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Ruby the Liberal

(26,581 posts)
Wed Nov 19, 2025, 08:16 AM Wednesday

Scott Bessent: Trump's $2000 Tariff Checks Won't Fuel Inflation If People Don't Actually Spend Them

Like Howard Nutlick's MIL - who wouldn't be concerned if she doesn't gets her Social Security check.

This is the man in charge of the Treasury. Who apparently doesn't understand the incredibly simple economic concept of the Velocity of Money (tiktok link) and how SPENDING from the bottom up drives the economy, not parking cash onto existing cash piles like his caste does.

The man who started a hedge fund with $5.1bn in 2017 that plummeted to $577m in 2023. The man who helicopter-dropped $40bn of US taxpayer dollars on Argentina to bail out his investor class buddies.

Its truly amazing to watch.

The administration is hopeful Americans won’t necessarily spend the $2,000 tariff checks President Trump has promised, and instead pump them into “Trump accounts” for kids, Treasury Secretary Scott Bessent says. President Trump said Monday that $2,000 checks would start going out in mid-2026, just ahead of midterm elections. (Officials concede legislation will be necessary to actually make it happen.)

The risk of rising prices remains a huge concern for consumers, and against that backdrop, Fox News asked Bessent Tuesday night how the government would avoid another bout of stimulus-driven inflation if the checks happen. “Maybe we could persuade Americans to save that, because one of the things that’s going to happen next year” is the start of “Trump accounts” to save for kids, Bessent said.


https://www.joemygod.com/2025/11/scott-bessent-trumps-2000-tariff-checks-wont-fuel-inflation-if-people-dont-actually-spend-them-video/

Video clip (Xitter 1:17)


19 replies = new reply since forum marked as read
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Scott Bessent: Trump's $2000 Tariff Checks Won't Fuel Inflation If People Don't Actually Spend Them (Original Post) Ruby the Liberal Wednesday OP
I mean I plan on framing mine. In an old frame I have in the basement. Won't everybody do that? unblock Wednesday #1
People won't actually spend hem calguy Wednesday #2
i can tell ya right now my grandaughters will order.... samnsara Wednesday #3
Better yet, spend it on getting Bessent deported as undesirable. Wonder Why Wednesday #4
It's not Krasnov's money to give away. gab13by13 Wednesday #5
WTF.................. Lovie777 Wednesday #6
Hell, if that's the assumption, why not make it $10,000? Buns_of_Fire Wednesday #7
Is there anyone more stupid than Bessent? (n/t) PJMcK Wednesday #8
How long you got and do you want a list? durablend Wednesday #13
Treasury Secretary's head so far up his ass Attilatheblond Wednesday #9
Like Bessent also told Argentina not to spend the $$billions it's receiving. HA! allegorical oracle Wednesday #10
Come on dip shit, pay attention . People aren't going to get that check. Autumn Wednesday #11
They are suitable for framing because of Trump's signature dalton99a Wednesday #12
I remember that from Covid Ruby the Liberal Wednesday #19
Figures most of them will bounce durablend Wednesday #14
Our national debt has increased $2 trillion since Trump was elected last January surfered Wednesday #15
Yet another comment to show this admin is beyond out of touch Jbraybarten Wednesday #16
so out of touch with the real world eShirl Wednesday #17
Bessent... GiqueCee Wednesday #18

unblock

(55,816 posts)
1. I mean I plan on framing mine. In an old frame I have in the basement. Won't everybody do that?
Wed Nov 19, 2025, 08:22 AM
Wednesday

calguy

(6,036 posts)
2. People won't actually spend hem
Wed Nov 19, 2025, 08:23 AM
Wednesday

if they don’t actually get them. Just like they never spent their DOGE checks.

samnsara

(18,693 posts)
3. i can tell ya right now my grandaughters will order....
Wed Nov 19, 2025, 08:23 AM
Wednesday

..2000$ worth of food from GrubHub...and my daughter will head for the casino..

gab13by13

(30,732 posts)
5. It's not Krasnov's money to give away.
Wed Nov 19, 2025, 08:23 AM
Wednesday

WTF people, Krasnov is giving us back the money we already spent because of his tariffs.

If the fat fucker sends me 2,000 dollars, mine is going to a food bank.

Lovie777

(21,229 posts)
6. WTF..................
Wed Nov 19, 2025, 08:29 AM
Wednesday

these people are deranged.

There will be no $2,000.00 refund, the country's economy is failing and the Republican party is the reason why.

$500,000.00 for senators who can file suit because of phone investigations and the American tax payers have to pay it?

While mostly GQP congresscritters want to defund Snap, SS, SSI, Healthcare, Medicare, Medicaid, et al.

Buns_of_Fire

(18,925 posts)
7. Hell, if that's the assumption, why not make it $10,000?
Wed Nov 19, 2025, 08:32 AM
Wednesday

Really, I won't spend it. Pinky swear on trump's honor.

Attilatheblond

(7,862 posts)
9. Treasury Secretary's head so far up his ass
Wed Nov 19, 2025, 08:37 AM
Wednesday

he needs a monocle in his belly button to see out.

We have a cabinet straight out of Alice's Wonderland.

Autumn

(48,687 posts)
11. Come on dip shit, pay attention . People aren't going to get that check.
Wed Nov 19, 2025, 08:49 AM
Wednesday

The vote for the files is over save this distraction for another day .

Ruby the Liberal

(26,581 posts)
19. I remember that from Covid
Wed Nov 19, 2025, 03:40 PM
Wednesday

He ordered the Treasury to reprogram their system to change the generic government payee to him personally so that his signature was on each stimulus check. Delaying the process by over 3 weeks, IIRC - but hey, his name was on the check.

King Man Child.

surfered

(10,443 posts)
15. Our national debt has increased $2 trillion since Trump was elected last January
Wed Nov 19, 2025, 09:24 AM
Wednesday

Those tariff dividend checks won’t increase the debt if people tear them up.

GiqueCee

(3,072 posts)
18. Bessent...
Wed Nov 19, 2025, 09:45 AM
Wednesday

... is an imbecile utterly devoid of even a shred of common sense, and even less of common human decency. But then, the entire Trump regime was selected for their staggering stupidity and mindless malice.
Russell Vought has a lot to answer for. His bottomless pit of evil, and Trump's infantile ego, have brought the nation to its knees.
NO forgiveness, and NO mercy. They certainly haven't afforded us any.

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