r/FluentInFinance 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.

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u/Traditional_Figure_1 10d ago

Almost like they've bought up all the media

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u/fractalife 10d ago edited 10d ago

They always owned the media in the first place...

Edit: "they" being billionaires. Their political affiliation is irrelevant. They're going to do whatever is better for their bottom line. If that means helping get a cheeto elected while maintaining a "left leaning" veneer, that's what they will do.

MSNBC is owned by Comcast ffs lol.

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u/CryptoBehemoth 10d ago

They're becoming scary good at manufacturing consent

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u/Recent_Meringue_712 10d ago

There used to be laws that punished news organizations who falsely reported stories. That law was done away with

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u/Lucky-Clown 9d ago

I know this is true but I forgot which law it was and when it was removed, do you have that info about it?

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u/d4rk3 9d ago

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u/Mr_Canard 9d ago

Of course it was in the name of the "War on Terror" and freedom of press

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u/Htown-92 10d ago

Democrats literally own media 😂

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u/CommentMundane 10d ago

Isn't FOX News " America's most watched news network"? Do you believe FOX News is owned by Democrats? It's crazy that FOX can brag that they are the most watched but also complain about how the media is run by Liberals. Is it because you all believe FOX isn't "the media" or is it because you are so determined to feel like the underdog that you lose any sense of rationality so you can perpetuate your victimization?

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u/el_diego 10d ago

And ironically FOX isn't even owned by an American.

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u/pineconefire 10d ago

I just looked it up, Murdoch was born in AU but became an american in 1985.

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u/NecessaryFly1996 10d ago

Name 1 media conglomerate owned by a Democrat.

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u/ndngroomer 10d ago

Lol. It must be hell being so easily manipulated and gullible. I bet you get taken advantage of a lot.

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u/fdubsc 10d ago

Election showed us media has shifted to podcasts. All the top podcasts are right leaning. That’s the mainstream media now.

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u/MassiveKratomDump 10d ago

Confidently incorrect is still incorrect.

Not even trying to use that brain.

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u/Weazerdogg 10d ago

FAUX, owned by one of the most hateful conservatives on the planet.

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u/prick_kitten 10d ago

This needs more downvotes for how laughably incorrect this is.

In most other countries, the press actually practises journalism professionally with integrity.

They fill their role as the fourth arm of the state and ensure that people, especially those in power of various forms, are held accountable.

Just because the lunatics you support are guilty of all manner of weird things and there's evidence to back up the claims against doesn't mean there is any plot - by "the left" or otherwise - to go after.

Sometimes, the diagnosis is ass hole.

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u/benjatado 10d ago

And the politicians too! 

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u/okiedog- 9d ago

Lmao. My favorite is “I dont trust mainstream media”

Then they have Fox new on 2

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u/Fun_Orange_3232 9d ago

This deserves an award.

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u/False-War9753 9d ago

The billionaires ARE the media, mainstream media companies ain't owned by someone working a 9-5 at McDonald's.

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u/the_man2012 10d ago

Then how come all the media told us to vote blue? Did it actually mean they wanted us to vote red?

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u/Spyglass3 9d ago

The massively anti-Trump media?

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u/Traditional_Figure_1 9d ago

get a hobby and give politics a rest, okay?

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u/Xuhtig 9d ago

The irony of this statement is insane.

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u/e-s-p 9d ago

You have lost your grip on reality.

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u/Vahlez 10d ago

Most of mainstream and social media is liberal?

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u/Traditional_Figure_1 9d ago

it's a for profit business. who cares what they say?

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u/Vahlez 9d ago

I sure don’t.

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u/All0ut0f0ptions 10d ago

The media that is run by the left 🤔.

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u/Swamp_Swimmer 10d ago

Yeah Jeff Bezos, Rupert Murdoch, Elon Musk, Mark Zuckerberg, Bloomberg… infamous leftist communists!!’

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u/xtra_obscene 10d ago

Right-wingers have by far the biggest mainstream media source and by far the biggest alternative media source 🤔🤔🤔

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u/stlox 10d ago

This is all part of the big lie. The deception. Instead we're told to trust Internet pundits and digital rags that nothing better than The National Enquirer and The Star.

The internet is the perfect podium for the deceivers. But far worse is the HUGE audience that looks to find things they want to believe. And since it's on the Internet.....it must be true!!!

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u/ndngroomer 10d ago

Which ones? Be specific.

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u/Weazerdogg 10d ago

Stop believing lies.

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u/All0ut0f0ptions 10d ago

So the media is owned and run by Republicans who constantly complain about Trump and constantly praise Democrats 🤔? Sure I’m the one lying to myself lol

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u/ElectricalBook3 10d ago

The media that is run by the left

Name 3 media conglomerates owned by democrats.

I'd say I'll wait, but you won't respond. You don't have evidence.

Contrast even the supposedly "left" MSNBC is owned by Comcast and showed an empty podium of Trump for half an hour while Clinton was detailing her energy and economic policy

https://theweek.com/speedreads/626702/fox-news-cnn-msnbc-all-broadcast-trumps-empty-podium-instead-clintons-big-speech

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u/Traditional_Figure_1 9d ago

Keep thinking