Bessent Sees US Economic Crisis if Tax Cuts Not Extended

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  • Опубліковано 15 січ 2025

КОМЕНТАРІ • 56

  • @panda.paradox.91
    @panda.paradox.91 3 години тому +21

    Ah yes, give more money to corporations who only contribute 7-9% of government revenue while the lower and middle class are stuck paying the 5 trillion dollar price tag. Why are the lower and middle classes subsidizing corporations in the US when they can barely afford food? Because you voted for it. Good job America.

    • @juantorrealbab
      @juantorrealbab 3 години тому +3

      Dude just buy shares of companies then

    • @ssuwandi3240
      @ssuwandi3240 3 години тому

      What's that $5.1 trillion related to? Your statement was pretty generalized without credible research. Just foreign propaganda. Lemme guess?.. CHYNA?

    • @PeterParker-wj3cr
      @PeterParker-wj3cr Годину тому +1

      @@juantorrealbab I was about to say. I find those who cry about corporations are the ones who don't invest. They think, you u get rich by sitting in a cubicle 8 hours a day. People need to wake up

    • @juantorrealbab
      @juantorrealbab Годину тому

      @ exactly

    • @panda.paradox.91
      @panda.paradox.91 Годину тому

      @@PeterParker-wj3cr A lot of assumptions. All of them wrong.

  • @jrw3-b3m
    @jrw3-b3m 2 години тому +7

    Pure stupidity if he believes his own words!

    • @JanetJamison1957
      @JanetJamison1957 50 хвилин тому

      @jrw3-b3m This is aimed at cult members who will unquestioningly accept this nominee's gobbledygook.

  • @abvincent12
    @abvincent12 Годину тому +4

    Don’t belittle him, this is what America voted for. Give them exactly what they deserve. Want a handful of billionaires controlling every aspect of your life so you’ll maybe get a dollar of 12 eggs? Congrats - that’s what is coming.

  • @user-co1hx6qu4y
    @user-co1hx6qu4y 3 години тому +3

    I don't understand what he said but I understand why he is rich

  • @bobark4421
    @bobark4421 3 години тому +7

    Here is the first finger in our eye

    • @lyad3618
      @lyad3618 3 години тому

      Ping!!! take that. And this Mr. Bessent guy tells the committe with a straight face that trump has a golden era opportunity by extending tax cuts. This is sick. He dares talking about deficits when trump incurred the largest deficit in the country's history, over 25% in the nation's entire history. There are no 'trickle down' economics.

  • @GeorgeSchneider8889
    @GeorgeSchneider8889 3 години тому +1

    The United States is a low-tax country
    Compared with other nations in the Organization for Economic Cooperation and Development (OECD), the United States ranks 32nd out of 38 in revenue as a percentage of GDP.20 But it’s not just that the United States is near the bottom end of revenue; it is nowhere close even to the average. Over the CBO’s 10-year budget window, the United States will collect $26 trillion less in revenues than it would if its revenue as a percentage of GDP were as high as the average OECD nation. When compared to EU nations, that number rises to $36 trillion. (see Figure 2) In contrast, the $289 billion projected revenue increase in the Inflation Reduction Act21 still leaves the United States ranking 32nd out of 38 OECD countries

  • @goldstandardaviation1667
    @goldstandardaviation1667 Годину тому +3

    Billionaires making other billionaires richer again

  • @JanetJamison1957
    @JanetJamison1957 52 хвилини тому +2

    Deregulation of industry and a return to the Gilded Age.
    What could possibly go wrong?
    We are screwed.

  • @TVTV-b3f
    @TVTV-b3f 3 години тому +1

    “Astonishing 3%” 😂😂😂😂

  • @GeorgeSchneider8889
    @GeorgeSchneider8889 3 години тому +4

    CEO to worker pay ratio 🇺🇸:
    1965 : 20.4
    1975 : 26.6
    1985 : 50.5
    1995 : 118.8
    2005 : 318.4
    2012 : 371.7
    2021 : 389

  • @MazharMojumder
    @MazharMojumder Годину тому +1

    He is a billionaire so what do you accept 😂

  • @GeorgeSchneider8889
    @GeorgeSchneider8889 3 години тому +1

    S&P 500 Stock Buybacks
    Year In billions Yearly change
    2010 $319 16%
    2011 $467 46%
    2012 $413 -12%
    2013 $496 20%
    2014 $565 14%
    2015 $592 5%
    2016 $553 -7%
    2017 $540 -2%
    2018 $840 55%
    2019 $749 -11%
    2020 $538 -28%
    2021 $919 71%
    2022 $950 3%
    2023 $815 -14%
    2024e $924 13%
    2025e $1,075 16%

  • @monicahill9741
    @monicahill9741 36 хвилин тому

    Of course he thinks this, he represents the multi millionaires and billionaires.

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    @GamzeSami-x4d Годину тому

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    @OsmanCem-o4q Годину тому

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  • @thekippers-r3c
    @thekippers-r3c 25 хвилин тому

    more debt, yaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

  • @deepblue523fl
    @deepblue523fl 3 години тому +1

    😂😅

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    @Beatthemarkettoday 3 години тому

    Not to be shamed.

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    @HIRAMValverde Годину тому

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  • @hicrhodushicsalta6648
    @hicrhodushicsalta6648 2 години тому +1

    Does he believe what he says?

    • @JanetJamison1957
      @JanetJamison1957 49 хвилин тому

      He needn't believe. He's the Trump salesman.

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    @DICKGatlin Годину тому

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