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TexasTowelie

(125,869 posts) Tue Jan 20, 2026, 11:18 PM Tuesday

Treasury Secretary Says Average Retiree Owns '5 to 12 Homes'; Americans Furious - The Logical Leftist [View all]

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.

34 replies

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Treasury Secretary Says Average Retiree Owns '5 to 12 Homes'; Americans Furious - The Logical Leftist [View all] TexasTowelie Tuesday OP

he might be right with that meaningless statistic rampartd Tuesday #1

STFU vapor2 Tuesday #2

I own only 1 home as a retiree at140 Tuesday #3

Uh huh, tell us how Democrats are the " elitists" and republicans understand the " the working class" again? tulipsandroses Tuesday #4

This is me.. 😳 This administration is nucking futs..all of them Deuxcents Tuesday #5

Me as well jfz9580m Yesterday #11

Trump's delusions must be contagious. Ilsa Yesterday #6

Oh boy. sheshe2 Yesterday #7

And, he is on what planet? BarbD Yesterday #8

Bush's Treasury Secretary said the same kind of crap. They only care about the rich. ChicagoTeamster Yesterday #9

Actually Commerce Secretary Lutnick said that Seinan Sensei Yesterday #20

Oh that's right. Thanks for the clarification ChicagoTeamster Yesterday #22

that's why girls get 30 dolls for xmas. pansypoo53219 Yesterday #10

Be nice, now... BurnDoubt Yesterday #12

He must be thinking of his mother-in-law that didn't need her Social Security check. Buddyzbuddy Yesterday #13

krasnov needs to go attend a NASCAR race not fooled Yesterday #14

They're thieves cosplaying as politicians and this is part of the performance. live love laugh Yesterday #15

Talk about your room illiteracy... Montauk6 Yesterday #16

Is he counting the retirees that are now homeless and living in their cars if they have one? Or the ones appleannie1 Yesterday #17

He's right. Old Crank Yesterday #18

A fucking genius RainCaster Yesterday #19

He can only acknowledge the rich Simeon Salus Yesterday #21

nuts maliaSmith Yesterday #23

WTF!? These idiots are entirely clueless. And they are in charge of our economy... Martin68 Yesterday #24

The average retiree has maybe around $200,000 in savings wolfie001 Yesterday #25

Well, I'm a Few Short Deep State Witch Yesterday #26

I've owned 6 in my lifetime CanonRay Yesterday #27

Well sure. America has nearly 4 billion houses. unblock Yesterday #28

Someone must have sold my other 4-11 homes mwmisses4289 Yesterday #29

He sometimes confuses reality with the board game Monopoly. Retirees don't own railroads either. twodogsbarking Yesterday #30

I can barely afford 1 home. Americanme Yesterday #31

I have only owned one and at 79, am about to purchase 11 more so I can be average. I'm putting my new homes Wonder Why Yesterday #32

And this guy is an economics guy? Jesus! I wouldn't touch any advice put forth by any of tRUMP's henchmen. For SWBTATTReg Yesterday #33

This pegs a 10 on my BS meter airplaneman Yesterday #34