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Bessent Rebuts Warren on Inflation

Treasury Secretary Bessent accuses Senator Warren's Trumpflation tracker of ignoring Biden-era inflation, calling it statistical sleight of hand.

First on the board Oct 10, 23:32 · How the board is ranked

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Key points

Bessent says Warren's "Trumpflation" tracker ignores "Bidenflation" and swaps official medical-care CPI data for premium projections.
Bessent says Warren cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office.
Bessent says his post includes an apples-to-apples comparison of President Trump's real economic results against policies Senator Warren championed under Biden.

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Original post

Treasury Secretary Scott Bessent @SecScottBessent 991.6K followersOct 10, 22:23

Another day, another Econ 101 lesson for Professor Warren. Her “Trumpflation” tracker conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office, and swaps official medical-care CPI data for premium projections when it suits her narrative. The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy. Here is the full picture, including an apples-to-apples comparison of President Trump’s real economic results measured against the failed policies Senator Warren championed under Biden.

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What others are saying

2 more

Edward Lawrence @EdwardLawrence Oct 11, 02:586,021

Fox gets Bessent's reply to Sen. Warren, who sent 100+ letters in 21 months; he snarks she should study intro economics.
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Eric Daugherty @EricLDaugh Oct 11, 06:124,907

Treasury Secretary Bessent replies to Warren, mocking her lack of financial market knowledge after over 100 letters.
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Reaction on X: Replies are overwhelmingly critical, calling the post an "Econ 101" deflection and arguing Americans pay 96% of the tariffs and that the administration has had two years in power yet keeps blaming Biden. One reply accuses Warren and Democrats of lying without media fact-checking and quotes Mark Twain; another calls the author a "shrill shill" and an "opportunistic liar." The author did not respond.

From @ghostofgrandpa, @tonelaw, @CCWatcher1 and others. Spam removed, with English and Chinese translations.

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