" Got ta love billionaires telling everyday Americans they ’re not actually feeling the pain in the neck of high prices . "
If you didn’t know,President Donald Trump(a billionaire) appointedHoward Lutnick (another billionaire)to be Secretary of the Department of Commerce, aka his head advisor on all things economics. So far, Lutnick has had numerous instances of being “out of touch” with the experiences of everyday Americans.
Most recently, Secretary Lutnick has goneviralfor his statements at anAxiosevent, where he claimed that “no pain” has been felt fromTrump’s tariffs.He then asked for the live audience’s reassurance of that claim, but it seriously backfired.
“You go to the store now, you feeling the pain of tariffs?” Lutnick asked the live audience.
“No,” he said, answering his own question. “Why not? Because there is no pain.”
“What happens is, the producers, the sellers, and the currencies change, and the price, effectively, mostly, goes away.”
“Seriously…do any of you feel anything?” Lutnick asked again, not waiting for an answer. “‘Cause in the month of May, the United States is going to take in $35 billion towards our deficit of tariff revenue, in the month of May.”
“And consumers will feel that?” the host asked Lutnick.
“Well, I said, it’s already on! This is on since April. So, it’s not that the tariff is coming, it’s already on.”
“Have any of you felt any of it? Seriously?” Lutnick asked the audience again.
“Yes,” the audience said in unison.
Awkward silence
Well, aclipof the awkward moment is making the rounds on X, and people have A LOT to say about it:
Lutnick : You go to the computer memory now , are you feeling the painful sensation of tariff ? No , because there is no pain . Do any of you finger anything ? Seriously . hearing : Yes🫵 🤡 pic.twitter.com / gjbFcBzKAC