In speech, Peter Thiel defends what Trump represents much more so than candidate himself

Thiel spoke at length about the condition of the U.S., citing a litany of statistics mean to alarm: 64 percent of people age 55 in the U.S have less than a year’s worth of savings. Healthcare costs are “10 times” the cost of “simple medicines” anywhere else in the world. College tuition has risen faster than the rate of inflation. Millennials expect their lives to be worse than the lives of parents. Incomes have been stagnant, with the median household making less money today than 17 years ago. Meanwhile, the government is “wasting trillions of dollars of taxpayer money” on foreign wars in Iraq, Syria, Yemen, Libya, and Somalia.

.. Thiel was also asked about Trump’s personality traits and whether he is concerned about his temperament. Thiel mostly dodged the question, saying instead that when it comes to president, he’s more concerned with world view than temperament, and that he’s more worried about Democratic nominee Hillary Clinton, saying he thinks she has the propensity to get the U.S. into “more wars.”

.. What about the tax returns that Trump has refused to admit? Here, Thiel suggested that government focuses too much on transparency, suggesting that it’s why we “in some ways have a less talented group running [for office] than 30 or 40 years ago.”

.. Not last, Thiel was asked about Trump’s oft-repeated statements about banning Muslims from traveling to the United States.

Somewhat amazingly, Thiel — who said he doesn’t support a “religious test”  — said the “media is always taking him literally. I think a lot of the voters take him seriously but not literally, so when they hear the Muslim comment or the wall comment, it’s not, ‘Are you going to build a wall like the Great Wall of China but, ‘We’re going to have a saner, more sensible immigration policy’ and ‘How do we strike the right balance between costs and benefits?’”