US Treasury SecretaryScott Bessent used the quote, "This ALWAYS ends in decay and ruin," to refer to communism and, by extension, policies he views as leaning toward extreme socialism, particularly in the context of New York City politics. 
In recent interviews on November 4, 2025, Bessent was discussing the results of an election in New York City where a candidate with far-left, potentially socialist/communist-leaning policies, was elected. 


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