Posted on 11/12/2024 5:12:48 PM PST by E. Pluribus Unum
In the next week, President-elect Trump will select an economic team responsible for shaping his second term’s economic agenda. The economy faces a number of critical headwinds. First, core inflation, which is slow to change, remains ominously high at 2.7%, nearly 35% higher than the Fed’s long-term target. Second, the US peacetime deficit is nearing 2 trillion dollars per year. Despite this enormous spending and the U.S. being near the top of the business cycle, prime-age male labor force participation has declined for more than 60 years. Geopolitically, the unipolar moment has come to an end. The days when an Undersecretary of the Treasury could request and expect to receive secret key trade concessionsfrom an ally at a hotel dinner have long past. To the extent that we intend to continue to use the US dollar as a tool of geopolitical leverage, we must do so sparingly and effectively. Finally, the Biden-Harris regime has badly assaulted the American economy and American worker with open borders, misguided fiscal and monetary central planning, and a deranged social agenda that would gladly sacrifice the greenback for the job-destroying scam of the green new deal.
Navigating these challenges will require someone with a mastery of international finance and trade, demonstrated loyalty to the President-elect, and creativity. Enter Scott Bessent. A top contender for the US Treasury Secretary, a source close to President Trump describes him as “Central casting plus loyal.” Scott Bessent was born to a modest family in South Carolina but completed his BA at Yale in 1984. After interning with legendary financier Jim Rogers, he worked with the who’s who...
(Excerpt) Read more at revolver.news ...
long article. did they include the part where this guy is married to a guy and has kids with him? Not that you would get mainstream america out of something that came out of the Soros organization, but....
Did they mention that he worked for Soros and helped break the Bank of England for profit?
missed that part...was he part of that crew and period?
Yes, wiki him.
That is NOT good. Not that I care about England in particular but they are kind of one of the parts of the 5 eyes we are in concert with (and they hate america) and we have treaties with them. Trump always has a plan.
Listening to the Pete Hegseth interview with Shawn Ryan right now.
Trump has 4 years. The majority of the House and Senate are going to be against him as a voting majority. If I were Trump, I would take stock in vaseline and send them all a huge jar and let them know the big fist of Trump is coming for them.
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