Scott Besson

A lot of our trading partners, including some of our allies, have not been good partners. If tariffs are so bad, why do they have them?

A lot of our trading partners, including some of our allies, have not been good partners. If tariffs are so bad, why do they have them?

The top 10% of Americans own 88% of equities, 88% of the stock market. The next 40% owns 12 of the stock market the bottom 50 has debt they have credit card bills they rent their homes they have auto loans and we've got to give them some relief

The top 10% of Americans own 88% of equities, 88% of the stock market. The next 40% owns 12 of the stock market the bottom 50 has debt they have credit card bills they rent their homes they have auto loans and we've got to give them some relief

It's almost like the bodybuilders taking steroids. Outside looks great. You're muscular. Inside, you're killing your vital organs. That's what was going on here. But it would have been easy to keep pumping up the economy, borrowing a lot of money, creating a lot of government jobs. There was no controversy when we're doing all that. But you were going to end up in a calamity.

It's almost like the bodybuilders taking steroids. Outside looks great. You're muscular. Inside, you're killing your vital organs. That's what was going on here. But it would have been easy to keep pumping up the economy, borrowing a lot of money, creating a lot of government jobs. There was no controversy when we're doing all that. But you were going to end up in a calamity.

Well, I would say they've been doing it to us for a long time. And if they don't like tariffs, then why do they have them?

Well, I would say they've been doing it to us for a long time. And if they don't like tariffs, then why do they have them?

Well, I would say they've been doing it to us for a long time. And if they don't like tariffs, then why do they have them?

Again, I think we're going to wait and see how this plays out.

Again, I think we're going to wait and see how this plays out.

Again, I think we're going to wait and see how this plays out.

Access to cheap goods is not the asset, is not the essence of the American dream.

Access to cheap goods is not the asset, is not the essence of the American dream.

Access to cheap goods is not the asset, is not the essence of the American dream.

Absolutely.

Absolutely.

Yeah, look, I thought that when rates were low, you're supposed to turn out rates. Exactly. And instead, the Treasury, for the past few years, has pulled rates in. And I think part of that was to keep rates lower. They changed the issuance schedule when rates moved back up towards 5%. I have maintained that policy.

Yeah, look, I thought that when rates were low, you're supposed to turn out rates. Exactly. And instead, the Treasury, for the past few years, has pulled rates in. And I think part of that was to keep rates lower. They changed the issuance schedule when rates moved back up towards 5%. I have maintained that policy.

But I'm maintaining it because, back to David's question, when are we going to see the results from getting the government spending under control? And I don't think the markets recognize it yet.