Breitbart Business Digest: The Day Bessent Glitched the Democrats

The political landscape in America is always tumultuous, with Democrats and Republicans constantly at odds over policies and decisions. But in recent news, it seems that the Democrats have taken their attacks a step too far, targeting Treasury Secretary Scott Bessent for a decision made by the Trump administration. What’s interesting, however, is that this program was something that progressive Democrats had tried and failed to enact themselves. This contradiction only serves to highlight the hypocrisy and desperation of the Democratic party.

According to recent reports, Democrats have been criticizing Bessent for his role in implementing a program that offers economic relief to struggling businesses impacted by the COVID-19 pandemic. The program, known as the Paycheck Protection Program (PPP), provides loans to small businesses to help them stay afloat and retain their employees during these trying times. However, instead of acknowledging the positive impact of this program, Democrats have opted to vilify Bessent and the Trump administration.

Their criticism stems from the fact that the PPP is a part of the CARES Act, a stimulus package passed by Congress in response to the pandemic. But what Democrats conveniently fail to mention is that they initially proposed a similar program as a part of their own stimulus package. In fact, House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer had proposed a plan that included a small business loan program with many similarities to the PPP. However, their plan was rejected by the Republican majority in Congress.

And now, Democrats are using Bessent as a scapegoat for their own failures. Instead of acknowledging the effectiveness of the PPP and the positive impact it has had on countless businesses and their employees, Democrats have resorted to personal attacks on Bessent. This tactic is not only unfair but also indicative of their own insecurities.

But why are Democrats so intent on attacking Bessent and the Trump administration? The answer is simple – they are afraid of losing political ground. With the upcoming election, Democrats are desperately trying to find ways to discredit the current administration and its accomplishments. And the fact that the PPP has been successful in helping small businesses and the economy is a major blow to their narrative.

Moreover, the Democrats’ attacks on Bessent are also a reflection of their lack of understanding of the financial world. Being a successful hedge fund manager, Bessent has a wealth of knowledge and experience in managing financial crises. His expertise is exactly what the country needs during these challenging times. But instead of recognizing this, Democrats have chosen to criticize and discredit him.

In any other situation, Bessent’s involvement in the PPP would have been lauded and praised by Democrats. But because it was implemented by the Trump administration, they feel the need to attack and undermine its success. This shows a lack of integrity and puts their political agendas above the well-being of the country and its citizens.

In conclusion, the recent attacks on Treasury Secretary Scott Bessent by Democrats are unjust and hypocritical. The PPP has been successful in providing much-needed relief to struggling businesses, and its implementation should be applauded. Instead of criticizing and vilifying Bessent, Democrats should support and work towards the betterment of the country. We should put our political differences aside and come together for the greater good. Let’s focus on moving forward and rebuilding, rather than tearing each other down.