Donald Trump, accompanied by his wife Melania, attends a New Year's Eve event at Mar-a-Lago in Palm Beach, Florida, U.S., December 31, 2024. REUTERS/Marco Bello

President Donald Trump’s cadre of millionaires couldn’t be more clueless and tone deaf, says columnist Jennifer Rubin on the Contrarian.

“At a swanky private dinner last week, Treasury Secretary Scott Bessent threatened to punch Bill Pulte, Federal Housing Finance Agency director ‘in the f------ face’ … like a “petulant 3rd grader,” Rubin writes. “The backdrop of a temper tantrum provides an even more disturbing picture of the world in which MAGA oligarchs operate.”

“At a moment when Americans who are already financially squeezed face huge cost increases in healthcare, housing and energy, the bratty children at Mar-a-Lago North exist in a world of their own,” Rubin said.

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Politico reported the recent inaugural dinner and birthday party at Executive Branch, “the ultra-exclusive Georgetown club created by and for Trump world’s uberrich” included “a long table for the 30-some guests set with top-of-the-line crystal and china.”

But Bessent hurled an expletive-laden diatribe after catching word Pulte “had been badmouthing” him to Trump.

“Why the f--- are you talking to the president about me? F--- you,” Bessent told Pulte. “I’m gonna punch you in your f------ face.”

“When the international trade system is melting down, the independence of the Fed is imperiled, unemployment and inflation are ticketing up, job growth has practically flatlined and Americans by a healthy margin think the economy is getting worse, the oligarchy is whooping it up in high style,” Rubin writes. “So much for Republicans’ economic populism — or their political antennae.”

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But average Americans know the economy is going downhill, said Rubin, as do honest investors and employers. Now, it falls to Democrats to convince enough voters that Democrats understand how tough things are while Trump and his ilk throw parties with fine china.

“Dems can argue that while Bessent, Pulte, and the other economic illiterates live it up at MAGA extravaganzas surrounded by candelabra, Democrats can be counted on to make life easier for everyone else,” writes Rubin. “With a simple agenda (e.g., a humane and effective immigration plan, respect for Fed independence, returning the ACA and Medicaid to firm footing, repeal of the tariffs/consumer taxes, investment to keep pace with the green energy revolution), Democrats can offer the economic leadership that MAGA carousers could never imagine, let alone provide."

Read Rubin's full column at this link.