When Scott "Smiley" Bessent took on the roll of Trump's "smiling face secretary of the treasury" he had only THREE responsibilities.
1. Lie to the American people. 2. Execute Trump's feed the rich policies. 3. Keep smiling no matter how bad the economy fails.
He famously said he was "worried about the deficit". Trump has now created the worst deficit in U.S. history.
The U.S. federal budget deficit reached nearly $2 trillion for fiscal year 2026, marking a 12% increase compared to the previous fiscal year's $1.78 trillion rise.
Bessy keeps smiling!!!
And, it's not like the people who voted for Trump weren't warned... not only did Trump bankrupt a slew of companies, including real estate, hotels, even a casino, but the proof he was an economic moron were staring them right in the face as they took their pens and marked the little rectangle next to his name in the 2021 presidential election.
Facts: During Donald Trump's first term (2017 to 2021), the U.S. national debt grew by approximately $7.8 trillion, rising from $19.95 trillion to $27.75 trillion, a 39% increase.
Well, a lot of Trump supporters aren't smiling any more. They're pissed. But, they really can't blame anyone but themselves. It's the old saying "Fool me once, shame on Trump... fool me twice...wow I'm a moron!!!".
This last Sunday Scott "Smiley" Bessent, whose face looks like one you would see in photos in medical journals showing a botched plastic surgery done in Tijuana, actually sat there on 60 Minutes in front of millions of Americans and said these LIES:
LIE: The U.S. economy is "strained". TRUTH: There are exploding numbers of people defaulting on their mortgages. That's not "strained" that's catastrophe.
LIE: The U.S. is experiencing a temporary “energy supply shock”. TRUTH: Americans and people around the world are experiencing the result of Trump firing top military advisors and replacing them with morons who told him to attack Iran without an accurate estimate of the effects on the global energy market when Iran fought back.
LIE: Americans have the "highest net worth" in history. TRUTH: This is worse than a lie, it's a shred of truth that people with no grasp of how an economy works hear as "I'm better off". No, 350 million Americans do not have a "highest net worth". In fact, savings are being depleted, credit card debt is skyrocketing, and the number of people living paycheck to paycheck is growing exponentially!
But, here's the "shred"... the net worth of the STINKING RICH is "highest". and here's the truth of why Bessent is smiling like a father staring at his newborn:
Median wealth for families in the top 10% of earners increased by 31% between 2022 and 2025 (adjusted for inflation). Analysis from the Center for American Progress further highlights that households in the top 1% and top 0.1% saw massive average net worth gains of $1.8 million and $9.6 million, respectively.
Households headed by someone 75 or older saw their median net worth jump by 37% to 38% (reaching over $504,000), largely driven by soaring stock portfolios, higher home prices and retirement assets.
PAY ATTENTION TO THIS: Younger Americans (such as those under 35) saw their median net worth drop by 23% over the same period.
Wonder why the 28 year old barista at Starbucks has a scowl on their "not-smiley" face, who still lives with his/her parents, and sees the overall national median existing-home sales price at approximately $417,500.... IT WOULD TAKE SIX YEARS FOR A MARRIED 30 YEAR OLD COUPLE SAVING $10,000 PER YEAR TO COME UP WITH A DOWN PAYMENT FOR A STARTER HOME IN ANY U.S. CITY THAT IS CONSIDERED AFFLUENT.
You bet Scott "My face is stuck smiling" Bessent is smiling, his bank accounts are something for him to smile about. While the Working Middle Class Poor empty their bank accounts for food.
