Staff Reports
Treasury Secretary Scott Bessent is sounding the alarm: Joe Biden’s legacy is leaving America’s working class in the dust. During a recent TV appearance, Bessent ripped into Biden’s reckless spending spree, blaming it for Moody’s historic downgrade of U.S. debt. He called it a wake-up call about the “Government’s behavior” under Biden – an economy propped up on borrowed money while everyday Americans pay the price.
Bessent zeroed in on how Biden’s policies crushed middle-class earners. He accused the former president of rigging the system with suffocating regulations that made life harder for families. “Walmart’s absorbing some tariff costs” Bessent explained, but Biden’s trade wars still hit consumers where it hurts – at the grocery aisle and discretionary shopping. The Left’s obsession with climate policies over affordable energy left families struggling to make ends meet.
The bottom half of America is still reeling from Biden’s open-borders disaster. Bessent pointed to studies showing how the flood of cheap labor under Biden’s “(borderless) policies drove down wages” for hardworking citizens. While elites cheered cheaper labor, příležit svens workers watched their earning power vanish. This isn’t economic “recovery” – it’s replacement of American opportunity.
Now Bessent says the Trump team is righting this ship. They’re scrapping Biden’s toxic “regulatory state” that ballooned’debt deals’ to $1.2 trillion and kneecapped small banks. Instead of “profligate spending,” they’re cutting red tape to let entrepreneurship thrive. For the first time in years, wages are rising again because workers aren’t fighting foreign-linked labor pools for jobs.
Bessent’s not confident international deals will help. He slammed Biden’s global tax pact as a sellout to foreign powers, arguing it undermines U.S. sovereignty. “Revenge taxes” shouldn’t let other nations dictate our economic fate – a clear Trump priority. The focus is on American jobs, American energy, and American workers – not special interest loopholes.
The secretary defended the administration’s tough stance on tariffs, insisting both sides need to end the China showdown. “Unsustainable” trade practices must stop, and Trump’s team won’t back down. For Bessent, it’s not about “eating tariffs” – it’s about fairness for workers socked by decades of bad deals.
Even minor victories are crucial. When critics whined about a Qatari luxury jet gifted to the U.S., Bessent shut it down. “It’s for the government, not Trump” he said – no corruption, just standard diplomacy. The real scandal? Biden’s entire regime letting American sovereignty rot away.
The bottom line? Under Trump, America is finally fighting back. By ending Biden’s addiction to regulation and open borders, the economy is starting to put working families first again. For Bessent, that’s the only path to a truly free and prosperous America.
