A host at MAGA-friendly cable channel Newsmax has admitted that he was shocked that President Donald Trump’s tariffs had hit his personal wealth so badly.
Jon Glasgow, frontman of the Sunday Report, played a clip of Treasury Secretary Scott Bessent taking issue with the suggestion that many Americans will have to delay their retirement because their savings have taken a hit. “I think they don’t look at the day-to-day [market] fluctuations,” Bessent said. Glasgow disagreed, telling his guest, former Sen. Rick Santorum: “I looked at my 401(k) and gasped.”
Glasgow even asked the Pennsylvania Republican if Americans would have the grit and patience to weather even short-term pain. “I mean, do you think that a lot of Americans are gonna give the Trump administration this grace period here while they trust in his plan?”
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