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Related: About this forumTreasury Secretary Says Average Retiree Owns '5 to 12 Homes'; Americans Furious - The Logical Leftist
At the World Economic Forum in Davos, Trump's Treasury Secretary Scott Bessent claimed that the "average" American retiree owns between 5 and 12 homes.
Jeff breaks down this baffling display of economic illiteracy, explains where this "gibberish" statistic likely came from, and exposes just how disconnected the new administration is from the working class they claim to represent.
rampartd
(3,960 posts)if i own 1 home and bessent owns 23 we average out at a dozen each.
"we need to declare an emergency to avoid the emergency" bessent
"we have asymmetrical data" bessent, the guy on meet the press to tell us what they know that we dont.
vapor2
(3,914 posts)at140
(6,210 posts)but I could own 7 homes if rental property was my interest. I do not want any headaches in my old age with running a rental business. So I will die a one home owner.
tulipsandroses
(8,142 posts)This sure does not sound like the party that understands " the common man".
Deuxcents
(25,687 posts)jfz9580m
(16,635 posts)I have been thinking about the multiverse theory only semi whimsically, because this seems like an exceptionally inane one.
Apparently all of our collective consciousness took various decisions etc that has lead to Trump 2.0. That cant be good.
Yeah well..it is way more everyone else than me ;-/.
I wasnt feeling that well (in the last 14.5 years..).. I may have had a slight brain injury in the Fall of 2011. It has been mending and I use medical mj once a month to reset my brain and then I really can see it - difference like night and day..
Dont want to be harangued (in general) ;-/..if it ever came up..
Ilsa
(63,911 posts)These people have a problem with living in the real world.
sheshe2
(96,230 posts)BarbD
(1,376 posts)He is so out of touch with reality, it is more than pathetic.
ChicagoTeamster
(488 posts)Remember when Bessent said his retired mother wouldnt miss her social security check?
Seinan Sensei
(1,395 posts)Nutlick said only fraudsters would complain if they missed a SS check
He said his dear 94-yr-old Mother-in-Law (whose beloved Son-in-Law is a billionaire) would not complain
pansypoo53219
(22,917 posts)i didn't even askfor the 1 barbie i got.
BurnDoubt
(1,543 posts)They don't know ANYBODY who doesn't own five or six rental properties. And, he didn't mention all the ones who own HOTELS!!!!
All the people he plays golf with do.
AND... they all have "Get Out of Jail Free" cards.
Buddyzbuddy
(2,209 posts)And now we know why. This is another reason why there should be no billionaires and they certainly should not have the safety and security of Americans under their rule nor should they be making policy decisions for them.
not fooled
(6,612 posts)to reassure the dimwits he's still their guy.
live love laugh
(16,212 posts)Im waiting for people to wake up and stop listening to this bullshit.
Montauk6
(9,318 posts)appleannie1
(5,424 posts)living with their kids because SS does not cover their rent?
Old Crank
(6,713 posts)The average American he hangs with owns that manny homes.
Personally my second house is a gingerbread one on the table left over from Xmas.
RainCaster
(13,408 posts)He hires the very best.
Not!
Simeon Salus
(1,576 posts)The rest are invisible to him, mere insects from their vantage point.