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Why are Trump supporters so unwilling to criticize even some of his policies?
Teasury Secretary Scott Bessent put it bluntly earlier this month when he pushed back against the idea that inexpensive products should be what Americans aspire to have. “Access to cheap goods is not the essence of the American dream,” he said in a speech to the Economic Club of New York. Bessent is a blazing idiot, and ridiculously rich ivory tower trash. Mr. Bessent, a former hedge fund investor who is worth hundreds of millions of dollars, underscored that point in a follow-up interview on NBC, arguing that prosperity is not about buying “cheap baubles from China.” “The American dream is not ‘let them eat flat screens,’” he said, arguing that it is instead about having good jobs that are not lost to foreign competition and wages that are high enough to afford homes. The comments renewed a debate within the Republican Party over the merits of trade barriers that in recent years has sidelined traditional conservatives who prize free trade. Former Vice President Mike Pence shot back at Mr. Bessent, asserting on social media that the Treasury secretary misunderstood the aspirations of Americans. “Tariffs are good as a means to bring nations like China to the table, but free trade lowers the costs of goods and improves the quality of life for every American,” Mr. Pence wrote on the social media platform X. But the haphazard rollout of the tariffs and the fact that any changes to the tax code will not occur until later this year have left economists, trade experts and analysts wondering about the viability of Mr. Trump’s strategy and doubtful that his administration can convince consumers that they are better off with higher prices. “My bet would be that people will not be willing to swallow higher prices, lower 401(k)s, lower wealth in exchange for the principle of a nationalistic economy,” said Stephen Haber, a professor and senior fellow at the Stanford Institute for Economic Policy Research and the Hoover Institution. “Reality tends to trump ideology for most people.” Pence is one of the few voices of reason left in the GOP. He is right. Trump and Bessent are in no position to discuss inflation, and they are dead wrong. Why would they care how these tax hikes affect us? They don't. Not one iota. -
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Gavin Newsom Criticizes Democrats, Calls Party "Toxic" and "Judgmental"
I thought the left loved taxes and regulations. -
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Gavin Newsom Criticizes Democrats, Calls Party "Toxic" and "Judgmental"
What perks did a billionaire get from you? -
4,915
Camerata's Guide To The Permanent Residence Process
Have you tried on re-entry ? -
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129
Is America doomed
Blazing idiots, ridiculously rich ivory tower gutter trash. Treasury Secretary Scott Bessent put it bluntly earlier this month when he pushed back against the idea that inexpensive products should be what Americans aspire to have. “Access to cheap goods is not the essence of the American dream,” he said in a speech to the Economic Club of New York. Mr. Bessent, a former hedge fund investor who is worth hundreds of millions of dollars, underscored that point in a follow-up interview on NBC, arguing that prosperity is not about buying “cheap baubles from China.” “The American dream is not ‘let them eat flat screens,’” he said, arguing that it is instead about having good jobs that are not lost to foreign competition and wages that are high enough to afford homes. The comments renewed a debate within the Republican Party over the merits of trade barriers that in recent years has sidelined traditional conservatives who prize free trade. Former Vice President Mike Pence shot back at Mr. Bessent, asserting on social media that the Treasury secretary misunderstood the aspirations of Americans. “Tariffs are good as a means to bring nations like China to the table, but free trade lowers the costs of goods and improves the quality of life for every American,” Mr. Pence wrote on the social media platform X. But the haphazard rollout of the tariffs and the fact that any changes to the tax code will not occur until later this year have left economists, trade experts and analysts wondering about the viability of Mr. Trump’s strategy and doubtful that his administration can convince consumers that they are better off with higher prices. “My bet would be that people will not be willing to swallow higher prices, lower 401(k)s, lower wealth in exchange for the principle of a nationalistic economy,” said Stephen Haber, a professor and senior fellow at the Stanford Institute for Economic Policy Research and the Hoover Institution. “Reality tends to trump ideology for most people.” Pence is one of the few voices of reason left in the GOP. He is right. Trump and Bessent are in no position to discuss inflation, and they are dead wrong. Why would they care how these tax hikes affect us? They don't. Not one iota.
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