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Trump Cuts Spending, Targets Houthi Rebels, and Shifts Economy
This podcast highlights Trump’s shift from printing money to cutting spending, countering media demands for recession-proof guarantees. U.S. Treasury Secretary Scott Bessent leads a privatization-focused economic correction, using tariffs to boost U.S. production and revenue. It critiques media silence on eased inflation, focusing instead on recession fears, and praises deregulation and banking reforms to spur private-sector growth. Marco Rubio pushes to reverse U.S. de-industrialization, a Trump goal since the ‘80s, with Bessent's market-friendly adjustments. Trump also authorizes strikes on Iran-backed Houthi rebels, who’ve attacked U.S. vessels 174 times and shipping 145 times, to secure Red Sea lanes—reversing Biden’s delisting of them as terrorists.
Trump could have gone along to continue to print money, but he is cutting the spending. The media keeps pushing that they want guarantees that there won’t be a recession. Now the investors won’t tell you about market corrections. What is interesting is the people that continue to talk about the economy don’t understand trade. Scott Bessent is the right guy for the job. US Treasury Secretary on recession, no guarantees. Now what the media wants is the continuation of printing money. Bessent is guaranteeing that we are adjusting from the government printed money to the privatization of the economy. The spending levels were unsustainable, he is working to put everything on a sustainable path. According to Elizabeth Warren the families did not lose during the Biden administration. Eggs, inflation and gas prices are not on the media talking points. All of the items have ticked down, the new focus is the recession. We had to pour cold water on the printing machines because they were smoking. Tariffs are a means to an end to bring production back to the US and to ensure economic success in America. The tax base and revenue comes back to this country. We were at the highest level of spending outside of war. The Trump administration is doing a course correction. De-regulation on banking that will allow more private loans by community banks that will increase private sector business. And the government is shedding its over employment which will allow them to be picked up by the private sector. Marco Rubio is asking for a new quo. The status quo is beneficial for the other country. We have de-industrialized the US and we need to bring them back to the US. Trump has been talking about it since the 80s. Bessent correction is healthy for the markets and that has been euphoric
Trump has authorized attacks on Houthis rebels. They have attacked our naval vessels 174 times and civilian shipping 145 times. We do not want war with Iran. We are going to strike Iranian assets in their region. They are attacking the shipping lane from the Red Sea. Trump had the Houthis as a terrorist organization and Biden removed the label and allowed the attacks to happen. Trump is determined that the shipping lane will be open and stopping the pirates in the area. The Houthis rebels are controlled by Iran.
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