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Bessent slams US supporters of socialism as ‘underachievers’

Bessent slams US supporters of socialism as ‘underachievers’

Summary

Treasury Secretary Scott Bessent said that people in the U.S. who support socialism tend to be well-educated but earn less money. He made these remarks in a live interview on Fox Business.

Key Facts

  • Scott Bessent is the U.S. Treasury Secretary.
  • He spoke about supporters of socialism in the United States.
  • Bessent described these supporters as "underachievers."
  • He said they are often "jealous" of others.
  • He noted that supporters of socialism tend to be well-educated.
  • Despite their education, they tend to earn less money.
  • His comments were made during a live interview on Fox Business with Larry Kudlow.
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