays to peanuts. The peanuts, the little tiny...These are people that are great, brilliant business minds."

Many social media users have reacted to Trump's comments with one noting, "Trump Says He Likes Poor People As Long As They're Not In His Cabinet."

Another commented, "Trump literally just said rich people are better than poor people."

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