Sunday, March 09, 2025

Trump Team Pivoting to No Pain, No Gain as Economic Message

President Donald Trump campaigned on a promise to cure what he said was an ailing US economy. Little more than a month into his second term, he's starting to hint that the treatment might hurt.

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Thanks to President Biden, Trump inherited a strong, "envy of the world" economy. And, as we all know, Trump is very good at squandering an inheritance.

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-- Stephanie Kennedy (@wordswithsteph.bsky.social) March 8, 2025 at 2:35 PM

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More from the article...

... The administration is still lavishing Americans with visions of a golden age to come. Yet in the course of a madcap week -- which saw a flurry of tariffs and reversals, sparking a global trade war and a sharp stock-market decline -- the tone changed a bit.

"There'll be a little disturbance, but we're OK with that," Trump told Congress on Tuesday, defending his plans to throw up a protectionist barrier around the US with the biggest tariff increases in almost a century.

By Friday, Treasury Secretary Scott Bessent was arguing that the world's biggest economy needed some "detox" to wean it off dependence on public spending. ...


#1 | Posted by LampLighter at 2025-03-09 12:38 AM

@#1 ... Treasury Secretary Scott Bessent was arguing that the world's biggest economy needed some "detox" to wean it off dependence on public spending. ...

Of course Sec Bessent would say that.

He'd much prefer that "public spending" be replaced by private for-profit companies, because for-profit healthcare has worked out so well?

#2 | Posted by LampLighter at 2025-03-09 12:41 AM

Thanks magat scum.

#3 | Posted by truthhurts at 2025-03-09 04:41 PM

Fine...
I want to see those greedy pigs do some hurting. Stupid fack plays golf every other day... @$$#0le$

#4 | Posted by RightisTrite at 2025-03-09 04:43 PM

no pain no gain.

#5 | Posted by itchypossum at 2025-03-09 05:32 PM

What?

He couldn't get the rights to, "Let them eat cake?"

#6 | Posted by ClownShack at 2025-03-09 05:36 PM

They pivoted to this before the election too.

Republicans are fully aware that destroying half the Federal government will have dire economic consequences.

#7 | Posted by snoofy at 2025-03-09 05:38 PM

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