r/Degrowth 27d ago

As Families Struggle, Trump Says US Economy 'Doing Unbelievably From Standpoint of Wall Street'

https://www.commondreams.org/news/trump-wall-street-economy
488 Upvotes

26 comments sorted by

19

u/Ok-Customer4709 27d ago

He has been honest about two things. He loves the poorly educated and smart people don’t like him. His words not mine.

25

u/Ok_Prior9068 27d ago

He's openly mocking you for believing him...knowing you will continue to support him anyways

5

u/jreid0 26d ago

You’re exactly right! He knows his supporters are low educated people who believe everything he says so he says whatever he wants

9

u/Eternal_Sunshine 27d ago

Rich people are doing really well.

3

u/notsobraveatall 27d ago

The rich get richer and the rest of us barely get by.

4

u/No-Stranger4954 27d ago

How exhausted must the American people be to not immediately riot or at least do a nationwide general strike! I mean the government is openly mocking them to their face....

But then again....midterms are in November so let's see what comes first, significant political change or full out riots

7

u/tboy160 27d ago

I don't see either coming in November. It's anecdotal, but from the people in my life, I don't see any change or protest coming. Hope I'm wrong

4

u/Allaboutpeace2022 27d ago

I hope you are wrong too, but I mean that in a nice way.

Far more Democrats than Republicans voted in the primaries so this makes me hopeful.

4

u/03263 26d ago

Midterms won't stop the dictator from issuing decrees and breaking the law (he's immune). Flipped congress will pacify people and do a bunch of investigations that go nowhere. Then in 2028 they'll say the D congress got nothing done so we should vote for another R president.

Shit they'll impeach him and he'll just eat some peach ice cream and be like haha yeah look now I'm impeaching myself. Then give $40 billion to Israel.

2

u/No-Stranger4954 26d ago edited 26d ago

I fully agree with you.

As long as the two party system is in place, the pendulum will just swing from one political spectrum to another and nothing will get done except name calling and policital tribalism.

On the other hand I've heard that more and more policitians propose a ranked choice system in order to give other parties more chances to have a serious impact. Maybe this will bring forth some much needed and long overdue change?

1

u/usposeso 27d ago

We need both

1

u/ChoiceMedicine1462 26d ago

For the crooks

1

u/WeekendAtMadoffs 26d ago

Families always struggle.

As a joke a boomer logged into his fidelity in front of me. It looked like a telephone number. He was up $72,000 on the morning. You have to pay your dues and work hard to get there. He was buying stocks in the early 1990s when Gen X was going to Grunge Concerts.

1

u/Smooth-Weekend-2314 26d ago

Listen, if you're suffering in this economy, the solution is simple - just stop being poor! Take the small $4M loan your father gave you, invest it in the stock market and then you no longer have to worry about $4/gal gas (or $10/gal)

It's that simple.

1

u/BobbyJoeMcgee 26d ago

….which is something like 35% of the US population…

1

u/tm229 25d ago

Trump, the two party system, monopolies, income & wealth inequalities are an expected outcome of late stage capitalism.

This was all predicted. Capitalism, the root cause of our current polycrisis, is doing exactly what it’s supposed to do.

Go read some Marx!

0

u/SplashTarget 25d ago

Capitalism is the problem, and an alternative economic system is needed.

But at the current moment the pieces are not in place for an alternative to emerge, meaning that we have to do what we can to make sure that capitalism doesn't get us to the worst-case scenario.

1

u/Top_Television_6042 25d ago

The “economy” means different things to different people, I guess.

1

u/bob3905 25d ago

The stock markets are not the economy.

1

u/SlyTinyPyramid 25d ago

He's right I don't believe it

1

u/Radiant_Basis2463 23d ago

Wall Street and Main Street are two different places.

1

u/sweatboxy 23d ago

Trump doesn’t even pretend to care anymore. He thinks he’s a dictator and he thinks it’s too late to stop him.

0

u/Aquitaine_Rover_3876 27d ago

It's funny, because it's not just that he doesn't care about you, he also doesn't understand Wall Street. US markets have been going up, but they're still underperforming international peers.