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Robert Reich
rbreich.bsky.social
did:plc:4u3hwe3p7oy3hoy3amlw7rp2
Trump's treasury nominee Scott Bessent, who is worth ~$500 million, warned of "economic calamity" if Trump's tax cuts for the rich are not extended.
But when asked if we should raise the federal minimum wage above the current paltry $7.25/hr, he said no.
Economic populism.
https://www.msnbc.com/rachel-maddow-show/maddowblog/trumps-treasury-pick-rejects-minimum-wage-hike-champions-tax-breaks-rcna188120
2025-01-17T22:16:20.355Z