petersuber on Nostr: Fascinating argument by nprofile1q…g90hg that #Trump is working against the ...
Fascinating argument by nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqkv9fdza4mt4qnwadxzpvzt8navrswu6mafe72fhfwneg9rzmsjvsvg90hg (nprofile…90hg) that #Trump is working against the economic interests of billionaires and blue-collar workers alike.
https://newrepublic.com/article/192574/plutocrats-trump-tanking-economy-taxes
"I didn’t see this coming. Trump’s first presidency pampered oligarchs with tax cuts and deregulation. Trump’s second presidency will have more of that, sure, but it will also bring a mismanagement of the economy so grievous that it’s indistinguishable from sabotage…Looking back 40 years, [nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq6eraq3get9yvfc79rcx4gufdqu5nrhadh03cqwxjgpchl5t8epeqpyqa5q (nprofile…qa5q)] calculates that billionaire wealth grew 57.1% during Democratic administrations and 16.5% under Republicans. That wasn’t because Democratic presidents gave billionaires special breaks; it was because Democrats were superior stewards of the economy."
#Economics #USEconomy #USPol #USPolitics
https://newrepublic.com/article/192574/plutocrats-trump-tanking-economy-taxes
"I didn’t see this coming. Trump’s first presidency pampered oligarchs with tax cuts and deregulation. Trump’s second presidency will have more of that, sure, but it will also bring a mismanagement of the economy so grievous that it’s indistinguishable from sabotage…Looking back 40 years, [nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq6eraq3get9yvfc79rcx4gufdqu5nrhadh03cqwxjgpchl5t8epeqpyqa5q (nprofile…qa5q)] calculates that billionaire wealth grew 57.1% during Democratic administrations and 16.5% under Republicans. That wasn’t because Democratic presidents gave billionaires special breaks; it was because Democrats were superior stewards of the economy."
#Economics #USEconomy #USPol #USPolitics