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TexasTowelie

(125,815 posts)
Tue Jan 20, 2026, 11:18 PM 8 hrs ago

Treasury 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.
21 replies = new reply since forum marked as read
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Treasury Secretary Says Average Retiree Owns '5 to 12 Homes'; Americans Furious - The Logical Leftist (Original Post) TexasTowelie 8 hrs ago OP
he might be right with that meaningless statistic rampartd 8 hrs ago #1
STFU vapor2 8 hrs ago #2
I own only 1 home as a retiree at140 8 hrs ago #3
Uh huh, tell us how Democrats are the " elitists" and republicans understand the " the working class" again? tulipsandroses 8 hrs ago #4
This is me.. 😳 This administration is nucking futs..all of them Deuxcents 8 hrs ago #5
Me as well jfz9580m 7 hrs ago #11
Trump's delusions must be contagious. Ilsa 7 hrs ago #6
Oh boy. sheshe2 7 hrs ago #7
And, he is on what planet? BarbD 7 hrs ago #8
Bush's Treasury Secretary said the same kind of crap. They only care about the rich. ChicagoTeamster 7 hrs ago #9
Actually Commerce Secretary Lutnick said that Seinan Sensei 5 hrs ago #20
that's why girls get 30 dolls for xmas. pansypoo53219 7 hrs ago #10
Be nice, now... BurnDoubt 6 hrs ago #12
He must be thinking of his mother-in-law that didn't need her Social Security check. Buddyzbuddy 6 hrs ago #13
krasnov needs to go attend a NASCAR race not fooled 6 hrs ago #14
They're thieves cosplaying as politicians and this is part of the performance. live love laugh 6 hrs ago #15
Talk about your room illiteracy... Montauk6 6 hrs ago #16
Is he counting the retirees that are now homeless and living in their cars if they have one? Or the ones appleannie1 6 hrs ago #17
He's right. Old Crank 6 hrs ago #18
A fucking genius RainCaster 5 hrs ago #19
He can only acknowledge the rich Simeon Salus 1 hr ago #21

rampartd

(3,960 posts)
1. he might be right with that meaningless statistic
Tue Jan 20, 2026, 11:28 PM
8 hrs ago

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.

at140

(6,210 posts)
3. I own only 1 home as a retiree
Tue Jan 20, 2026, 11:34 PM
8 hrs ago

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)
4. Uh huh, tell us how Democrats are the " elitists" and republicans understand the " the working class" again?
Tue Jan 20, 2026, 11:37 PM
8 hrs ago

This sure does not sound like the party that understands " the common man".

jfz9580m

(16,635 posts)
11. Me as well
Wed Jan 21, 2026, 12:49 AM
7 hrs ago

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 can’t be good.

Yeah well..it is way more everyone else than me ;-/.

I wasn’t 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..

Don’t want to be harangued (in general) ;-/..if it ever came up..

Ilsa

(63,911 posts)
6. Trump's delusions must be contagious.
Wed Jan 21, 2026, 12:37 AM
7 hrs ago

These people have a problem with living in the real world.

ChicagoTeamster

(488 posts)
9. Bush's Treasury Secretary said the same kind of crap. They only care about the rich.
Wed Jan 21, 2026, 12:43 AM
7 hrs ago

Remember when Bessent said his retired mother wouldn’t miss her social security check?

Seinan Sensei

(1,395 posts)
20. Actually Commerce Secretary Lutnick said that
Wed Jan 21, 2026, 02:22 AM
5 hrs ago

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

BurnDoubt

(1,543 posts)
12. Be nice, now...
Wed Jan 21, 2026, 01:01 AM
6 hrs ago

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)
13. He must be thinking of his mother-in-law that didn't need her Social Security check.
Wed Jan 21, 2026, 01:15 AM
6 hrs ago

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.

live love laugh

(16,212 posts)
15. They're thieves cosplaying as politicians and this is part of the performance.
Wed Jan 21, 2026, 01:26 AM
6 hrs ago

I’m waiting for people to wake up and stop listening to this bullshit.

appleannie1

(5,424 posts)
17. Is he counting the retirees that are now homeless and living in their cars if they have one? Or the ones
Wed Jan 21, 2026, 01:27 AM
6 hrs ago

living with their kids because SS does not cover their rent?

Old Crank

(6,713 posts)
18. He's right.
Wed Jan 21, 2026, 01:53 AM
6 hrs ago

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.

Simeon Salus

(1,576 posts)
21. He can only acknowledge the rich
Wed Jan 21, 2026, 06:03 AM
1 hr ago

The rest are invisible to him, mere insects from their vantage point.

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