Posted on 05/05/2025 12:02:15 PM PDT by ChicagoConservative27
In a wide-ranging and unapologetically pro-growth address Monday, Treasury Secretary Scott Bessent laid out the Trump administration’s economic vision for the next four years, calling on global investors to align with what he described as a “new Golden Age” for American enterprise.
Speaking before an audience of business leaders, financiers, and policymakers at the Milken Institute’s annual Global Conference, Bessent delivered what amounted to a comprehensive blueprint for the administration’s domestic agenda—one built around three interlocking pillars: strategic tariffs, aggressive tax incentives, and sweeping deregulation.
“Our goal is not simply to grow the economy,” Bessent said. “It’s to re-anchor global capital in the United States and unleash a new age of industrial abundance.”
(Excerpt) Read more at breitbart.com ...
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The Democrats will do everything they can to stop this kind of success. It would make them look bad.
I so LOVE American pride, optimism and boosterism!!
What a breath of fresh air after all the horrible Dems “woe is us” crap for years.
Let’s see the Dems fight against this optimism! What will they argue for? More gloom and doom? More contraction? Fewer jobs? More jobs shipped out of the USA?
Yup. Right after the market crashed in early April, we moved more cash into mutual funds.
Having a financial meeting at a place called the Milken Center. Isn’t that like having an ASPCA conference at Michael Vick’s house?
He's talking about all this as if things turn around on a dime. They don't. His analogy omitted the sowing, thinning, weeding, and pruning part. That takes time, which means that revenues take time too. It's not as if our balance sheet can sustain cash flow supporting retiring boomers while paying higher rates of interest on past borrowings.
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