Wages are up and prices are down. That’s what Americans care about and President Trump deserves the credit.

interesting times.

“Transitioning to a recession “

We're in a transition period from Biden's strong economy to Trump's horseshit economy.

Apparently, they've give up on the Golden Age for average Americans. That's reserved for the ballroom donors and attendees of his Great Gatsby Mar-a-Lago party.

Uh oh.

What Bessent doesn't say is that the 'we' in "we're in good shape" refers to himself & his wealthy buddies, NOT average Americans. The "transition period" we are in is the transfer of wealth to the 1%.

We are NOT in good shape. More than 42 million Americans including children will go hungry this month. Trump refuses to release food benefits.

US Treasury Secretary announces that the US is in a recession. They did this. They tanked the economy. They shut down the government. They were always terrible at governing but they managed to convince the idiots in America that being able to call people “retards” was important.

10 months in and this still a transitional situation Holly fuck these people will never take responsibility for anything they just blame Joe Biden for 4 years straight and this journalist will never hold these clown accountable for anything

He's trying to do that political word-judo where he can say two opposite things at once. "The patient is perfectly healthy, it's just his heart, lungs, and circulatory system that are in a recession."

He’s right. The only sectors in recession are the private sector and the public sector. The grifting sector is doing extremely well.

Ohhhhh - the classic “we’re in good shape, except for the parts that aren’t.” It’s like saying, “My house is fine- only the kitchen’s on fire and the roof fell in.” Economists call it a transition period. Ordinary people call it being broke with better vocabulary. 😂😎🤨

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.

“Transition period” or not, the data says otherwise. Manufacturing output is slowing, durable goods orders are down, and regional Fed surveys show contraction in multiple districts. Consumer confidence has dipped, small businesses report tighter margins, and inflation-adjusted wages aren’t keeping pace everywhere. Some sectors may be holding, but across the board there are clear warning signs of economic fragility. This isn’t theory it’s the numbers talking.

"I think we, as in the extremely rich people, are in good shape, but the rest of you are screwed."

Wait I thought this administration was anti-transitioning

Who needs a reason when the dollar is looking like it’s going to crash next year? They always trying to distract from the really story.

Bessent just admitted the US is in a partial recession that started with the "transition period" of Trump's reelection.

There it is folks! There are sectors that ARE IN A RECESSION! Trump is lying to you ! We are failing! 77 farmers are filing bankruptcy every day. Cattle ranchers are struggling. Small business owners are losing. The tariffs aren’t working. Trump is hurting America with trade wars

We are in a stagflation. That's what the Fed & economic scholars are saying. piped.video/j8v9fP5YC6A

Did he blame Biden this time or Obama?

But since those sectors don't negatively impact him or his buddies he doesn't give a shit.

ChatGPT

Wow...the people running our govt.

Besset is a fucking asswipe will do anything to make #POOPYPANTS SQUEAL.

The housing market is in recession because the Fed has kept rates high for too long. Government spending is down Inflation is low Lower the rates!

Tapper can fvck ALL the way off.... & Bessent is a useless, lying Pissant.

Well we’re going to be fighting like 5 wars in a minute according to “no new wars” peace president dementia douche, so add that shit in.

Did Obama play golf more than Trump?

By "sectors", he means the entire fucking economy.

Donald Trump’s April 2 “Liberation Day” tariff announcement caused a full-blown labor market meltdown.* Tariffs, which are a tax on imported goods, caused price hikes and a resurgence of inflation but also increased the risk of an economic downturn. The Fed was faced with managing rates to navigate between twin risks of inflation and recession. The Fed couldn't lower interest rates as quickly as they would have if inflation fears had receded. Higher interest rates tamped down home buyer and car loan demand. *By April 2025, new jobs were down -31% since the +256,000 jobs in December 2024, Joe Biden’s last full month in office, May down -93%, June down -105%, July down -69% and August down -91%. Federal government employment as of September 2025 down -97,000 since Jan 2025. Every week, Trump’s minions have claimed that tariffs would bring back jobs to the United States. Instead, they caused a full-blown labor market meltdown.

"I wrote a 7000 word essay on that." 😂😂😂

Lol

Austerity for thee, but not for me. Musk said it earlier this year. DOGE went in and made and suggested cuts. Unfortunately those cuts included food aid programs, education and ?? hurting employees &the lower income population for sure. The Fed is trying to keep the boat afloat.

Didn’t Trump tell the UN, “We are the hottest country anywhere in the world, and there is no other country even close”?