116
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Jan 2024
116 points (100.0% liked)
chapotraphouse
13547 readers
708 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Gossip posts go in c/gossip. Don't post low-hanging fruit here after it gets removed from c/gossip
founded 3 years ago
MODERATORS
Trump’s tax cut is a joke compared to Biden’s Fed rate hike that has pumped out $1 TRILLION dollars to the rich people in 2023 alone.
Biden’s proposed billionaire tax is supposed to rake in $440 billion over 10 years, and the corporate tax $222 billion over 10 years, that’s $66 billion per year, while $1 trillion is given back to the rich. How is it even comparable between the two?
Biden made S&P500 gone up 50% higher than Trump’s highest point in just 2 years. If you owned stocks and bonds like most rich people do, you’ve just been made much much more wealthier than during Trump’s era.
We’re not even talking about all the wars that have massively benefited the military industrial complex, the oil and gas industries, and the financial sector.
What’s more, Biden made white people richer and black people poorer:
Source: Federal Reserve, 2023
This matters a lot to the white racist conservatives. Trump knows how to talk big but he cannot deliver. Biden proves that he can get things done.
Damn good post
What can one say besides
It's assuming white racist conservatives actually care about the stats. Democrats have routinely proven they're more effective than the Republicans with their neoliberal agenda since the New Democrats took over. You could even argue since Jimmy Carter. Still hasn't stopped Republicans that were considered extreme for the time from winning.
I agree completely. People who aren't inside the US experiencing our politics first hand (and talking to people who live here too) just can't comprehend how disconnected our politics is from reality. You gotta be here at least a little bit to wallow in the mud that is American political discourse to really get how stupid and culture-war-based it all is, for both the Dems and GOP.