Treasury Secretary Scott Bessent says the U.S. was headed towards a “financial calamity,” says the Trump admin is trying to help Americans getting demolished by debt.
Ignore the noise. Listen to this.
“I'm not happy with what's going on in the market today, but the distribution of equities across households…”
“The top 10% of Americans own 88% of equities.”
“The next 40% owns 12% of the stock market.”
“The bottom 50% has debt. They have credit card bills, they rent their homes, they have auto loans.”
“We've got to give them some relief.”
Start PE in kindergarten. Bring back the presidential fitness test. Get the cell phones out of the classroom. Serve healthier food in the cafeterias. None of this is controversial (or at least it shouldn’t be).
@teslaownersSV A white guy wearing a leather USA jacket, driving a Korean car, vandalizes an American made car because the CEO is volunteering to help balance the budget. Please make it make sense.
Would you believe these insane tariffs that the U.S. is bullying Canada with?
250% for milk?
291% for butter?
208% for whey?
241% for CHEESE?
Oh wait - those are actually tariffs that Canada imposed on the U.S. last year.