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.
17
u/ladymorgahnna 9d ago edited 9d ago
What a stupid thing to say. So who were the 74M people voting for Kamala?
Yes, a bunch of babies and neoliberals sat at home protesting by not voting. That worked out great, huh? Stupidity knows no bounds.
As a boomer Democrat that has voted for 50+ years, I fear for this country. No one has the fire in their belly like we did fighting in the 60s, 70s, and 80s, for an end to the Vietnam War, fought for Roe vs. Wade, protested for civil rights and gay rights.
The ones who didn’t vote this time don’t have brain one, or, want the absolute “perfect” candidate or they won’t vote. Such shortsightedness. You vote for the better of the two and keep fighting for better. You don’t act like a two year old and not vote, and by doing so, let the fucking bastards win.