Elisabeth Bumiller: You Wonder How Much Some of These Billionaires in the Trump Admin Are Aware of the Effect of Tariffs on Ordinary Americans
EXCERPT:
BUMILLER: “You know, Scott Bessent on -- on -- on Sunday said on 'Meet the Press' that, you know, look, he -- he -- he said very cavalierly that the people who want to retire right now are not looking at the day-to-day fluctuations in their savings accounts --“
BRZEZINSKI: “Oh, my.”
BUMILLER: “-- which did not -- did not address 401(k)s. So you begin to wonder how much some of these billionaires in the Trump administration are aware of the effect on -- on ordinary Americans. Similarly, you know, Howard Lutnick, the Commerce Secretary, said his mother-in-law was not concerned about should-- should -- should her Social Security check not turn up in one month. So that is interesting to me that they're just discounting this turmoil that is terrifying a lot of people, particularly people who are about to retire or are retired and depending on income from their investments.”




