For those doomsters who believe the GOP is going to get clobbered in the midterm election, you ought to listen to Treasury Secretary Scott Bessent. He is the best Treasury Secretary since World War II. He is a tremendous proponent on the economy, trade, and Communist China, and an imminent end to the Iran war. I interviewed him this past weekend on Sunday Morning Futures and he talked about the acceleration phase of the economy.
In other words, it’s really taking off. As Mr. Bessent put it, “I think we’re in the acceleration phase of this economy. The working families tax cut passed last July 4th is really kicking in.” He added that “in…
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