Poor Scott Bessent is confused and has a question for Democrats

[senseandsensibility]

At his hearing today:" The state of our economy is strong. I defy this side of the aisle (Democrats) to tell me what's wrong with this economy."

So maybe some of you have an answer for poor, confused Scott who just can't seem to understand what is wrong with the economy and why everyone is so upset.

[lostincalifornia]

1. when was the last time he went to the grocery store? When did he last fill up his car with gas?

[senseandsensibility]

2. Well, if you want to nitpick

Seriously though, good point about the filling up the gas tank and buying groceries. I'm sure he has "people" for that.

[ck4829]

3. Haha, what a good joke. I imagine he hasn't been inside a grocery store or read the news

U.S. Foreclosure Filings Spike 18%: Delaware, South Carolina, and Florida Top the List
https://www.realtor.com/news/trends/foreclosures-rise-april-2026-attom-report/

Why are kids getting evicted at record rates? New America talks to Eviction Lab about evictions and child care
https://www.newamerica.org/insights/eviction-and-childcare/

A strong economy shouldn't mean a booming car repo industry
https://www.cnn.com/2026/02/05/business/car-prices-repossession-elizabeth-warren

That's three metrics right there. Now I know, I know, it's not how the billionaires or the Dow are doing, but I'm pretty sure there are other ways to measure the economy, Scotty.

[Lovie777]

4. Why do Republicans have to lie?.......

any sane person knows that the economy sucks.

[ananda]

5. That's because the only people that matter are rich...

and they are doing well.

[unblock]

6. It was better under Biden and they screamed from the rooftops how horrible it was.

Such blatantly partisan cheerleading against all available evidence.

I wonder if we're in a recession if you ignore the wealth extraction being done by the "magnificent seven"....

[UpInArms]

7. Scott Bessent Net Worth

American businessman and government official Scott Bessent has a net worth of around $600 million, as of April 2026. Bessent is the founder of the macro investment firm Key Square Group. According to reports, he has multiple properties worth over $50 million each.

Net Worth (Approx) $600 million (as of April 2026)

This 👆🏼is what is wrong with the economy.

Some people are doing without necessary medication and healthcare, dental needs and food.

And then, there are the Scott Bessents of the world.

[CrispyQ]

8. When you're riding the gravy train, it's probably a pretty good economy.

I hate these people & how they lie like it's nothing.

[sop]

9. Yeah, on average we're all wealthy, Mr. Bessent.

The top 1% own about 32% of all U.S. wealth, the top 10% own more than 68% of all U.S. wealth, while the bottom 50% of all American households hold only about 2.5% of the nation's wealth. Put Elon Musk in a room with 900,000 average Americans and everyone in that room...on average...would be worth a million dollars. The problem, Mr. Bessent, is the incredible wealth disparity that exists in this country, created and perpetuated by people like you over the last few decades.

[Kid Berwyn]

10. Rent is too damn high.

Minimum wage stuck at $7.25 since 2009.

[Vinca]

11. If I had another billion or two, I might not feel as stressed, Scott.

By the way, does anyone know the best way to prepare something called a rump steak? It was the only affordable beef at the store. Maybe Scott could share a recipe or two. Sorry Scott, nothing with caviar, chef says we're out of it.

[DET]

12. Bessent Real Estate

Per Realtor.com…

Since the 1990s, Bessent has bought and sold more than $127 million worth of U.S. real estate, including at least 20 properties in his native South Carolina, New York, Florida and elsewhere. Bessent, 62, has a penchant for historic homes, often restoring and living in the properties he buys. In Manhattan, he has lived in storied prewar buildings such as the Dakota, 1 Sutton Place South and 720 Park Avenue. His other purchases have ranged from a beach house in Provincetown, Mass., to a country home in the North Carolina mountains. Bessent also has a home in London and owns property in Lyford Cay, a private community in the Bahamas

One of Bessent’s most recent transactions involved the sale of a stunning pink historical home in Charleston that sold for $18 million dollars.

I don’t think Scott Bessent is worried about the price of eggs - or pretty much anything else.

[senseandsensibility]

13. The only thing about this quote from Bessent that is surprising

is that he is willing to say it on camera with that stupid, "earnest" expression. Hope the Dems use this clip well in the midterms.

[DET]

15. Perfect Soundbite

To me, Bessent’s stupid, earnest expression is more of an insufferable smirk. It could be a nervous smirk, but it’s a smirk nonetheless. The first word that comes to mind when I think of Bessent’s is ‘effete’.

[chowder66]

14. Um...healthcare premiums?!!

[senseandsensibility]

16. Big one for me

But then I don't have free government healthcare like Scott.

[Johonny]

17. Insurance in general

Auto, hoke, fire etc... insurance inflation rates are insane

[Wiz Imp]

18. High inflation, pitiful job growth, weak GDP growth

That's just for starters

[senseandsensibility]

20. And record credit card delinquencies

Don't know where poor Scott's been hiding, but he has escaped reality very successfully it seems.

[LisaL]

19. Yea, it's a great economy.

Can't afford much, but it's great otherwise.