Thursday, March 6, 2025

Let Them Eat Cake (Où De La Brioche)

Marie Antoinette gets hers, good & hard.

See You At The Guillotine

Jeff Cox / CNBC:
Treasury Secretary Bessent says the American dream is not about ‘access to cheap goods’ … Treasury Secretary Scott Bessent on Thursday offered a full-throated defense of the White House's position on tariffs, insisting that trade policy has to be about more than just getting low-priced items from other countries.
Digby / Digby's Hullabaloo:   Make America Have A Great Recession Again    Ashleigh Fields / The Hill:   Bessent defends Trump tariffs: American dream doesn't mean access to ‘cheap goods’
BloombergBessent Highlights Trump's Fed Silence, Rejects Inflation Worry
Liz Hoffman / Semafor:   Bessent tries to calm the markets — again
Taylor Herzlich / New York Post:   Treasury's Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’
U.S. Bureau of Economic Analysis:   U.S. International Trade in Goods and Services, January 2025
Fox Business:   Treasury Secretary Bessent: 'I'm not worried about inflation' from tariffs
Sam Sutton / Politico:
Bessent defends Trump tariffs: ‘Access to cheap goods’ is not the ‘American Dream’
Nikki McCann Ramirez / Rolling StoneTreasury Secretary: 'Access to Cheap Goods Isn't the Essence of the American Dream'
Harold Hutchison / Daily Caller News Foundation:   Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau
Kelly Rissman / The Independent:   Trump's Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’
Dade Hayes / Deadline:   Stock Market Extends Selloff Amid Trump Tariff Anxiety; Treasury Secretary Scott Bessent Calls Canadian Prime Minister Justin Trudeau A “Numbskull” For Raising Trade Concerns
Callum Jones / The Guardian:   Cheap goods ‘not essence of American dream’, Trump official says amid tariff price fears
He's right; the actual American dream is to collect the highest possible rents from people who work for a living.

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