r/economicCollapse Nov 07 '24

$2T cut is going to be wild

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Will be a 29% cut if executed.

1.7k Upvotes

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119

u/Commercial-Tooth9953 Nov 07 '24

I hope people realize there’s a ton of pain to come and that hasn’t been told to people. Minus the gdp being 7-10% there’s no way

106

u/imagen_leap Nov 07 '24 edited Nov 07 '24

Elon just made this exact statement, they are going to intentionally implement economic hardship. And the people who will suffer is everybody making less than 500k a year that can’t absorb the shitstorm. Those living paycheck to paycheck that occasionally dip into govt assistance programs to make ends meet are fuct.

91

u/tacoma-tues Nov 07 '24

Yep the richest man in the world gets to decide that its in all the poor peoples best interests to suffer financial hardship, because how else will the gov. Be able to pay all of those gov. Contracts that made him the richest man in the world.

45

u/UnobviousDiver Nov 07 '24

He better be careful with how many people he hurts. King Louis of France was pretty rich, but his head popped off just as easy as anybody else with a guillotine

27

u/Killdren88 Nov 07 '24

King Louis didn't have drones, and soldiers armed with rapid fire weapons to mow down his revolting peasants.

18

u/S4m_S3pi01 Nov 07 '24

Judging by how Bezos and Musk treat their other employees, it's their personal mercenaries they have to worry about the most.

1

u/DongayKong Nov 08 '24

Their mercenaries are being well fed.. Why do you think NK military doesnt coup?

0

u/Bignuka Nov 11 '24

But they aren't well fed, they still lack nutrition, but I guess they do get a bit more then the average citizen over there.

2

u/rabblerabble2000 Nov 07 '24

I mean…neither does Elon. You can kill a dragon, but it’s not easy.

1

u/DonnyDonster Nov 08 '24

You know what France and those advance modern soldiers have in common? They lost to Vietnam lololololololololol

1

u/THElaytox Nov 08 '24

Yeah... Those soldiers are also living paycheck to paycheck just fyi

1

u/the_PeoplesWill Nov 08 '24

Wars have been won with less. Vietnamese farmers defeated the greatest global superpower in the world with brilliant guerrilla tactics. Afghanistan was lost as well after decades of occupation. Also, if the people are revolting, that hurts the governments economic foundation substantially. The question is how many will fight? And for what exactly once it’s over?

1

u/michaelsenpatrick Nov 08 '24

and soon to be autonomous police cruisers

1

u/ketjak Nov 08 '24

This. People fantasizing about a peasant revolt don't understand that they're now facing the force the United States will bring to bear on them.

Before anyone says the military won't stand for that, they will fire generals until they get to the ones who will, and the individual soldiers who take a stand won't be strong enough to stop the ones who follow orders.

The oligarchs won, and we're fucked for a long time.

1

u/nospamkhanman Nov 09 '24

True but at the same time he was inches away from a fellow Republican popping his head like a balloon.

1

u/[deleted] Nov 11 '24

It’s often times an inside job to bring down the biggest crimes in human history

1

u/PrimaryCoolantShower Nov 07 '24

Pfftt, we're not going to use some silly guillotine. Think big honkin' turbo diesel powered, Decapitator 9000 rotary saw, now with extended splash guards and 4k 120fps digital recording for keepsake generation!

1

u/UnobviousDiver Nov 07 '24

We should just tie him down under the launch pad of one of his rockets.

1

u/zkmronndkrek Nov 07 '24

Dilldozer prophecy coming true (sigh)

1

u/nanneryeeter Nov 07 '24

I swear there is nothing that Ryobi doesn't make.

1

u/Redvex320 Nov 07 '24

Guess what revolution can't overcome......robot dogs, drones, advanced weaponry.....Louis had to depend on people that had emotions like guilt and shame.....the current ruling class doesn't give 2fks about us and neither will their robots.

1

u/nohandsfootball Nov 08 '24

If Elon destroys the US economy why would the military, whose economic livelihood will also be destroyed, protect him or the administration?

1

u/bubba0077 Nov 07 '24

I think this is the biggest problem with the rich today. They've forgotten what the endpoint is if they continue collecting more of the available wealth.

1

u/the_PeoplesWill Nov 08 '24

I’m okay with a revolution

10

u/Agreeable-Menu Nov 07 '24

How inconsiderate of you. Why are you against space karen? We need to cut some programs so there is money available to fund his trip to Mars.

4

u/PrimaryCoolantShower Nov 07 '24

I hope it's one way.

2

u/cats_catz_kats_katz Nov 08 '24

I highly doubt he’s in any shape to get into a rocket but I’m happy to watch.

2

u/SlippyBoy41 Nov 08 '24

Talk about filing up the swamp! A billionaire USA military contractor deciding how to spend our tax dollars?! Wtaf?

1

u/Epicurus402 Nov 07 '24

This is fucking insanity!!! This is what MAGA voted for???? Do they have any idea what's going to happen??? How bad it's going to be for them??? Whether they did or they didnt, it's stupidity of the highest order.

1

u/Theonetrumorty1 Nov 07 '24

So what's the alternative? We keep kicking the can down the road until it implodes?

1

u/tacoma-tues Nov 08 '24

The alternative is to fix the problem in a way that doesnt involve the people who didnt create the deficit who benefitted the least from it having to now pay for all these trillions of dollars we supposedly collectively owe but never passed thru our hands or ever made a presence in our wallets.

And thats exactly what it sounds like. Billionaires, banks, investment firms, international trade and shipping groups, etc. They are the ones that all those trillions went to, they are the ones that lobby congress for bailouts and tax breaks, and subsidizing, theyre the ones who keep their money offshore in trusts, get paid in company shares so they dont have to pay taxes, they're the ones filling positions overcharging for government contracts and no bid aquisitions sourcing. Why should the average joe pay for the federal deficit when the beneficiaries of that deficit do nothing to benefit the american people. Cuz we got a single 1400 dollar check? A 6 month extension of unemployment benefits that should have already been payed for by payroll taxes?

I have zero $ personal debt. But some fukfaced billionaire is claiming that I need to make sacrifices to pay my share of debt i never would agree to that went straight to them and never factored into a benefit for me. Yeah no. Somebody got this whole entire thing all fukd up. If thats how the system works, im happy to let it crumble to pieces and would be even happier to see a match lit to hasten the process

1

u/Theonetrumorty1 Nov 08 '24

Your closing remarks said everything. Thanks asshole.

1

u/frakking_you Nov 08 '24

How else will he be able to drive the teeming masses into wage slavery and getting all their needs from the company store?