US Treasury Sec Bessent: US economy is brittle underneath

  • US economy brittle underneath due to excessive spending by Biden admin
  • Job growth in recent years has been concentrated in gov’t and govt-adjacent sectors
  • US data suggests financial health is concentrated at the top of the economic spectrum
  • Must swap economic growth from gov’t to the private sector

He’s not exactly cheerleading here.

This article was written by Adam Button at www.forexlive.com.