[tomder55]

"For the last four decades, basically since I began my career in Wall Street, Wall Street has grown wealthier than ever before, and it can continue to grow and do well, but for the next four years, the Trump agenda is focused on Main Street," Bessent said. "It’s Main Street’s turn, it’s Main Street’s turn to hire workers, it’s Main Street’s turn to drive investment and it’s Main Street’s turn to restore the American dream."

Treasury Sec Bessent says Trump admin focusing on Main Street | Fox Business

Why doesn't he just go full Marxist and say the billionaires exploit the proletariat .

One could imagine Bernie Sanders ; Elizabeth Warren or All Out Crazy saying something similar.

So I decided to do a search of Bessent. Before becoming Trump's Sec Treasury ,he did his time working for George Soros. He joined Soros Fund Management 1991 and worked there for a decade. His whole career has had ties to Soros . He was Chief Investment Officer for Soros Fund Management (SFM) where the Soros Family and their foundations park their money , from 2011 to 2015. In this time he was a huge Democrat fund raiser.He also donated to gave money to Evita , JF Kerry and the emperor .

One of his big "accomplishments " working for Soros was making financial attacks against the Bank of England
How next US Treasury Secretary once broke the Bank of England | Alternative Fund Insight

This is the guy Trump has tagged to fix the US economy.

This is not Robin Hood zero sum games. When Wall Street prospers it is good for Main Street. Main Street businesses need capital . That capital comes from Wall Street investments. It is a false dichotomy that pits one against the other .
The truth is that more than 60% of the people are directly or indirectly invested in stock markets . It is a fiction to say that one is not dependent on the other .

When stocks fall ,the life savings of a majority of Americans lose value . That is a plain fact. And a conservative would not be rooting for one over the other . Wall Street needs to invest in Main Street. Main Street needs Wall Street investments.

[tomder55]

Bessent says the goal all along has been to isolate China.

The US has driven China into isolation — Bessent — EADaily, April 10th, 2025 — Politics, Ch
The assumption then is we want a decoupling of Chinese goods ;replaced by American goods only ? Nah that is not possible. We would in fact need to replace those goods with goods from other nations that Trump is also fighting trade wars against.

He has said it nations invest in the US they are welcome. Then he refused to allow Nippon Steel to buy US Steel despite their pledge to invest $billions in US manufacturing.

China abuses trade rules. Trump would be better served to rally the free world against China rather than punishing them

[jlisenbe]

"Rally the free world." I wouldn't hold my breath on that one. I think you're taking a flight of fantasy with that suggestion.

[tomder55]

especially if he act like the classroom bully as he violates trade deals he negotiated and threatens allies with annexation.

[tomder55]

Decoupling from China is worth it .The last time Trump had them on the ropes ;they unleashed covid on the world . Prove I am wrong.

Trump's Trade Deal With China Is Dead, Killed by the Coronavirus


China bought none of the extra $200 billion of US exports in Trump's trade deal | PIIE