Fox News Host Says Trump Should Tell Worried '401(k) People' To Sacrifice Like It's Wartime
Fox News’ Harris Faulkner suggested President Donald Trump tell retirees — or as she said, “401(k) people” — to adopt the spirit of World War II-era Americans to get through the “bumpy period“ brought about by his handling of the economy.
The broadcaster’s advice came as Trump prepares to unveil a new round of aggressive tariffs on Wednesday, dubbed “Liberation Day,” which he claims will unleash the U.S. economy. Critics fear the plan, in fact, will wreck it.
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Wall Street has already reacted negatively to Trump’s on-off relationship with the import tax, with the benchmark S&P 500 having its worst quarter in two-and-a-half years.
And, of course, a stock market fall immediately impacts people who are already or about to live on their diminishing 401(k)s, given that retirement funds are largely pegged to the performance of the markets.
On Tuesday’s edition of Fox News’ “Outnumbered,” a panel led by Kayleigh McEnany discussed the day’s White House press briefing, where press secretary Karoline Leavitt was asked about seniors “stressed about these wild swings in the stock market because of the tariff uncertainty.”
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Apparently unfazed by the turmoil, Faulkner said, “Everything’s going to work out, and the markets are a snapshot,” and urged Trump to “make a deal.”
“So part of that deal is making sure your shareholders, the actual people, not by money but by vote, understand what’s coming,” she mused.
Faulkner continued that Trump should speak plainly to retirees, or “those 401(k) people.”
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She went on, “Look, when this nation used to go to war, people in this country would support the war effort with their materials at home and making things for weaponry and all that. We gotta do 100% buy-in over this bumpy period. Just communicate.”
Suffice to say, the suggested Keep Calm and Carry On approach elicited a strong reaction on social media.
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