Rich Guys Share Your Pain: Just From a Different Tax Bracket
Bessent, who owns up to $25 million in North Dakota farmland leased for over $1 million annually, apparently 'feels the pain' of American farmers facing devastating trade war losses. While these farmers lost their largest export market and an estimated $13 billion in annual sales, Bessent's 'pain' involved delaying an ethics-mandated divestment of his holdings. He then hinted that a new framework
deal, delivered by his administration, would solve everything. Convenient timing for a man who directly profits from agricultural policy. It's a familiar script: the gilded elite empathizing from their ivory towers, only to announce a 'solution' that often reconfirms their own financial interests. One might wonder if his 'pain' refers to the momentary inconvenience of paperwork, rather than the
generational destruction of lost livelihoods reported by the very outlet covering his performance. This isn't shared pain; it's a tax write-off dressed as empathy.