“Access to cheap goods is not the essence of the American dream,” Treasury Secretary Scott Bessent said last month. “Yeah, they’re cheap, they’re low quality, but if you’re a low-income young person or young family, that’s kind of bread and butter for survival,” Bethune told HuffPost. “If you have young kids, you’ve got to buy them a new pair of shoes every year because they’re growing. “This is a win for every American!”AdvertisementAsked about his disdain for “cheap goods” in another interview last month, Treasury Secretary Bessent pointed to more important goods becoming more affordable in the future. “The American dream is not contingent on cheap baubles they get from China.

Source: Huffington Post April 05, 2025 18:26 UTC