US Treasury Secretary Scott Bessent argued that the US economy is more fragile under the surface than economic metrics suggest, citing interest rate volatility, sticky inflation and job growth focused on the government sector https://reut.rs/4ifSMU0
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Darn, been through 3 recessions in my working life. Each preceded by massive job loss.
Are the deliberate job destruction acts also intended to cripple the economy.
Sovereign crypto currency the only remedy.
WTF? What a scam. Raise some HELL WITH your elected officials.
B 4 thinking is outlawed
Our current treasurer also saying our interest rates are unstable.
More BS.
Our interest rates have been competently managed by the Federal Reserve Board.
Re-privatize. Create issues that make people, sick, stupid, and desperate. As crime soars lock up the criminals in private prisons. Let the rest die and purchase the real estate.
Oh, and did I mention a federal government hell-bent on destroying the US economy and the world order that made America prosperous? Almost forgot that.
I wonder why dipshit‽ might help a ton of rich and corps pay their fair share. Imagine how much stronger the economy would be. Not only that, making sure jobs have actual livable wages. If those two things at the very least are done, we would have a helluva strong economy.
The Plan To Seize Power by Gutting America’s System of Checks and Balances
and the budget plans it has spawned—would erode Americans’ personal freedoms and harm the middle class, starting by consolidating power in the presidency to an authoritarian one. https://www.americanprogress.org/article/proj...
Well, yeah. Any economy is brittle when you take money out of Farmers' hands, 5 million healthcare workers lose their jobs because you eviscerate Medicaid, and you defund the education department. Those things are the economy.
Pre-emptive strike. It wasn't my fault that I let all this shit happen. The economy wasn't strong enough. We will see if voters 1- be so stupid to believe this 2- care about the nuances.
He’s lying. The economy was sailing. This administration is going to cause inflation, instability, and LOW GDP. Their Christian nationalist ideology = alienation, job losses, low productivity, depression.
We need public services. Not for profit private services.
Privatization is fine for small business endeavors but it is nothing short of plunder when applied to big ticket governmental functions like health care, education, armed forces, the prison system, police, and basic utilities.
Brittle, he says? Show us the numbers, then. 🍊🤡 left a veritable economic mess behind that Biden built back up. While it may not have been perfect, we were better off with Biden’s leadership. 🍊🤡’s past performance is predictive for what’s to come. Just look at his first month this term…🤦🏻♀️
Yeah, because we all know how stable private companies are. I assume claiming it’s not as stable as it looks is so they have an excuse when everything collapses after they messed with it all.
There's still a US economy? From reading the news, I'd assumed the USD had been replaced with the "Owning The Libs" crypto-currency, moist favours from the regime and the feeling of pride one gets at denouncing hard-working and law-abiding migrant parents to ICE.
I read the article and as I thought this man is so full of shit his breath stinks. That good old word privatization always pops up with frigging Republicans. It means money in politician pockets for favors. Bunch of bullshit.
Comments
Are the deliberate job destruction acts also intended to cripple the economy.
Sovereign crypto currency the only remedy.
WTF? What a scam. Raise some HELL WITH your elected officials.
B 4 thinking is outlawed
More BS.
Our interest rates have been competently managed by the Federal Reserve Board.
2. You can't "re-privatize" something that never was privatized in the first place.
3. "Media Stop Being Stenographers for Fascists Challenge" starts NOW. *buzzer*
No?
Now excuse me, I'm busy with this box of matches and can of gasoline."
and the budget plans it has spawned—would erode Americans’ personal freedoms and harm the middle class, starting by consolidating power in the presidency to an authoritarian one.
https://www.americanprogress.org/article/proj...
Next: Take over the currency and replace it with imaginary bitcoin money controlled by the billionaire oligarchy cabal.
Re-privatize everything...that will fix it...
Yeah...sure.
Jeezus, what a miserable excuse for a Treasury secretary.
I really wanted to retire
What happened?
We need public services. Not for profit private services.
https://www.cnbc.com/2025/02/24/s...
Asshole.
Today it was re-privatizing...this afternoon re-re-privatizing...