I imagine the treas tariffs were lower and bore some resemblance to reality. Bessent, the treasury secretary, actually said on CNBC, “I wasn't involved in the calculations of the numbers…” So we get plans with no backup, no expert input or market feedback, no projections, no penguin exemptions. 2/3 - ThreadSky

steveliesman.bsky.social • 14 days ago

I imagine the treas tariffs were lower and bore some
resemblance to reality. Bessent, the treasury secretary, actually said on CNBC, “I wasn't involved in the calculations of the numbers…” So we get plans with no backup, no expert input or market feedback, no projections, no penguin exemptions. 2/3

Comments

steveliesman.bsky.social•14 days ago

“Trust in Dear Leader” is not an economic policy. It’s a cult motto. 3/3

mpinga.bsky.social•14 days ago

Maybe it sounds better if you translate it to Latin and print it on the currency people will be wheelbarrowing around to pay their bills.

rosaliem.bsky.social•13 days ago

I’ve been watching you on various MSNBC programs this week and I stop anything I’m doing to listen to you. You’re invaluable Sir!

oldernow2.bsky.social•13 days ago

I certainly agree with you. I always listen up when Steve is on. I sort of think CNBC has orders to bend a little when it comes to reporting/reacting to Trump.

d-bozo.bsky.social•14 days ago

"Ein Volk, Ein Reich, Ein Fuherer" translates pretty closely here.
well on the way to this it seems.

djdadmouth.bsky.social•14 days ago

katecohenart.bsky.social•13 days ago

Big time.

domacc.bsky.social•14 days ago

Trump has not a shred of credibility left.
Why won't the ruling class/oligarchs read him the riot act?

gregor.us•14 days ago

We're getting some reporting that indicates Bessent also is impervious to new information, and therefore has difficulty updating his views.

As we piece together a portrait of Bessent, this looks highly relevant: https://x.com/shaunrein/status/1909992240413356456