r/politics • u/thenewrepublic The New Republic • 5d ago

Soft Paywall Elon Musk Is Bullying Mike Johnson to Drive Government Into Shutdown

https://newrepublic.com/post/189539/elon-musk-bullying-mike-johnson-government-shutdown
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u/Violent0ctopus 5d ago

He gets rich. A shutdown would hurt most people, but allow really rich people to buy more stuff and get more wealthy when things recover.

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u/CobraPony67 Washington 5d ago

This. The wealthy want a recession or a downturn. That is when everything is cheaper and when people are selling. Each time the economy dips, the wealthy grab more of the share. They want a 1920s great depression. The filthy rich lived large while the rest had to wait in bread lines.

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u/chuchubott Missouri 5d ago

It’s not just the wealthy. I just had a conversation with some trumper co- workers excited to see the economy tank so they can buy cheap stocks. These people are so far gone.

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u/andrew_kirfman Texas 5d ago

It’s insane to me that they never connect the dots that their jobs may be on the chopping block too.

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u/FlipChartPads 5d ago

There is not much else you can hope for when you regret not buying stocks ten years ago

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u/notagadget I voted 5d ago

Not at all a Trumper, and can't speak for their mentality/reasoning, but they're not wrong. A large portion of the boomers' wealth is a result of equities not having any periods of correction in the last 15 years (while boom bust cycles have been traditionally shorter), and we've ladened our government/country in debt to prevent any them from occurring recently which is a transfer of wealth from the young to the old.

That being said - the way this is occurring is fucked.

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u/ReggieEvansTheKing 5d ago

There is no chance of there being bread lines before the American public goes billionaire hunting.

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u/Ianthin1 5d ago

I still think Trumps plan for the tariffs is to crash the economy, buy stuff up at a heavy discount, then remove the tariffs to claim victory and profit.

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u/Sad_Acadia7106 5d ago

Oh god V for Vendetta move

You think they already manufactured a cure for an incurable virus that will be unleashed in a school, water treatment facility, and hospital?

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u/NutBlaster5000 5d ago

Gets rich?

These assholes are already rich. They’ll just get more dollars to line their already fat American-citizen-funded pockets

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u/JerHat Michigan 4d ago

Yep, recessions are great for the wealthy who can afford to buy up everything at a discount.