LIES vs. FACTS: Bessent Won’t Take Responsibility for Trump’s Failing Economy
May 6, 2025

Donald Trump’s economy is a total trainwreck: Grocery prices are skyrocketing, the job market is plummeting, and economists are bracing for a “serious Trump recession.” While Treasury Secretary Scott Bessent attempts to spin Trump’s failing economy before Congress, hardworking Americans struggle to make ends meet — with no relief from the Trump administration.
Luckily for Trump and his team, we brought the receipts:
LIE: Scott Bessent claimed there was nothing to suggest Trump’s economy was already headed into a recession.
FACT: The GDP contracted in the first quarter – signaling the US could already be in a recession.
LIE: Bessent said Trump lowered the cost of goods and energy prices.
FACT: Thanks to Trump, grocery and electricity prices reached record highs, while gas prices remain elevated.
LIE: Bessent tried to brag about job gains under Trump.
FACT: Monthly job gains are down over 50% compared to the last administration, and layoffs have spiked to the highest level in five years.