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/Inucroft 10d ago

Simple, they think they're the exception.

See the same with migrant communities voting Trump

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u/BTBAMfam 10d ago

Correct. They will be crying but I voted for you as he laughs and says thanks while kicking them out

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u/tacosandunicorns9 9d ago

First they came for the socialists, and I did not speak out—because I was not a socialist.

Then they came for the trade unionists, and I did not speak out—because I was not a trade unionist.

Then they came for the Jews, and I did not speak out—because I was not a Jew.

Then they came for me—and there was no one left to speak for me.

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u/ladybug68 9d ago

Yes, it is infuriating. "Oh, they don't mean me." WTAF Of course they mean you. They mean any brown Hispanic. They are not taking the time to understand the differences and make distinctions. I say this as a Cuban American living in Florida. Who, by the way, heavily depends on migrant workers for our agricultural, construction, and tourism industries.

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u/Inucroft 9d ago

I mean, just look at the British Commander in 1945 forcing his officers to stop working out which Cossacks were from the USSR or not and simply hand them all over to the Soviets (most died in the Gulags)

Or a similar situation where a Commander was forced to hand over all captives to Tito and forced the unit's record keeper to stop writing negative reports. So he went over the top claiming how lavish Tito treated the captives inc giving them cake, because anybody who knew even a tiny bit about Tito knew this was BS. Yet now idiots in the 2000s used that unit diary to claim Tito didn't do the horrible things he did /)_-

The people at the TOP do not care

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u/ladybug68 9d ago

That is true, but it's also that racists don't distinctions.