Let's talk with Gilbert in Alabama, line for independence.
Hi, Gilbert.
unidentified
Yes, good morning to C-SPAN.
As I was listening to the previous section talking about the budget cuts, I think that before the Great Depression, this country didn't have a social safety net.
And with the cuts that's coming from the Education Department, cuts at FEMA, and especially that at the USAID, this country is setting itself up for creating a perpetual social underclass.
Now, everybody talk about cutting this and cutting that, but it took the funding to these different agencies to keep us where people wouldn't afford the destitution.
That's why the Great Depression was so hard.
And what I see on the horizon is that America is going down a slippery slope if they think that they can take all the funding from all these different agencies and don't directly affect the demographic of people that's already catching in in these countries.
I think that the Department of Government Efficiency is an excellent department that was originated or architected or propagated rather by President Donald Trump.
However, there is other measures that America should teach in the area of natural resources.
Because currently speaking, when it comes down to our reserves, when it comes down to carbon fibers and what have you, America has to keep in mind its space exploration.
And when that is inputted, or we take concentration, broad concentration in space as limitation, it's going to minimize natural resources for the United States on the earth spatial plane in an essence.
So therefore, my question would be for a forward advancement of natural resources, would in fact nuclear power would be beneficial to the American economy.
This headline from CNN, U.S. consumer sentiment plummets to second lowest level on record going back to 1952.
The story says that it plunged 11% this month to a preliminary reading of 50.8.
The University of Michigan said in its latest survey released Friday, the second lowest reading on record going back to 1952.
April's reading was lower than anything seen during the Great Recession.
And it says this decline, like the months, pervasive and unanimous across age, income, education, geographic region, and political affiliation.
Joanne Su, the survey director, said in a release, sentiment now lost more, has now lost more than 30% since December of 2024 amid growing worries about trade war developments that have oscillated over the course of the year, she added.
And it was Press Secretary Carolyn Levitt that was asked about the new survey yesterday during the White House press briefing.
Look, I think there's a great optimism in this economy, great optimism for the American people, a lot of reason for people to feel optimistic.
The president is, as I just said, trying to renegotiate the global trade agenda that has ripped off the American people for far too long.
As he said, this is going to be a period of transition.
He wants consumers to trust in him and they should trust in him.
Look at what he did in his first term.
And I just want to reiterate all the reasons to be confident since you asked, Jeff, for those watching at home, yesterday, the CPI report, inflation declined massively.
Consumer prices are dropping for the first time in years.
Energy prices are down.
In fact, oil prices are down 20% since this president took office.