Scott Bessent says leave blue states to save $25 a month #shorts

Scott Besant is telling people to uproot their lives for twenty five dollars, move out of blue states and go to red states. This is one of my favorite clips of the week. I'm going to explain this. OK, here is Besant with an idea. What do you do about your personal inflation rate?

Here is his his idea.

Well, the person I can tell you that the Council on Economic Advisors has a study. You know, the best way to bring your inflation rate down, move from a blue state to a red state, blue state inflation is half a percent higher. And that is because they don't deregulate. They keep prices up. Energy is higher.

Just look at how satisfied he looked. There's this moment where there's this smirk on his face right here. This smirk. This is the smirk of a guy who thinks he's just done a big boy. He thinks he just found a really clever one. Now, here's the thing.

I looked for the data. Besant says inflation is half a point higher in blue states than in red states. I looked for that information. I couldn't find it. I, I don't know whether that's true, but let's imagine for a moment that Besant is right. Just to show you how weak this idiotic argument is.

Suppose that a household spends 60 grand a year on everything. Okay. Housing, food, get every, just let's pick it $60,000 a year. Okay. A 0.5 percentage point higher inflation rate means, for example, if in the red states, inflation is 3% in the blue states, it's 3.5%.

Okay. That's like $300 a year. That's like $25 dollars a year. That's like twenty five dollars a month. OK, so what what he's basically saying is in the blue states, your cost of living will go up by twenty five dollars a month more than it will go up in the red states. He is saying to families, solve your inflation problem by moving from a blue state to a red

state. Now, aside from losing out on that savings just because of what it costs to move, right? Like ridiculous. Forget about that. Even what he's ignoring is that people make way more money in the blue states. Even what he's ignoring is that people make way more money in the blue states.

Blue states are well above the national median income.