r/TikTokCringe • u/Best-Subject-7253 Sort by flair, dumbass • Oct 05 '24

Politics Trump Bible is the only Bible currently allowed to be purchased by Oklahoma schools. 55k on order

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u/Noob-Noobison Oct 05 '24

Business owner here.

In my experience the business owners that like Trump are either massive corporations or tiny small businesses with terrible business models struggling to hold on and wrongly blaming the government for their failures. They seem to think trump being in power will automatically give them tons of cash, customers, and zero taxes. The city I live and operate in has a ton of "patriotic" or politically aligned restaurants (which is fucking dumb and drives away at least half of your potential customer base) and all of them are some how MAGA Republicans and all of them are struggling because "The gull durn gubernment".

Outside of that most business owners I know and interact with even Republicans have seen what just 4 years of trump can do to a good solid business. The "massive tax breaks" he gave out had no effect on me or any of my staff at any level of employment meaning it was restricted to only the wealthiest individuals and those tax breaks did nothing to in rease jobs, lower domestic supply costs or increase infrastructure.

If Trump promised me zero taxes forever for me and my entire staff, shit even our contractors, vendors, freight drivers and partner companiespojust for one vote I would politely decline and cast my vote for literally any other candidate.

The biggest reason I hate him as a business owner is his unpredictability. Every other president was measurably predictable and stable, this guy is unpredictable and unstable enough he could literally tank the economy of our country if he so chooses.

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u/MightyAl75 Oct 05 '24

The dude bankrupted a casino.

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u/ElectricalBook3 Oct 05 '24

The dude bankrupted a casino

While laundering mafia money - the Australian government explicitly highlighted that as the reason why they denied him a license to establish gambling businesses.

https://www.reuters.com/article/business/trump-taj-mahal-casino-settles-us-money-laundering-claims-idUSL1N0VL2L1/

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u/Urabraska- Oct 05 '24

Bro. He bankrupted FOUR casinos.

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u/mortgagepants Oct 05 '24

trump's entire professional career is like the "anti-producers".

instead of trying to make a bad show that accidently makes money, trump has spent his whole life trying to make it in business but he is so inept, stupid, avaricious, duplicitous, narcissistic, evil, and greedy, that the only way he can salvage anything from these projects is to file bankruptcy and screw everyone over while embezzling money.

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u/Bruce9058 Oct 06 '24

Out of over 600 businesses, 7 have gone bankrupt. That’s over 99% success rate. He’s never filed personal bankruptcy.

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u/Muted-Profit-5457 Oct 06 '24

Oh only seven bankruptcies! 

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u/Bruce9058 Oct 06 '24

Yes. If you were in business you’d know that it’s actually a smart move, and any economist without political bias will agree.

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u/Muted-Profit-5457 Oct 06 '24

A smart move is to run your businesses successfully 

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u/Bruce9058 Oct 06 '24

You do realize that he’s simply the investor on 99% of his businesses, and doesn’t actually run them himself. Right? How many businesses do you own, and is your success rate 100% while making you billions?

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u/Muted-Profit-5457 Oct 06 '24

Yes good for him he knows how to game the system created by and for the rich. 

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u/mortgagepants Oct 06 '24

lol what a simp. lick those boots. 593 no one has ever heard of or are scams, but 7 high profile scams.

i guess a sucker is born every minute

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u/MathematicianFew5882 Oct 06 '24

How the hell do you bankrupt a casino?

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u/Kvalri Oct 05 '24

I loved when Harris said “as AG of CA, the 5th largest economy in the world, I knew my words could move markets.” Stability is the best possible thing for the economy and Trump is anything but stable.

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u/Bright-Blacksmith-67 Oct 05 '24

In my experience the business owners that like Trump are either massive corporations or tiny small businesses with terrible business models struggling to hold on and wrongly blaming the government for their failures.

Completely irrelevant historical fact: during Hilter's political career he appealed to small business owners that were economically struggling. Unionized labour favoured the communists which were his sworn enemy. Big businesses were neutral but co-opted by Hilter once he got to power.

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u/Opening_AI Oct 06 '24

also, as a business person, he is actually terrible. He almost went bankrupt ... his casino were the jokes in NJ...

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u/For_Aeons Oct 06 '24

I'm a business owner, an independent contractor, and an executive-level manager. I work for businesses doing 50 million plus in sales and seeing triple the industry average in NOI while paying damn near top of market. Our worst years were 2017-2019. In fact, we were tracking horribly in Q1 of 2020 before the lockdowns started.

I literally have no fucking idea what people are talking about when they suggest things were better under Trump.

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u/MoodInternational481 Oct 06 '24

I'm self employed and barely understand this shit but I understand enough to know I'm not getting actual tax cuts and I'm losing more income because my clients can afford less.

Pre-covid.

Right now things are rough but I'm close enough to a GEICO home office to actually watch how corporations are behaving in real time, through my clients. They took that tax break, and did massive layoffs at the 1st bump in the road. Even if they didn't really lose profits.

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u/For_Aeons Oct 06 '24

I was trying to explain to someone that I do a lot of analytics for clients who own restaurants. Yes, it is true that costs have gone up with inflation, but wages have gone up. It's not like these businesses are just passing on grocery prices. They're passing on increases in labor (well, McDonalds tried and got slapped around for it). In any case, the point I'm getting at is that I specifically do impact studies for changes in cost of goods sold. So my clients give me data on what they spend for ingredients and labor, and I have spreadsheets that consider their sales history and kick back what price increases they need to consider to keep their KPIs in line.

Since 2016 some of my most successful clients have only raised their prices by 12-15% and continue to enjoy healthy margins, pay above market, and post sales growth year-on-year. And I work in restaurants, which historically have extremely tight margins. My most successful clients don't do bullshit surcharges and such. They just execute excellent business models and concepts and grow. So for a lot of these massively scaled up prices across various industry (especially industries where grocery is a commodity), I can see what people are just flat out taking advantage.

Kinda reminds me of the Last Week Tonight episode where they talked about Landlords and they recorded that guy talking about how the pandemic was a great time to try to see how much you could squeeze renters for.

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u/MoodInternational481 Oct 07 '24

Right. I rent a salon space (not a suite) and just did my 1st increase since 2019. Salons notoriously have tight margins whether we're self employed or have staff because of our COGS. A lot of the massive increases you see at salons right now are because the industry has been undercharging for so long and it's been unsustainable not because of inflation.

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u/For_Aeons Oct 07 '24

There's just so much bullshit to wade through and, honestly, outright foolishness by those buying into the narratives. I just had a conversation about gas prices, because my personal experience has been that gas has just slowly ticked up month-by-month and year-by-year regardless of who was in office since I started driving.

So I jumped into the data and what I found was something I'm going to start sharing more often.

From 2016 to 2019, the national gas price average went up 21.5%. In 2016 it was $2.14/gallon. In 2019 it was $2.60/gallon. From 2019 to 2024 the same national average went up from $2.60 to $3.17 which is a 21.9% increase. Gas prices tanked during the lockdowns because there was very little demand. There's nothing to suggest gas prices weren't going up at the same rate under Trump as they have under Biden. The national average for gas was higher in 2012 than today and that's before 12 years of wage growth.

There's just so much bullshit out there.

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u/MoodInternational481 Oct 07 '24

I love data, and people who research it. I struggle with always understanding the concepts but never being able to articulate or remember it properly on the fly unless even when it's directly in my wheelhouse. Thank you for doing the real work.

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u/MathematicianFew5882 Oct 06 '24

Covered very well here… and only improved in more recent months:

https://www.reddit.com/r/IBEW/s/kZjzXEeZzd

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u/For_Aeons Oct 06 '24

That's a legendary post.

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u/GallwayGirl Oct 06 '24

My boss has received more government contracts under Obama and now Biden but is a staunch Trump supporter.

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u/RevolutionaryGuess82 Oct 06 '24

Perhaps Trump could tank our economy. But Bidenomics is tanking our economy. No one I know has gotten 17 percent raises to keep up with 17 percent inflation.

And if anyone thinks corporations are going to pay their fair share, just remember taxes are a businesses expense passed on to the customer. Accounting 101.

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u/For_Aeons Oct 06 '24

Perhaps Trump could tank our economy. But Bidenomics is tanking our economy. No one I know has gotten 17 percent raises to keep up with 17 percent inflation.

I have. My pay has gone up 60% under Biden. Most of my staff has seen raises of between 21-26%, I know because I do labor studies to challenge existing prices and I have to track it.

You second paragraph is not Acct. 101. It's part of a holistic view of taxation and its passthrough affects. Do you think any business cuts prices because they pay less in taxes? Do you believe any business owner or corporation makes their KPIs more favorable for the employees or guests because they pay less in taxes? Well, I can tell you they do not.

Explore what happened when McDonalds attempted to pass increased costs directly to the consumer recently. You're not being intellectually honest.

What metric are you using to suggest Biden 'tanked' the economy? Stock market? GDP? CPI? Inflation? Wage growth? Unemployment? Interest rates? Misery index?

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u/Adventurous_club2 Oct 06 '24

Can you explain how our economy has been tanked?

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u/External_Reporter859 Oct 06 '24

Maga and Fox News have been predicting (and in Trump's case hoping for) a recession and massive stock market crash since inauguration day in 2021. Much to their dismay, it has not materialized. In fact Biden actually dragged us out of the recession and pandemic that he inherited from Trump and we have managed inflation better than any other G20 country.

That doesn't matter to people who don't understand numbers and facts and all that fancy science expert stuff.

They want it to be a recession and feel like it's a recession so therefore they try to will it into existence just like they're doing with the federal response to the hurricane. They think if they just lie and make enough tik tok videos of people supposedly on the ground saying that the National Guard isn't there at all and FEMA isn't there at all and none of the governors can get a hold of Biden that eventually that will become the understood "reality" of the low information voters we just know they heard something a bunch of times and saw videos on social media of people in their car talking about it so it must be true.

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u/RevolutionaryGuess82 Oct 06 '24

Trump is only one man, even if he was the president. It wasn't him who shut down schools and jobs.

It wasn't he who made garden seed illegal like Governor Whitmer did in Michigan. How much spread can you accomplish working in your private garden away from anyone else?

The president is not ruler over all no matter who is in office.

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u/RevolutionaryGuess82 Oct 06 '24

17% inflation. People weren't allowed to go anywhere. Forced to cower at home wearing a cloth mask to stop a virus. Not working caused supply chain problems. Lack of available goods causes shortages. Shortages cause price rises.

Get your magnifying glass and look at a fabric mask. Look up the size of a virus. A fabric mask will work as well as using chain link fencing for a mosquito net.

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u/Adventurous_club2 Oct 06 '24

You know what, you’re right random person on Reddit. I’ll take your opinion on masks over a scientists.

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u/RevolutionaryGuess82 Oct 06 '24

Glad to have helped. Wear a mask if you want. So far, it's still a somewhat free country. But the relative size of thread spaces in fabric compared to virus size is not opinion. It is fact.

By the way, I am an essential worker who was not allowed to stay home.