Bessent Declares Widening Gap Between Rich and Poor 'Dead'
Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.
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C0RI0LANUS
Joined 2023/01/13Visited 2026/07/29
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www.nytimes.com/2026/08/05/b ... [image or embed] -- Bill Grueskin (@bgrueskin.bsky.social) 7:48 AM · Aug 6, 2026
www.nytimes.com/2026/08/05/b ... [image or embed]
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I'm just eternally grateful that the 2024 Democrats paid strict attention to the millions and millions of pacifists, pro-Palestine volunteers, and peace Samaritans to hold on to their incumbency on Tuesday 5 Nov 2024 or Amerikkka would be run by rapacious oligarchs and pathological warmongers today.
Whew!
#1 | Posted by C0RI0LANUS at 2026-08-06 10:04 AM | Reply
Completely divorced from reality.
#2 | Posted by qcp at 2026-08-06 10:11 AM | Reply
What's wrong with these poor people?!?
Can't they just sell one of their six homes???
#3 | Posted by Danforth at 2026-08-06 10:46 AM | Reply
---- these slimy --------
#4 | Posted by LegallyYourDead at 2026-08-06 11:58 AM | Reply
Just checking: racism is now also over, right?
#5 | Posted by Zed at 2026-08-06 12:48 PM | Reply
Maybe if you put down that video game controller and actually got a job, not that anyone would hire you, you might feel differently.
#6 | Posted by fishpaw at 2026-08-06 12:48 PM | Reply
As a guy with 2 jobs, and a controller, I'm offended. LOL
#7 | Posted by Alexandrite at 2026-08-06 12:49 PM | Reply
Re 6
Why put down the controller if you like using controllers?
AI is coming (reminder to old man Fish).
Be creative.
You can get a job using a video game controller these days.
Several professions use video game controllers directly for testing, entertainment hosting, or operating remote machinery, while cognitive skills from gaming are actively recruited for high-focus fields like Federal Aviation Administration Air Traffic Control.
#8 | Posted by donnerboy at 2026-08-06 12:58 PM | Reply
Good-for-nothing mega-oligarch Scott Bessent is worth $600m.
We have Americans who can't afford toilet paper, muchless their health insurance premiums, people selling plasma to make ends meet (causing a blood shortage at the American Red Cross), four million hungry people kicked off SNAP benefits, folks using PayPal just to buy groceries that are under-nutritious and ultra-processed anyway, and this rakshasa pules that the "gap between the rich and the poor is over."
#9 | Posted by C0RI0LANUS at 2026-08-06 12:58 PM | Reply
Mission Accomplished.
#10 | Posted by donnerboy at 2026-08-06 01:04 PM | Reply
Nutshell:
Rich White Guy Helping to Ruin the Country Sez Rich White Guys Are Not Helping to Ruin the Country.
#11 | Posted by NerfHerder at 2026-08-06 01:13 PM | Reply | Newsworthy 1
*** GOP Rep. Dan Crenshaw (R-TX): "Stop Whining About Food Prices and Eat Ramen Noodles!" ***
"Just hearing about this dumb $20 burrito debate so just thought I'd make the losers on social media angry before going to bed. Stop whining, get a job, eat Ramen like the rest of us did in college, on a budget with four roommates. The market doesn't care what you think something should' cost. Only communists care (they set prices remember? Then everyone starves, remember?) Are you a communist? Or are you an American adult male capable of handling his own shht?"
(Source: X.com, 5 Aug 2026)
~snip~
Per the internet, this malpariso earns $174,000 a year, enjoys platinum heathcare in Congress, receives VA benefits for injuries suffered in combat, and has a net worth of $2.5m.
See you on Tuesday 3 Nov 2026, "Tex."
#12 | Posted by C0RI0LANUS at 2026-08-06 01:18 PM | Reply
www.tag24.com
... "I got sick of hearing about this K-shaped economy," Bessent said during an interview with CNBC on Tuesday. "I can say here definitively: The K-shaped economy is over!" ...
#13 | Posted by LampLighter at 2026-08-06 01:20 PM | Reply
I fully encourage all GOP candidates for Congress to embrace Bessent's message for the general election. Make it the primary message of your campaign and I promise you that nothing bad can happen, it can only good happen.
#14 | Posted by johnny_hotsauce at 2026-08-06 01:23 PM | Reply | Newsworthy 2
"The K-shaped economy is over!"
And then he waved his magic wand and shouted "Evanesco"!
#15 | Posted by donnerboy at 2026-08-06 01:28 PM | Reply
Like anything Fishpud says, it's a self-retorting retort. Poor, unemployable dumbass.
#16 | Posted by LegallyYourDead at 2026-08-06 05:05 PM | Reply
Eat my ramen noodle.
#17 | Posted by Alexandrite at 2026-08-06 05:11 PM | Reply
What?!? You going to believe all the evidence and your lying eyes or are you going to believe those paragons of integrity, the current administration? I mean, really, people, get with the program.
#18 | Posted by morris at 2026-08-06 05:19 PM | Reply
As one who lives in low income senior and disabled HUD housing...the facts speak for themselves, though one wonders if Trump could have found a more smarmy economic bully do deliver the news to the poor that they are...dead to Trump, than Bessent.
#19 | Posted by Hughmass at 2026-08-07 06:26 AM | Reply
The way Bessent oozes condescension reminds me of Dana Carvey's "Church Lady."
#20 | Posted by Doc_Sarvis at 2026-08-07 07:43 AM | Reply
I sent my low income-earner on a plane this morning and sent her back to Arizona with her mom.
She is always whining about me not giving her the money she needs to enjoy the lifestyle she feels entitled to.
#21 | Posted by madbomber at 2026-08-07 07:48 AM | Reply
Speaking of whining ...
#22 | Posted by Doc_Sarvis at 2026-08-07 07:55 AM | Reply | Newsworthy 1
@#18 ... You going to believe all the evidence and your lying eyes or are you going to believe those paragons of integrity, the current administration? ...
That's the problem the Trump admin has on this topic.
Gas stations are everywhere, and they have to show their prices on large signs.
And then there are those who shop for groceries ...
#23 | Posted by LampLighter at 2026-08-07 01:22 PM | Reply
F*&^ off. This is like hitting your wife then yelling "why'd you make me hit you?"
Pompous, self-absorbed, self-righteous "progressive" s*&^bags helped give us this mess. That's not a noble or good thing.
#24 | Posted by jpw at 2026-08-07 02:47 PM | Reply
Maybe you -------- Corporatists, will pay more attention to the coalition You Have, instead of wooing Republicans who despise you.
Corporate Democrats by themselves don't have the Votes to win,that means they Have to Compromise if they want to win.
But Compromise with (gasp) Progressives and Democratic Socialists is just, Too Icky, for that.
So just watch the Country circle the bowl Cuz' you can't play nice with your Coalition.
Progressives have been waiting in vain,for years, for the Democratic party to throw them any Red Meat they're not being Represented by Anyone so you can enjoy the ---------------- of everything for a while until you learn who your real partners are.
This one's for you Beaker Boy.
#25 | Posted by Effeteposer at 2026-08-07 03:26 PM | Reply
This line is so f*&^ing stupid I'm not even going to read beyond it or give it a reasoned response.
You're a great reason why Progressives are despised despite strong policy agreement amongst a majority of Americans.
#26 | Posted by jpw at 2026-08-07 04:42 PM | Reply
You just don't want to play nice with people Inclined to Actually Vote Democratic.
Chasing Soccer Moms and mythical "Independents" who always Vote against any Change to the Status Quo.
Trump's Blatant Corruption and Incompetence,his Crimianal Wars and Aggression, may give the Mainstream Dems an opening to win without the Progressives but they would really rather lose to another Republican than allow a Progressive or Democratic Socialist a shot at the Presidentcy.
The DONORS can't stand the Idea of a Progressive President who actually is Responsive to anyone's policy ideas but the Oligarchs.
Trump is Boorish and Stupid but he's great for the Donors and their selfish interests.
That's why he won, Twice.
#27 | Posted by Effeteposer at 2026-08-07 05:24 PM | Reply
The only thing dead is the middle class.
#28 | Posted by ClownShack at 2026-08-07 05:28 PM | Reply
For JPW,
Excerpt from Dr Martin Luther King's letter from Birmingham prison:
First, I must confess that over the past few years I have been gravely disappointed with the white moderate. I have almost reached the regrettable conclusion that the Negro's great stumbling block in his stride toward freedom is not the White Citizen's Counciler or the Ku Klux Klanner, but the white moderate, who is more devoted to "order" than to justice; who prefers a negative peace which is the absence of tension to a positive peace which is the presence of justice; who constantly says: "I agree with you in the goal you seek, but I cannot agree with your methods of direct action"; who paternalistically believes he can set the timetable for another man's freedom; who lives by a mythical concept of time and who constantly advises the Negro to wait for a "more convenient season." Shallow understanding from people of good will is more frustrating than absolute misunderstanding from people of ill will. Lukewarm acceptance is much more bewildering than outright rejection.
I had hoped that the white moderate would understand that law and order exist for the purpose of establishing justice and that when they fail in this purpose they become the dangerously structured dams that block the flow of social progress. I had hoped that the white moderate would understand that the present tension in the South is a necessary phase of the transition from an obnoxious negative peace, in which the Negro passively accepted his unjust plight, to a substantive and positive peace, in which all men will respect the dignity and worth of human personality. Actually, we who engage in nonviolent direct action are not the creators of tension. We merely bring to the surface the hidden tension that is already alive. We bring it out in the open, where it can be seen and dealt with. Like a boil that can never be cured so long as it is covered up but must be opened with all its ugliness to the natural medicines of air and light, injustice must be exposed, with all the tension its exposure creates, to the light of human conscience and the air of national opinion before it can be cured.
www.africa.upenn.edu
#29 | Posted by ClownShack at 2026-08-07 05:46 PM | Reply
I don't want to positively reinforce the petulant child wing of the Dem base who are too self absorbed and self-righteous to see that their actions (ie taking their ball and going home) not only work against their own stated goals but actually hurt their objectives more than if they'd simply stopped being puling piles of petulant dips*&^s.
You're so wrapped up in your bubble of self-enamored amazement at your own morality and superior character that you spit these nonsensical "insults" that are nothing more than an admission of your own unthinking, uncritical conformity.
but they would really rather lose to another Republican than allow a Progressive or Democratic Socialist a shot at the Presidentcy.
And without any further prompting, you prove every single word above true.
You just can't help yourself.
#30 | Posted by jpw at 2026-08-07 05:47 PM | Reply
Gee.. 23k jobs loss and the possible implosion of United Wholesale Mortgage doesn't scream "K"..
"Hello 2008, here's you're beer, now hold my fentanyl."
#31 | Posted by redlightrobot at 2026-08-07 05:53 PM | Reply
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