Economy

Live from Rumble Studio

Scott Bessent: "They can't compete on economic growth because the president's plan is working. The Trump economy is delivering for the American people."

Buttigieg: In a country that amended its constitution so you could not purchase a beer and then realized it was a bad idea and amended it back, surely we can have an amendment clarifying that a corporation is not a person and money is not speech. https://x.com/unusual_whales/status/2020241406766227796?s=20

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HASSETT: “First of all, I got to say that the market was very nervous earlier the week because the market didn’t understand something that Art Laffer and Larry Kudlow have been teaching us forever, which is, when there’s a productivity boom, like we’re seeing because of artificial intelligence, that everybody’s better off. That’s where prosperity comes from. If you go back to the dawn of the pre-industrial age, right? It was the introduction of new inventions, and so on, that built our wealth over time. And right now we’re in the midst of a productivity boom unlike anything we’ve ever seen, and it’s being fed by great policies. We’ve got a big beautiful bill that’s making it so that the people get to expense when they build these AI centers. And when all the capital spending comes in, it’s up 6.5 percent since the Big Beautiful Bill. Then that makes everybody’s wage go up. And one of the things I can remember a few months ago, every time I came on TV, people said, oh, but the people aren’t feeling it. And I’ve said, and you taught me to say this, people will feel it when they see it in their wallets. And guess what happens in January? That’s when people often get their annual salary adjustment. And all of a sudden, even the Democrats in the Michigan survey are celebrating because they’re seeing it in their own wallets. And so, the people are seeing it in their paychecks, we’re seeing it in the surveys because now they see, oh gosh, look at all the extra money I got in my paycheck. And we’re seeing it in equity markets. And so, it really is a kind of golden age. Final thought, we’re now seeing GDP down, GDP now down a little bit from the 5 to 4.5. But if we get that, then that means we have a 3 percent year. And the IMF forecasted we’d have a 1.5 percent year. And so, we’ve doubled the expectation of, you know, the IMF, the big forecaster. And we did that even though Joe Biden had one quarter. And so, this is what Trump’s economy looks like.”

"The president since day one has known exactly what he is doing. He is put together an economic formula that he knows is going to work."

Office of Management & Budget Director Russ Vought gives opening remarks on OMB's FY26 budget: "Under the previous administration, government spending aggressively turned against our citizens, who saw their tax dollars used to fund cultural Marxism. Every agency became a tool of the left. Under President Trump, those days are over." https://x.com/i/status/1930334373582114966

“I asked Russ Vought, I mean, how much of our $7 trillion flows through NGOs? He didn't know 'cause we don't track it,” Senator Ron Johnson says he believes trillions of dollars could be flowing through NGOs

Russ Vought on CSPAN

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