'Americans lost $4 trillion in savings': Dem bluntly deflates GOP Rep's Trump defense
During the panel segment of CNN's "State of the Union," Rep Hillary Scholten (R-MI) slapped aside claims by one of her Republican House colleagues about all the wonderful things Donald Trump has done since his re-election.
The conversation began when host Jake Tapper asked Rep. Nicole Malliotakis (R-NY), "Do you think that there are Trump voters who might have some regret today, given what's going on in the markets with their 401k's?"
"I think people are coming into this looking, look, the president has secured the border, border crossings are down 95 percent," she offered before breathlessly continuing. "He is deporting tens of thousands of people who have been dangerous, including murderers from New York City. He is also making sure that, look, we've seen. Mortgage rates come down, inflation has come down, egg prices have come down –– these are things you cannot ignore."
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"So is there a little concern about the market? Absolutely, there is," she conceded. "I think it is a little bit of a overexaggeration by the market at this moment and I would equate it to a little turbulence as you move to smooth skies, but you've seen trillions of dollars in investment. You've seen companies saying that they're going to expand operations here and of course, a great jobs report the other day, nearly a quarter of a million new jobs."
Offered a chance to respond, Rep. Scholten, who had been smiling and shaking her head, tuned to her colleague and explained, "A jobs report that that came out before the market started crashing and Americans lost $4 trillion in savings."
"You can't ignore, you know, you're talking about giving subsidies to farmers because you know how bad this is going to be," she continued. "You know America is losing under Trump. The American people are losing under Trump."
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