Justin Wolfers, an economist at the University of Michigan, took a far less measured approach to objecting to Bessent’s statement and simply said, “Transparently lying won’t calm markets, businesses, or consumers.”
Non-economists also piled on Bessent’s attempts to blame Biden.
“Lying in such a cartoonishly obvious way comes across as extremely stupid hard to believe he’s this bad at public advocacy for the administration he serves,” observed journalist John Harwood.
“Scott Bessent essentially resorting to ‘I know you are but what am I?'” wrote progressive commentator Matthew Sheffield. “This guy is a total clown.”
Writing on BlueSky, the Daily Kos’s Oliver Willis posted a simple chart showing a boom in manufacturing construction that occurred during Biden’s presidency and said sarcatically, “Look at how hard manufacturing was hit under socialist Sleepy Joe.”
Raw Story: ‘Blatantly lying’: Economists whack Trump official’s attempt to blame Biden for turmoil
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