TAPPER: Do you agree that the US is at risk of a recession? BESSENT: I believe we are in a transition period here. I think we're in good shape, but there are sectors of the economy that are in recession
Replying to @atrupar
Labeling economic instability as a “transition period” is a strategic dodge. It suggests movement, evolution, even progress, without acknowledging the pain that accompanies it. But for Americans facing layoffs, inflation, and shrinking purchasing power, this isn’t a transition.

Nov 2, 2025 · 2:21 PM UTC

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