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Scott Bessent: “Real wages grew about 17%.”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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FULL REMARKS: Treasury Secretary Scott Bessent Speaks At Reagan National Economic Forum

Published | Video Starts at 29:45

… is what the Biden administration did where they came out and said it's a vibe session. The American people don't know how they're feeling. That was 21.5% stated CPI inflation. Real wages grew about 17%. So big loss in purchasing power. But our friend Jason Trennert has something, I think it's called the Everyman index of the word common man, common man index. (29:45–29:49)

CLAIM

Asserts that real wages have increased by approximately 17%.

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