- cross-posted to:
- politicalmemes@lemmy.world
- cross-posted to:
- politicalmemes@lemmy.world
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They’re all fine with redistribution of wealth, but only in one direction.
The trickling up policy
Isnt everyone fine with redistribution of wealth in only one direction?
Some want it downwards, some want it upwards, some want it all thrown into the sun
Yes, but some won’t acknowledge that it’s already happening (upwards), and they’ll criticize the general concept as taking money away from people who earned it. I will tell you that I worked harder for near minimum wage than I do now for above median wage. The people benefiting from the status quo tend to demonize any threat of changing the status quo, and the language used is intentional in order to frame an argument that assumes that their preferred system is the default and normal one.
This is called wealth transfer, conservatives only like it when it goes from the bottom to the top.
If there is one conservatives know about, its bottom and tops.
They just lost a huge amount of institutional knowledge.
And the world is a better place for it
People in USA: so are your import tariffs gone now? Have tariff related price increases gone back down? Or have businesses just decided to keep that free money too?
That’s the fun part: the ratchet only goes one way. Another fun part? We’re doing more tarrifs!
Reads like Clark & Dawe discussing the European debt crisis
It’s actually even worse than just taxpayers paying businesses: Since the US doesn’t have the tax revenue to pay the businesses, it will need to take out more debt to pay them. So the taxpayers will not only pay the businesses, but they will also pay interest. (That is, if you believe that the US will be able to stabilize its debt before defaulting. At the rate we’re going, with the looter class taking US government funds, the US will end up defaulting before taxpayers have a chance to pay down the debt. To be clear, a default would be far more painful than the austerity required to stabilize the debt.)
Forgive me for not understanding as I’m not from the US, but what happened to the funds from the collected tariffs?
They go to Trump’s sovereign wealth fund which he uses to give his allies cushy government contracts.
Actually it’s worse! Because the current US secretary of Commerce, Howard Luttnick, and his sons went around to companies most impacted by the illegal tariffs, and said that they’d pay them a small amount of money now, for the rights to the full tariff refund later. Basically betting that the tariffs would be ruled illegal, and that there would be massive refunds issued. So they bought up the rights to millions of refunds, for pennies on the dollar, effectively leveraging their insider knowledge of the issue, in one of less blatant instances of corruption within this administration.
To be fair, he said “you’ll get tired of winning”. What he didn’t specify is who were included in that “you”.
he was talking to the ayatollah, wasn’t he. now i gotta get a new shirt
Ted Dansons Voice: Woah woah woah, we weren’t promised to be Charlie Sheen-Grade winners.
I see a whole bunch of charlie sheens in my trailer park but it usually involves lower grade drugs and lower grade women and shit ton of fox news
But as long as they keep rebuilding the area and give their soul to Jesus they can do anything… Except find the right vein because they’re on the left arm
Do we collectively dislike Charlie Sheen now? I’m OOTL
no, I was just ribbing, I love charlie sheen mainly because he managed to steer clear of epstein’s group,sheen was not in the epstein files. He only banged legal age pornstars.
Hell yeah… all that “tarrif money” from the first go-arounds is in trump’s pocket. You don’t think HE’S going to pay for his criminal act, do you?
Get the fuck out of here !!! You crazy person you.
This is all a national-scale grift, and he still manages to get people to cheer for stealing the food from their mouths
It’s been a big slow robbery the whole time.
I’ve had some conversations with some pretty generationaly wealthy people, the underlying sentiment is, if you aren’t going to call us out on the stock market literally there to enrich the wealthy and steal the wages, then we are just going to keep pushing the envelope.
