You know, the more time passes, the more I’m wondering if Trump lied when he said he wouldn’t touch Medicare / Medicaid. Surely he wouldn’t break a promise…
You know, the more time passes, the more I’m wondering if Trump lied when he said he wouldn’t touch Medicare / Medicaid. Surely he wouldn’t break a promise…
It’s actually worse than that. Who stands to get hurt the most from a severe downturn? Small/medium business owners. Who stands to wind up on top? Billionaires that can take the hit and then some. So as all these startups and medium sized businesses start going under, who’s there to buy the business on the cheap? Billionaires. Then they think they can turn around and recover the economy and make even more billions. The problem is that the US economy is teetering on the edge of a precipice that it can never return to if we lose the dollar standard and petro-dollar.
Billionaires make money when the economy works well, and make a fuckton more money when it doesn’t
Billionaires never take any hit. It’s only honest people with real jobs who get hurt.
Oh absolutely. It’s not a real hit by any means. But what they want is a bigger version of the wealth transfer that happened at each of these last “bumps”.