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Treasury secretary blasted for ‘denying reality’ after claiming ‘inflation hasn’t gone up’

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Treasury Secretary Scott Bessent on Sunday refused to confess inflation has gone up for Individuals after NBC “Meet The Press” host Kristen Welker confronted him with the numbers.

“Inflation has gone up,” Welker mentioned Sunday. “It is at 3 p.c now up from 2 p.c in April when the tariffs have been imposed.”

“No, no no no,” Bessent replied. “So, inflation hasn’t gone up. The one factor we’re not gonna do is do what the Biden administration did and inform the American folks they do not know how they really feel. They’re traumatized.”

Bessent’s comment sparked outrage from observers who famous President Donald Trump’s administration is doing the identical factor it accused its predecessor of doing — telling customers to not imagine their very own pocketbooks.

As coverage analyst Evaristus Odinikaeze posted on X, “the inflation went from 2 p.c to three p.c, actually and no quantity of ‘no, no, no’ adjustments fundamental math.”

“Telling Individuals inflation hasn’t risen proper after tariffs pushed costs greater is similar gaslighting they accused others of,” Odinikaeze continued. “You don’t struggle financial anxiousness by denying lived actuality. You clear up it. However as an alternative, Trump’s making it worse and mendacity about it.”

Bulwark Deputy Digital Director Evan Rosenfeld likewise argued “Trump and Republicans have realized nothing from how badly Joe Biden and the Democrats bungled inflation.”

“As an alternative they’re repeating among the identical errors,” Rosenfeld wrote on X.

Bessent additionally drew condemnation after providing recommendation for Individuals feeling the ache from Trump’s financial insurance policies.

“You realize one of the best ways to deliver your inflation price down? Transfer from a blue state to a pink state. Blue state inflation is half a p.c greater,” Bessent instructed Welker.

“Scott Bessent can’t cease staying actually silly issues,” journalist John Harwood mentioned of Bessent’s suggestion.



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