Quote:
Originally Posted by bambino
Highest increase since 1968 Mr Gristle. Try harder. Tariffs and deportations were supposed crush wages. According to your and “sources”.
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I don't need to. Bessent covered what he felt drove it and was keen not to give much credit to tariffs.
He reserved that, in a veiled way, as what he expects to unlock growth for blue collar jobs long-term
Recommend you listen to the whole podcast. He's a better messenger than Navarro, Lutnick or Trump.
He wasn't making the case that you and Lin Wood are trying to make and he's not wrong about the those numbers. But they have to hold the next 6 months or so... or twill be naught more than a blip and we won't talk about much until we look at the next president's first 5 months
Back to tariffs, did you notice how Trump walked put of the G7 with no trade deal with Japan?