• qprimed@lemmy.ml
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    1 day ago

    the grift is built in. its going to pay for tax cuts for the ultra wealthy.

    • Placebonickname@lemmy.world
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      1 day ago

      Wouldn’t the ultra wealthily have more wealth if the 90% of Americans could afford to buy more than just the basics + rent/utilities?

      • qprimed@lemmy.ml
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        24 hours ago

        the top 10% of asset owners now account for 50% of all spending. this used to be ~30% years ago. discretionary spending by the vast majority of the population is in terminal decline.

        your best bet to finish the extraction of wealth from the bulk of society is a (not so) hidden tax on necessities, and this is exactly what the tariffs are - a non congressionally approved tax.

        tariffs, combined with the dismantling of public services and social security, will allow trump to fund his multi trillion $ tax breaks for his real base. you and I are the surplus thatbwill now be funnelled upwards.