WELKER: How long do people have to wait for the cost of living to come down?
— Aaron Rupar (@atrupar) November 23, 2025
BESSENT: Interest rates and down and now we are starting to see the affordability -- the prices get better. Turkey prices are down 16% pic.twitter.com/ha99QuKpL8
Turkey, typically the centerpiece of the Thanksgiving meal, will be one of the biggest sticker shocks for consumers. Wholesale prices for a turkey have jumped 40% from a year ago, according to the Department of Agriculture. Outbreaks of avian influenza, or bird flu, and increased demand have contributed to these higher prices.
Wait a minute… 😵💫WELKER: Inflation has gone up. It's at 3% now up from 2% in April when the tariffs were imposed--
— Aaron Rupar (@atrupar) November 23, 2025
BESSENT: No, no no no. So, inflation hasn't gone up. The one thing we're not gonna do is do what the Biden administration did and tell the American people they don't know how they… pic.twitter.com/pJR6UCOlEj
So...tariffs ARE inflationary?WELKER: If tariffs help consumers, why is the administration rolling them back?
— Aaron Rupar (@atrupar) November 23, 2025
BESSENT: You know how much you weigh. You get on the scale every morning. Inflation is a composite number and we look at everything. We try to push down the things we can control. pic.twitter.com/7p33t65pr6
🎶Tomorrow, tomorrow, I love ya, tomorrow!🎶WELKER: Which parts of the economy do you believe have dipped into recession?
— Aaron Rupar (@atrupar) November 23, 2025
BESSENT: Clearly housing has been struggling. Interest rate sensitive sectors have been in a recession
WELKER: Is the entire country at risk of recession?
BESSENT: No. I am very confident about 2026. pic.twitter.com/DBfdritu2s
Possibly the third most detestable gay man in the US just now.
ReplyDeleteLet the reader understand: I wasn’t citing the musical because I thought Bessent was gay. In fact, I keep forgetting that.
DeleteI’m really not that catty. 😺