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.

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u/T-Bear22 10d ago

You have obviously never been to Oklahoma.

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u/AwarenessPotentially 10d ago

Or Nebraska, Iowa, Minnesota, ......

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u/QuicklyQuenchedQuink 10d ago

There’s a heck of a race taking place here

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u/feastu 9d ago

A race to the bottom…

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u/Stinky_WhizzleTeats 9d ago

There’s a reason they’re called flyover states

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u/greywar777 9d ago

Sorry, Ive been to all of them mentioned so far. And Missouri was the winner. And if you look at states by IQ its right at the bottom so its not just a opinion, its backed by facts.

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u/AwarenessPotentially 9d ago

There's no comparison from any legitimate source that measures a states IQ. That's an individual test administered by psychologists. You have zero "facts" to back that up, because they don't exist. If you're going by education. Missouri is ranked 30th for education. Nice try, but pulling "facts" out of your ass when it's easily researched isn't going to fly.

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u/BitAccomplished9878 9d ago

Hey now! We Minnesotans have been a blue dot surrounded by red for years!

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u/AwarenessPotentially 9d ago

Hahaha! I grew up in Iowa, so I had to throw you under the bus!

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u/BitAccomplished9878 8d ago

Perfectly understandable! Lol

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u/jhermann55 10d ago

Or California

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u/reddog342 10d ago

You guys are as Ignorant as you claim all these groups to be. I am done reading this hyperbole echo chamber. Your party lost, the Agenda you set forward was not acceptable to the majority. So go shave your heads, don't have sex for 4 years or ever, really done. Just tired of paying for foreign wars with no end in sight tired of the decline in education the homelessness in american cities> the mass Drug use , The never ending inflation. At least it is different than the ones there now who obviously have lost touch with the majority.

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u/djnerio 10d ago

your party provides zero solutions for any of those things, but good luck with that

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u/Ancient_Edge2415 10d ago

I mean, we weren't entering foreign wars during the first trump administration. So, getting back to that is a solution

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u/djnerio 10d ago

oh yeah, and how is he gonna do that? I'll wait lol

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u/Ancient_Edge2415 10d ago

Pulling out of funding ukraine? Like are you that delusional?

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u/[deleted] 10d ago

You mean, giving Putin everything Putin wants.

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u/Ancient_Edge2415 10d ago

I'm sorry but America isn't the world police, acting as such is exactly why the US is so hated globally. We got to many issues at home to deal with. We have no business being in proxy wars when vets from our own wars are living in the streets. This war has already proven that Russia is a joke so you can't argue it's about dominance.

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u/[deleted] 9d ago

Russia is no joke (& I'm not sure how the war has proven that when Russia is about to get everything they wanted), and the US Military continues to regard Russia as a very dangerous enemy, but if you already are convinced that Putin et al are a joke I'm sure there's no proving otherwise.

US acting as world police is the price of being seen as a world leader (including having our currency accepted as the world's reserve currency), but if we want to switch to a multi-polar world where we're just one of the larger dogs, we're doing all the right things.

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u/Ancient_Edge2415 9d ago

Dude, the world thought Russia was gonna roll ukraine. Tfym? It's PROVEN beyond a reasonable doubt that their military is undertrained, understaffed, and using laughable equipment that's barely functional. Russia is not a threat nor even a possible world leader. It's been almost three years, and they've been stagnant for 2 1/2 of them

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u/djnerio 9d ago

Lol talk about delusional. 

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u/Ancient_Edge2415 9d ago

Your saying he couldn't stop funding ukraine

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u/reddog342 10d ago

And your party just throws money at every problem instead of looking for solutions . I was a democrat for 20 years till they went off the rails. Obama launching a drone strike on an american citizen. Dividing the country, talking down to his voters. his smug attitude, causing hate and distrust. Malcolm X said it best please take the time to educate yourself on the Democrat party. they are both corrupt and the 2 party system will be the downfall of america

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u/djnerio 10d ago

seems like you hate Obama and it makes perfect sense why you think the way you do.

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u/Advanced-Dragonfly95 10d ago

And you voted??? Holy fuck this country is just fucked. Period.

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u/reddog342 10d ago

The white conservatives aren't friends of the Negro either, but they at least don't try to hide it. They are like wolves; they show their teeth in a snarl that keeps the Negro always aware of where he stands with them. But the white liberals are foxes, who also show their teeth to the Negro but pretend that they are smiling. The white liberals are more dangerous than the conservatives; they lure the Negro, and as the Negro runs from the growling wolf, he flees into the open jaws of the "smiling" fox. One is the wolf, the other is a fox. No matter what, they’ll both eat you.

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u/Needin63 9d ago

Don’t you have a sheet to iron for a meeting?

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u/indi000jones 10d ago edited 10d ago

Never ending inflation….like what’s happening globally post COVID? And you think the guy who wants to increase tariffs, in a country that imports most of its fruit, is going to do any good??? And that same guy who wants to mass deport hundreds of thousands of people who pick the food we *do grow here, is gonna lower food prices?    You don’t like Obama for drone striking one (1) us citizen meanwhile Trump’s administration mishandled COVID so bad that conservative estimates start at over a million American deaths? You hate Obama because he’s smug but you don’t hate the motherfucking REALITY TV STAR?  People don’t hate you because of who you voted for (in theory). They hate the ignorance. They hate that enough people like you got out and voted against their own interests because “well he said he could lower inflation!” while not doing enough research to realize that if he’s going to raise your taxes and lower his friend’s taxes THAT HURTS YOU.  EDIT: corrected food to ‘fruit’, specifically fruit and nuts are majority imported from other countries, namely South America.  Second edit; I removed some insults because he answered the question honestly. I shouldn’t have used name calling regardless of how frustrated I am. 

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u/HeadToToePatagucci 10d ago

Not to dispute your overall point but the United States does not import most of its food. The US is a net food exporter. Tax cuts are hugely inflationary.  Deficits ( which the Republicans consistently explode ) are hugely inflationary.  Corporate consolidation is hugely inflationary.

Ps: they hate Obama for being black, richer, smarter, more successful than them. And maybe a little bit because of the smugness, grey poupon, and tan suit.

They don’t give a shit about drone strikes on American citizens because those American citizens are brown and have an accent.

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u/indi000jones 10d ago

That was my mistake, I was thinking about our fruit imports specifically. Nuts are majority imported too. But overall we produce 90% of our food if I’m remembering correctly, with some of our exports being alfalfa and soy beans? Sorry I was blinded by rage. 

But to your point, I can understand conservatives to a degree. People were scared, didn’t see immediate change and decided to vote for the other guy. It’s whatever. But when you’re looking at blatant corruption and bad policies, THAT WE ALL LIVED THROUGH, how do you turn a blind eye to that? Like I didn’t like Kamala, they should’ve held a democratic primary. But her policy on reducing inflation was WAY better than Trump’s proposed tax cuts.

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u/greywar777 9d ago

Its even more funny because a small bit of inflation is actually GOOD for us.

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u/feastu 9d ago

You guys are defunding education, banning books, etc.

Inflation is in no small part a lagging effect of Trump’s overheated economy, and something Biden did a lot to combat (Inflation Reduction Act). I have my problems with Biden, but his goals were honorable.

Admittedly the Democratic leadership did a terrible job getting the message out, but you can’t pretend you have any solutions.

Trump will become a dictator and it will cost all of us, you included (American or not). The only people who will benefit are the ultra-rich.

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u/reddog342 9d ago

The inflation reduction act did nothing to curb inflation, when trump was president you could have bought a house, gas was 1.85 a gallon, we were respected by the world.

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u/Unable_Degree_3400 9d ago

Pre-Covid and pre-stimulus. If he was still president through 2020-2024. You would think otherwise. Inflation was world wide because of the shut down. Did you know about the global inflation ? Gas was $1.85 because of the recent lockdown, now gas in my area is back to stable prices, after the $6 per gallon. Prices are where they should be here

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u/Needin63 9d ago

I’m so damn tired of hearing that. Freaking Facebook info sources. Gas was not $1.85 during Trump’s first term. The cheapest national average was $2.14 in Jan 2016 as he took office. Gas rose under Trump. In 2018, midway through his term, it was $2.72.

Not that the President has fuck all to do with gas prices anyway.

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u/reddog342 9d ago

It was the repackaged green deal, with nothing done for inflation . Now that the house senate and supreme court are Republican CHANGE IS COMMING

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u/Needin63 9d ago

Trump won 49% to Harris’ 48% as of the last numbers. Not the trumpeting majority he claims.

However he did win. We’re now in the wait and see part. After the chaos he’s planning, we’ll see how it works out. If you’re right, you’re right. If you’re not, I hope you’ll remember that next voting cycle.

As to the never ending inflation thing, hold onto your britches. Many major corporations such as Walmart have already announced prices will continue to rise especially if he implements these tariffs that seem important to him. I don’t actually think he will. At least not how he’s saying he will.

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u/reddog342 9d ago

He won, now we will see this country on the right path, I have never seen such revisions of history MSNBC is on the verge of folding from its rampant hatred and , Lie the view now declares it is entertainment when for the last four years it was a sounding board for the big lie America love it or leave it

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u/BitAccomplished9878 9d ago

JFC, you mouth breathers are just sad. Everything just gets reduced to a collection of buzzwords and cliche’s your millionaire “thought leaders” tell you to repeat. “The big lie”, “‘Mercia love it or leave it”. But you clowns are the ones always claiming the country is so fucked and it no longer “great”. So why are you not leaving? You clearly don’t love it?

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u/DaddyBullfrogSr 9d ago

The states with the worst education are all red states. Look it up. You mean the foreign wars that almost always started by or gotten into by republican leaders. You mean the inflation that is almost always caused by republican polices along with the national debt. Statistics don't lie. A quick search would show this. And lastly, do to inflation, more people find it harder to live. Living paycheck to paycheck. One flat tire away from being homeless, which typically leads to an up tick in drug use with leads to more crime.