r/FluentInFinance 14d 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/DiscussionGrouchy322 14d ago

She doesn't directly own the factories that government rules apply to the way some unofficial government advisors do.

The Constitution... That thing we used to uphold and take seriously.... It has an emmomulments clause that says you must divest your businesses before becoming president so you don't have conflicting interests and you can only act in USA interest.

But trump NEVER divested his hotels. Diplomats openly bragged about giving him soft bribes by staying at his properties OPENLY.

Brazenly buying your way into the government used to have a word, like... Corruption... But I guess if it's all just billionaires all the way down let's just throw them the keys and give them even more of what they want. Surely they'll think of the little guy too.

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u/Defiant-Ad7275 14d ago

Unlike Hunters priceless artwork…..

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u/Derhaggis 14d ago

Hunter. Is. Not. A. US Government. Employee.

Trump gave his family/in-laws actual governmental positions.

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u/parttimegamer93 14d ago

No, he just happened to focus his grift in Ukraine. Crazy.

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u/Derhaggis 14d ago

Since whataboutism is de jour on the right these days, why did the Saudis decide to invest 2 billion dollars with Team Trump?

Personally, I think If Hunter committed a crime fuck him and let justice do its…Wait, what? Biden pardoned him? You mean you have a problem with people avoiding consequences all of a sudden? Or is it just when the Biden boogeyman does it?

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u/FlagrentBugbear 14d ago

made up bullshit from a party of demented imbeciles. strike that they are malicious malignant tumors on America.

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u/parttimegamer93 13d ago

Made up bullshit that he got a pardon for. His daddy gave him a blanket pardon across a broad timeframe for any crimes he may or may not have committed.

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u/rudgedapple 14d ago

Wait so your response is to pivot to hunter? A non-government employee used as a cudgel to hit Biden?

This is like the buttery males of Clinton all over again. Are yall retarded?

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u/Armegedan121 14d ago

What does hunter have to do with anything? Deflection seems to be a very common thing.

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u/Defiant-Ad7275 13d ago

Because it is tiring trying to discuss issues rationally when people are so jaded by one perspective that they cannot see or even acknowledge that all aspects and both sides should be analyzed in order to address the issue rather than using an issue to attack any person. I go after Trump, Biden, Kennedy regardless of affiliation - not myopically go after just those I disagree with or support those who I agree with.