Summary
Donald Trump’s allies, including Elon Musk and John Paulson, are advocating sudden, unspecified spending cuts, likely targeting healthcare and social programs if Trump wins.
Despite strong economic performance under Biden, Trump’s agenda could double the national debt, raising taxes for most Americans while benefitting the wealthy. His policies may cut essential programs, lowering living standards in the short term.
Trump’s campaign has been a bait-and-switch, promising economic restoration while hiding the dire consequences of his proposals.
“As Election Day approaches, however, Trump’s supporters in the business community seem to have realized that his proposals are unworkable and would wreak havoc on the financial system. The only way to make the numbers add up is to pair higher taxes on the bottom 80% with big cuts in programs such as Social Security, Medicare, Medicaid, food stamps, federal aid to education, and so forth. The exact balance of such cuts is unclear, though Johnson is clearly interested in cutting health programs.”
Good article…Trump will trash the economy for no reason other than tax cuts for billionaires
I do not think that his core supporters identify with these sorts of arguments. I made some images with topics that I think connect more with his base. In the last couple days before the election, maybe you could share them with groups you know, in more populated places like Facebook and X (ignoring the problems with those places for the time being).
Oh Bloomberg, please tell us how Trump was an economics genius
The only way to cut 2 trillion is by cutting Social Security and Medicare/Medicaid. Literally. All of the rest of the government only totals up to 1.7 trillion in spending.
It’s the private equity playbook. Sell all the real capital assets to cover existing debt, rent replacement assets from the owners themselves using new debt, run operations so lean that you burn out 100% of your labor force, then declare bankruptcy and settle your own debt while keeping all the assets.
It has already destroyed swaths of the private sector, and now they wanna do it to the entire economy.
raising taxes for most Americans while benefitting the wealthy
this was literally always the agenda from day one 10 years ago. why is this still being presented as “news”?
Ever since Reagan.
Because as a cluster B personality disorder, the primary statement made when negative but truthful statements are made about them is: nuh-uh. To be clearer: no, they are doing it, not me. “They” being whomever the cluster B personality disorder deems their enemy at the time. (They always have an enemy, of sorts.). Sometimes it’s a vehement: no, YOU are doing this, not me.
It’s a playbook of behavior with cluster B personality disorder that occurs like clockwork.
Cluster B is borderline psychosis due to the alternative realities they present to self and others, which is simply where they exist. There is also high dysfunction for relationships, but not enough life dysfunction to get them institutionalized, most of the time. They are deeply sick individuals in need of help, in need of long term therapy.
So here we are. A vehement denial of behaviors, and a demonization of the ones daring to describe negative behaviors out loud.
Because younger voters have no clue on most of this. A lot of them never even heard the “grab her by the pussy“ comment, and they were subsequently appalled, apparently.
never even heard the “grab her by the pussy“ comment
this should irreversibly torpedo anyone’s career, political or otherwise. i still have a hard time believing it didn’t
At the time I legitimately thought he was done. Just done. I could not conceive of anything else. Certainly not what actually happened.
it really opened my eyes to the fact that yes, there are indeed that many people who think it’s ok for someone who has no problem with assaulting women to run the whole country
”Believe them…”
—Maya Angelou
Let me break it down. They will WRECK the economy, democracy, women’s rights, religious freedom, and anyone who stood against them. But you will have easy access to as many guns and ammo as you like.
I wouldn’t bet on that gun part*…he wanted to take guns away in his first term through executive action. I doubt two assassination attempts will have mellowed him out in that.
“I like taking guns away early” Trump said. “Take the guns first, go through due process second.”
Ultimately the republican establishment wants strict gun control, they just know it’s a wedge issue with a lot of their voters.
Kings hate the serfs being armed.
They are going to keep the guns thing wide open as long as elections are a thing. Once they’ve gotten to a place where they’ve cemented their power in a way where voting doesn’t really matter anymore, they’re gonna take ‘em away right fucking quick.
Bingo. There are very few that understand this. Conservatives feel safe and liberals think guns will be a free for all. Both groups are morons.
As you said, if Trump gets in, they’re taking the guns from all of us. Ironic that our gun rights are safer under a Harris administration.
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I mean, yeah. They’ll turn it into shit.
That’s reek. Wreak is a verb meaning to cause a large amount of harm or damage. It’s also archaic.
I’m sure they meant “wreck the economy”.
Fixed the typo.
Don’t forget vaccines
By wrecking the economy, it makes it easier to buy up the property.
A win for the extremely rich.
Idk, 2 people tried to shoot him. I think he’s going to backpedal on that one.
After Trumps assassination attempt, allowing you to buy as many guns and as much ammo is as you want is not a certainty.
Don’t forget the climate. And that will have far greater long term effects to humanity than anything else.
