Posted on 11/24/2025 1:54:05 PM PST by SoConPubbie
Bessent pointed to a March 2024 article he wrote for Fox Digital titled “How the Three I’s Are Eviscerating Working Americans” as the framework for understanding the administration’s economic progress.
“Immigration, interest rates and inflation,” Bessent said, ticking off the three factors. On immigration: “Borders closed, promise made, promise kept.”
On interest rates, Bessent noted that the 10-year Treasury yield stood at 5.08 percent when Trump took office and now sits around 4 percent. “Mortgage rates key off of that,” he said, adding that he believes short-term interest rates could decline further.
The Treasury Secretary expressed strong confidence about inflation trends. “I am very confident over the coming six, 12 months, we are going to see the third I bite the dust, and inflation is going to come down,” Bessent said.
He attributed falling inflation partly to lower energy prices. “Over my career, all or most big inflations start with an energy problem, and so energy goes into everything, even food prices at the grocery store,” Bessent explained. “So we’ve got that.”
Bessent previewed an upcoming study from the Council of Economic Advisers showing dramatic inflation differences between red and blue states. “The best way to get your inflation rate down 50 or 60 basis points is move from a blue state to a red state,” he said. “Red state inflation is at least half a percent lower than blue state inflation.”
(Excerpt) Read more at breitbart.com ...
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The Treasury Secretary said some inflation factors remain outside federal control, citing state-level energy policies as a key driver of regional price differences. He pointed to New Jersey Governor-elect’s stated priority of reducing home energy prices after her predecessor Phil Murphy’s green energy policies.
“It was her predecessor, Phil Murphy, who destroyed the people in New Jersey through this crazy green scheme that he had,” Bessent said.
He said the administration repeatedly contacts New York Governor Kathy Hochul about approving pipeline projects to send energy to New England. “If the Northeast wants to de-industrialize and have higher inflation, if they want Europe vacation, which is what I think they’re doing, people are voting with their feet,” Bessent said.
Bessert is an excellent spokesman for the Trump economic policies, and he seems like a team player, ready to defend and support the administration. Another version of M. Rubio.
the amount of immigration removal is not enough, not even close, and what about cancelling all H1B’s?
You can add Hegseth to that list as well.
He also is very good at making economic information into plain language.
A very new troll at that ...
So glad you live your gated all white community where you don’t have to bother with the walking brown crap we plebs have to see every day
Should be 4 I’s... they forgot Indians (way past “immigration”).
I like Bessent, but I think he is a robot. His neck is a little too long and his facial expressions are just a little too non-emotional.
Money men aren’t emotional.
Especially if they are robots.
The Potato in 2020 told the world what he was going to do to the USA if he was elected.
No mass deportations, no relief from how illegals have driven up housing and driven down wages.
Sorry chump but we have every right to complain. There are still enough illegals here to be used by the democrats to cast phantom votes for the midterms and ‘28. There are still whole neighborhoods of illegals freely walking around. Trump needs to just damn the torpedoes and do a full 7 day a week sweep of the most infested illegal areas and just keep moving onward non-stop. I could care less how much the media calls him a fascist or how much 70 year old white people will protest trump in the streets, the fact is the media is fickle and cannot stick to one subject for long, and the old folks will get tired eventually and go back home. Trump has every capability at his disposal right now to call up extra reinforcements to help ICE, so again, damn the optics, because on election day it won’t matter how mad the democrats are because they will have most of their voters deported by then.
When the price of beef goes down, I will believe it.
I downloaded the following from DHS, Office of Homeland Security Statistics on 11/4/2025. Going back to it now it appears to say "Data available through November 2024" and all data from 2025 has been made to disappear.
The appearance is that they have made more arrests than deportations, and are warehousing the detainees in detention facilities. The Courts have apparently limited their ability to remove (deport) detainees without due process so they are merely holding many of them.
Below is the 2025 data that was published on the site a few weeks ago, but has since apparently been scrubbed.
Office of Homeland Security Statistics (OHSS), Department of Homeland Security
https://ohss.dhs.gov/topics/immigration/immigration-enforcement/monthly-tables
Due to the lapse in federal funding, this website will not be actively managed. This website was last updated on October 1, 2025 and will not be updated until after funding is enacted. As such, information on this website may not be up to date.Removals are the compulsory and confirmed movement of an inadmissible or removable alien out of the United States based on an order of removal. An alien who is removed pursuant to a removal order has administrative or criminal consequences placed on subsequent reentry owing to the fact of the removal. DHS removals include removals completed by ICE/ERO and those completed by CBP.
Total 2025 (so far)
111,010
- - - - -
Removals 2025 (so far)
61,630
Returns are the compulsory and confirmed movement of an inadmissible or deportable alien out of the United States not based on an order of removal. Administrative returns are returns completed by OFO resulting from administrative encounters (see CBP Encounters by Type and Region tab), including withdrawn applications for admission in cases in which expedited removal or other immigration removal proceedings were not considered and foreign crew members without entry visas who are required to remain aboard their ships.
Enforcement Returns 2025 (so far)
35,070
Administrative Returns: The sum of Title 8 removals, Title 8 returns, and Title 42 expulsions of aliens to their country of citizenship or a third country.
Administrative Returns 2025 (so far)
14,310
So you say. Over 2 million gone in less than a year.
Let’s see you do better.
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