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Summary

Despite Donald Trump’s promise to avoid Social Security cuts, recent signals from the new Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy, suggest reductions may be forthcoming.

The department, aimed at streamlining federal spending, has sparked concern among advocates worried about potential impacts on the program.

Trump’s mixed messaging and DOGE’s focus on cost-cutting have intensified scrutiny as officials prepare policy recommendations.

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[-] brucethemoose@lemmy.world 13 points 1 week ago* (last edited 1 week ago)

Like anyone will even care about what’s happening to them?

Just look at recent surveys, where economic sentiment is basically political opinion now, not how people are actually fairing: https://www.axios.com/2024/12/06/trump-economy-democrats-republicans-inflation

The metric was not like that before.

But we are in an era where influencers, feeds and whims trump reality and fact. I thought COVID-19 proved that, but it’s pretty much irrefutable now, and people (on average) are going to care less about what’s physically taken away than how some angry influencer makes them feel about it.

[-] blattrules@lemmy.world 7 points 1 week ago

Maybe people will start to pay attention when their retirements are stolen from them.

[-] CharlesDarwin@lemmy.world 1 points 1 week ago

My sentiment is that all the economic indicators were quite good under Biden, even with inflation - esp. as contrasted with other nations. Not perfect, but likely worse under donvict. Now that we are even getting inflation under control, the qons will act like they really had a "landslide" victory and do all kinds of stupid things to fuck it all up. Including tariffs, apparently.

Right now, the stocks went through what looks like a sugar high type of scenario due to donvict's win and what some people think he'll do for them (tax cuts and no federal oversight?). Not sure that will last.

But if donvict does the kinds of tariffs he is talking about - it's anyone's guess just what that will result in. Never mind some of the other chaos and destruction he and the parasitic class will do...

[-] CharlesDarwin@lemmy.world 1 points 1 week ago

Oh, and one other comment is this - Democrats tend to understand how tariffs work. They also probably have some inkling about what would happen to the economy under mass deportations and the related state terrorism that would entail...

Qons, on the other hand, are told ridiculous fairy tales about the price of eggs, and believe them.

this post was submitted on 10 Dec 2024
256 points (98.9% liked)

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