To: Land Shark who wrote (1535673 ) 4/28/2025 12:42:00 PM From: locogringo 2 RecommendationsRecommended By bjzimmy longz
Read Replies (4) | Respond to of 1570941 Educate yourself (especially on fake polls by ABC and the Wash Post (notorious Trump haters and confirmed liars) Treasury Secretary Bessent: Despite "Media Driven" Pessimism About Economy, Americans Are "Still Spending" | Video | RealClearPolitics"There was a story ten days ago that said, this is the worst April for the stock market since the Great Depression. Ten days later, the Nasdaq is now up in the month of April. And I haven't seen a story that says, oh, the stock market has biggest bounce back ever," Bessent said. "I think a lot of this is media driven." MARTHA RADDATZ, ABC: Let's start with the polls. For the very first time the president's polling numbers on the economy are under water with 53 percent saying it has gotten worse under President Trump, with 72 percent of those in our poll saying it is very or somewhat likely that his economic policies will cause a recession. Your reaction? SCOTT BESSENT, U.S. TREASURY SECRETARY: Well, Martha, I haven't seen the polls. And for the past 35 years, my business was analyzing data. So, I think we’ve probably got to dig down into those. But what I do know is that Americans are behaving very different than what the surveys say. So, the surveys may say that, but consumers are still spending. So, I prefer to look at what Americans are doing rather than how they're answering pollsters. RADDATZ: And it doesn't worry you the poll numbers that you have seen? BESSENT: When I start seeing data to the contrary, then the – we can look at that. But, you know, again, these poll numbers, and also, when I look at the sum of the things that are being published, there was a story ten days ago that said, this is the worst April for the stock market since the Great Depression. Ten days later, the Nasdaq is now up in the month of April. And I haven't seen a story that says, oh, the stock market has biggest bounce back ever. So, I think-- RADDATZ: Well, it certainly – it certainly has gone back and forth. BESSENT: I think a lot of this is media driven.