Bulwark Takes Trump’s Treasury Chief Blows It Live on TV
May 18, 2025
Dissecting Trump's economic narrative, insiders reveal the truth behind tariffs and energy costs, while Walmart's CEO voices serious concerns over policy impacts. The discourse shifts to tax strategies as executives warn of inflation's toll on consumers. A disconcerting Moody's downgrade raises alarms about national debt, prompting a debate on fiscal responsibility. Lastly, the idea of foreign investments as a boon for Americans is challenged, exposing underlying motives that question the benefits touted by the administration.
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Walmart Absorbs Tariff Costs
- Trump's Treasury Secretary admitted Walmart will absorb some tariffs, weakening their profitability.
- This contradicts Trump's claim that tariffs only tax other countries and enrich America.
Falling Energy Prices Signal Trouble
- Collapsing energy prices are not necessarily positive; they reflect recession worries.
- Treasury Secretary spun falling gas prices as a sign of economic success under Trump.
Tariff Burden Hits Americans
- Treasury Secretary acknowledged some tariffs will hurt consumers and businesses alike.
- This admission contradicts the narrative that tariffs are simply a tax on foreign countries.