Scott Bessent compares Donald Trump to Ronald Reagan

Both immediately went for tax cuts.  They both focused on the biggest external threat.  Reagan spent the Soviet Union into oblivion.  I think Trump had a different idea for how to deal with China and make up for a lot of bad historical trade agreements...  Even "Make America Great Again" was a Reaganesque saying.  It's an optimistic vision of America instead of managed decline which I think Biden 2.0 would be.

~ Scott Bessent, "The Fallacy of Bidenomics: A Return to Central Planning," Manhattan Institute, 22:10 mark, June 13, 2024