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Scott Bessent to Trump: Capital Expenditures and Business Equipment Rose More Than 17% a Result of the Tax Bill and Tariffs

‘Drug and pharmaceuticals prices are plummeting and rent is down’
By Grabien Staff

RUSH EXCERPT:
BESSENT: "The economy two words resilience and prosperity. The conclude: resilience of the economy speaks for itself, even during their around conflict, and it speaks to the strength to your leadership. Pro growth policies are creating conditions for American families and businesses to prosper, rainy entering the second half of our two hundred and fiftieth anniversary year with renewed optimism and momentum. It is never been a better time to be an American and, As you said, earlier, we have a record number of Americans working the economy that you were building. It’s not only strong but secure and resilient and better position to compete globally. Real GDP risen two point:, seven percent over the past four quarters, something that many economists said couldn’t be done in the first quarter. 20 twenty six, despite Iran’s conflict GDP growth, a two percent annual rate, the Atlanta fed GDP- now is predicting four point: three percent for this quarter in terms of prices, I believe the prices are transitory. Oil will be lower than pre conflict levels when this ends now natural gas is already down, as you meant mention, drug and pharmaceutical prices are plummeting and rent is down.

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