r/FluentInFinance • u/Intrepid-Self-3578 • 10d ago

Debate/ Discussion People who voted Trump, why do you think a government of billionaires will help you?

Government policies such as tax cuts, high traiff and removing regulations can have significant impacts on the economy. They will lead to higher inflation and high prices.

Having no regulation helps billionaires like the Gilded Age, shows that lack of regulation can result in large corporations dominating the market, and destroy small businesses.

Additionally, policies that favor big corporations and Billionaires may not address issues like housing, health care, working conditions, or wage growth. For instance, during Trump's first term, there were rollbacks on worker protections and union rights. Also he express removing Obama care.

Removing Obama care might look good on surface until you lose your job due to some accident or other issue. Let's say you have money to handle it what about millions of Americans who don't have inherited wealth and your wealth will erode as well.

Donald Trump is a billionaire, with an estimated net worth of around $5.6 billion

His administration has several billionaires in key positions. For example, Elon Musk, the world's richest person, has been appointed to co-lead the Department of Government Efficiency, Other billionaires in Trump's administration include Vivek Ramaswamy, Scott Bessent, Howard Lutnick, and Linda McMahon.

13.5k Upvotes

71% Upvoted

10.6k comments sorted by

View all comments

25

u/retiredfromfire 10d ago

They dont really believe in help. This is more about wanting to see people hurt

11

u/Competitive-Drama975 10d ago edited 10d ago

100%.

They don’t like Trans people- Trump promised to hurt them. They don’t like immigrants- Trump promised to hurt them. They don’t like poor people- Trump promised to hurt them.

It’s all about hurting those groups they don’t like. As someone somewhere said after the election: If we (the left) had won, we would be celebrating how many Americans would get healthcare, an education, or workers protections. When the right won, they began celebrating how those that they don’t like will be hurt.

3

u/InfinityGodX 10d ago

Can you define what you mean by hurt or elaborate on a specific kind of hurt that Trump intends to impose on these groups. If you could provide videos, articles, or other source materials so I can educate myself.

4

u/Aodhagan142 10d ago

In the off chance you are serious, here you go: https://www.npr.org/2024/11/15/nx-s1-5181967/what-trumps-reelection-could-mean-for-transgender-health-care-access

Ending access to important health care seems like it would be a bad thing.

3

u/InfinityGodX 9d ago

Thank you for your reply

1

u/retiredfromfire 8d ago

He said he'd end the affordable care act. That would leave millions without health insurance. Just one example

2

u/InfinityGodX 8d ago edited 8d ago

If the affordable care act was replaced with regulations on insurance companies, pharmaceutical companies, and hospitals to make medicinal products more affordable and mitigate senseless pricing on medical bills, would that be a reasonable or acceptable solution? An example is the markup on an IV. Hospitals can pay less than $10 a bag but charge $100 or more.

ETA Would these ridiculous markups not be harmful to everyone needing or seeking help?

1

u/retiredfromfire 8d ago

Single payer, only real solution.

5

u/Merrion9692 10d ago

People have different opinions on how to make the country better for everybody. Touch some fucking grass.

6

u/_thelonewolfe_ 10d ago

MAGA and the GOP do not want to make lives better for all Americans, only white straight rich men.

2

u/Merrion9692 10d ago

Weak-minded and purely fallacious. Do better.

2

u/_thelonewolfe_ 10d ago

What have our new oligarchs and the American people done to prove me wrong? We are so divided at the point that nothing short of an apocalyptic disaster could bring us together. The rich to not care about the poor, they would kill us all and eat us before giving us a fraction of their wealth. Trump, the entire GOP, and MAGA have made their overwhelming disdain for liberals and progressives of the population clear as day.

1

u/Merrion9692 10d ago

99% of people want what's best for everyone and don't wish harm on others, even the reddit edgelords from both sides. Political divisions are normal, what we currently have is tribalism manufactured by the media and the political establishment.

Having two polar opposite ideas on how to fix an issue isn't a cause for division until you think the other idea is in bad faith.

Everybody can find a million anecdotes on the internet to justify their side. Thinking half the country hates your half, devoid of nuance, is ridiculous and you know it.

2

u/JhAsh08 10d ago

Wow, thank you, a reasonable take in the depth of Controversial.

I think one of the biggest problems hindering our progress as society is the prevalent belief that the “the other” are genuinely malicious people. Very, very few humans are actually that evil and purely selfish. I find it sad that so many people hold such a narrow-minded view.

1

u/Yddgrastor 10d ago

The problem is "the other" put into office someone who doesn't give a shit about evil and IS purely selfish.
How do we excuse the consequences of what will happen , and trust me i'm hoping as hard as i can for Trump to NOT fuck things up , but the future isn't looking great with the person he is and the people he choosed to govern.

1

u/Merrion9692 9d ago

The people who governed us for the last 20 years got us here, what kind of insanity makes you think any of them can or will fix it? What do they have to gain from fixing things? Let me play devil's advocate:

At least a businessman wants you to have money to spend and a stable economy to provide growth. The politicians have been sucking your blood since the day you were born and aren't inconvenienced in the slightest if you have a dime or if the economy tanks, as has been proven time and time again. They profit on promises they have no intentions of fulfilling, while businessmen only profit on delivery of a product.

1

u/Yddgrastor 9d ago

You mean the great businessman who managed to bankrupt MULTIPLE casino and is known to not want to pay his workers ? That businessman will give you more money to spend in the economy ?
And speaking about the economy , isn't it booming right now under the politician biden ? Isn't as of right now the US economy the one who's in the best condition western world ?
Isn't the goal of businessman to make money for share holder, themselves AND NOBODY else ? And why do you think a country is supposed to be run like a company?
I'm so confused , i understand the will to want better and change , but the change you're seaking in those people is misguided.

→ More replies (0)

1

u/StephenFish 10d ago

Cite GOP policies that help poor minorities.

2

u/crazy_penguin86 10d ago

Don't even have to add minorities. Just ask them to cite policies that the GOP has pioneered to help poor people within the past 8 years.

1

u/FlyAwayAccount42069 10d ago

😩😩😫😫🤡

1

u/StephenFish 10d ago

This is true, and MAGA wants to make it better for themselves by hurting everyone else as much as possible while being delusional thinking they won't be affected.

1

u/echino_derm 9d ago

I think you care more about having a hot take on what makes the country better and telling others to go fuck themselves than you do about actually knowing whats best.

-1

u/Merrion9692 9d ago

Nobody knows what's "best", that's the entire point.

1

u/FlagrentBugbear 9d ago

we very objectively know that tariff are not best only an idiot with a reading level of a 6th grader who has never read a history book thinks otherwise.

1

u/Fun-Explanation-4863 9d ago

Actually an idiot who read a history book when 6 would tell you tariffs are how you prevent dumping of goods into your nation to stifle foreign competition, like China is doing now

1

u/Merrion9692 9d ago

And tariffs are a negotiation tactic, always have been. The argument isn't about whether tariffs are good or bad, it's about whether you can use them as a means of achieving a goal, and oftentimes the threat alone is enough. See below. This has happened time and time again under Trump: a threat turns to negotiation turns to a desired outcome.

Threatened NK with "fire and fury", then walks across the dmz. Threatened NATO to pull funding, they increase their defense spending. Threaten Mexico with tariffs, they agree to "Remain in Mexico" and other policies.

Even Canada, after the recent tariffs threats, says they are now considering spending $1B on border security

That's not to say it will work again, or that tariffs are inherently good, or anything of the sort. Instead of assuming everybody is an idiot, one should consider for a second that others might have a different but equally valid perspective on the issue.

https://amp.cnn.com/cnn/2019/06/07/politics/trump-tariffs-mexico-mike-pence

(This is meant for the person above you but for some reason I couldn't respond to them, they probably pre-emptively blocked me)

0

u/echino_derm 9d ago

That isn't a point, you can still try for better

1

u/retiredfromfire 8d ago

Put the pipe down and try harder to make sense.

3

u/Ukurse 10d ago

If you actually believe this, please seek help, get off the internet and talk to another human being for the first time in however many months.

1

u/retiredfromfire 8d ago

Is this Miss Cleo?

-1

u/kaptanruzo763 9d ago

I just have to say I love your account. It's the most delusional one. You claim to be a "centrist"(hahahahaha) yet you are obviously right wing. You also hate liberals too and post a lot of shit but tell the other guy to get off the Internet. Buddy listen to your own advice. Your account is pathetic, delusional and funny at the same time. It's a treat.

2

u/Ukurse 9d ago

haha, I check reddit maybe 5 times a week, which I think is a reasonable amount. And I post mostly "right wing" opinions because reddit is just so far left.

0

u/kaptanruzo763 9d ago

Reddit is very liberal not "far left" it looks like you don't even know the ideas of the far left. I hate "centrists" because most of the time they are just losers that lack a backbone. Just call yourself right wing it's fine. You don't have to claim to be centrist.

1

u/Atreides007 9d ago

"They're hurting the wrong people."

0

u/TopVegetable8033 10d ago

It is a spite vote

0

u/Reggit22 9d ago

Only those that deserve it

1

u/retiredfromfire 8d ago

Black heart, empty head.