Scott Bessent is presented as a smart person appropriate for treasury secretary role, but even a capable person cannot solve an mathematically unsolvable problem—the fiscal deficit requires 40% cuts to entitlements and defense, which Trump has publicly committed not to cut
causalpending
Speaker
Lawrence McHughEvidence Quote
“the military--industrial conflex would go berserk if you cut them 40%...I applaud the notion of trying to get the government reigned in and under control that's all good stuff [but it won't work]”
Source
$200k Bitcoin, $4k Gold In 2025 As ‘Day Of Reckoning’ Comes For Stocks | Lawrence Lepard— David LinCreated: 8/11/2026, 6:22:49 AM
My Notes
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