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I can’t afford this Trump economy

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Does he really believe he can actually sling the bs, this much(!)? His MO has always been to talk his reality into existence, by constant repetition. And it worked with the 2020 election Big Lie. But this? Maybe he’s counting on “just own the libs” as making people willing to lose the roof over their head, and live on the street. Just own the libs!


Billionaire Trump Tells Americans Their Money Worries Don’t Exist​

Donald Trump has dismissed the concerns of tens of millions of voters and insisted they are notstruggling through a cost-of-living crisis.
Speaking to Fox News’ Laura Ingraham, the president, who has an estimated net worth of $6.6 billion, said reports of a dwindling economy are a “con job” pushed by Democrats and the media. He also brushed off polling showing widespread financial anxiety as “fake.”
On Monday’s episode of The Ingraham Angle, the MAGA host asked Trump whether there is negative “voter perception” of the economy, or if more work needs to be done to tackle issues such as rising food costs and unemployment figures.

“More than anything else, it’s a con job by the Democrats,” Trump replied. “They put out something, say, ‘Today costs are up.’ They feed it to the anchors at ABC, CBS and NBC and CNN.
“It’s such a rigged system. So are you ready? Costs are way down. Gasoline is going to be hitting $2 pretty soon, or around $2. Gasoline is at 2.70 now, and it was at 4.50 under Biden, under Sleepy Joe,” Trump added, despite the national average currently being a little over $3.

Ingraham then interrupted Trump to ask whether voters are “misconceiving” their feelings about the economy. Trump did not answer, and instead the 79-year-old veered off into a rambling attack on former Vice President Kamala Harris’ 2024 campaign.

Polling continues to show that Americans are increasingly anxious about the economy and disillusioned with Trump’s failure to fulfill his 2024 promise to immediately lower food prices and control inflation. The president’s sweeping tariffs have also added costs to U.S. consumers, which is having a knock-on effect on Trump’s approval ratings and hamstrung the GOP in last week’s elections.

A November 3 CBS/YouGov survey found that 64 percent of Americans expect prices to climb even higher in the coming months, and 62 percent disapprove of Trump’s handling of the economy.
The same day, a CNN/SSRS poll reported that 72 percent of respondents describe the economy as “somewhat” or “very” poor, with 61 percent saying Trump’s policies have made conditions worse.
 
Red said:
Does he really believe he can actually sling the bs, this much(!)? His MO has always been to talk his reality into existence, by constant repetition. And it worked with the 2020 election Big Lie. But this? Maybe he’s counting on “just own the libs” as making people willing to lose the roof over their head, and live on the street. Just own the libs!


Billionaire Trump Tells Americans Their Money Worries Don’t Exist​

Donald Trump has dismissed the concerns of tens of millions of voters and insisted they are notstruggling through a cost-of-living crisis.
Speaking to Fox News’ Laura Ingraham, the president, who has an estimated net worth of $6.6 billion, said reports of a dwindling economy are a “con job” pushed by Democrats and the media. He also brushed off polling showing widespread financial anxiety as “fake.”
On Monday’s episode of The Ingraham Angle, the MAGA host asked Trump whether there is negative “voter perception” of the economy, or if more work needs to be done to tackle issues such as rising food costs and unemployment figures.

“More than anything else, it’s a con job by the Democrats,” Trump replied. “They put out something, say, ‘Today costs are up.’ They feed it to the anchors at ABC, CBS and NBC and CNN.
“It’s such a rigged system. So are you ready? Costs are way down. Gasoline is going to be hitting $2 pretty soon, or around $2. Gasoline is at 2.70 now, and it was at 4.50 under Biden, under Sleepy Joe,” Trump added, despite the national average currently being a little over $3.

Ingraham then interrupted Trump to ask whether voters are “misconceiving” their feelings about the economy. Trump did not answer, and instead the 79-year-old veered off into a rambling attack on former Vice President Kamala Harris’ 2024 campaign.

Polling continues to show that Americans are increasingly anxious about the economy and disillusioned with Trump’s failure to fulfill his 2024 promise to immediately lower food prices and control inflation. The president’s sweeping tariffs have also added costs to U.S. consumers, which is having a knock-on effect on Trump’s approval ratings and hamstrung the GOP in last week’s elections.

A November 3 CBS/YouGov survey found that 64 percent of Americans expect prices to climb even higher in the coming months, and 62 percent disapprove of Trump’s handling of the economy.
The same day, a CNN/SSRS poll reported that 72 percent of respondents describe the economy as “somewhat” or “very” poor, with 61 percent saying Trump’s policies have made conditions worse.
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I like it, people should complain to the corporations billing them that its a democratic con job and they refuse to pay. Ill eat popcorn and see how that works for them.
 
fishonjazz said:
50 year mortgage is such a bad idea. You get to never own your home and not have any equity either! yay
Great for the banks and real estate businesses though.
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Yeah, no effort to correct the real issues, just use car dealership tactics in home buying. Wage slaves becomes a much more stark reality. Hopefully you get that mortgage at 20 so you can enjoy your fully owned home for 5-7 years before you die. Oh and be prepared to work until you are 70-75 for it. Sounds great, right? Right?
 
Additional tax breaks for the ultra rich.


With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies and wealthiest investors.

The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations.

The primary target: The administration is rapidly gutting a 2022 law intended to ensure that a sliver of the country’s most profitable corporations pay at least some federal income tax. The provision, the corporate alternative minimum tax, was passed by Democrats and signed into law by President Joseph R. Biden Jr. It sought to stop corporations like Microsoft, Amazon and Johnson & Johnson from being able to report big profits to shareholders yet low tax liabilities to the federal government. It was projected to raise $222 billion over a decade.

But the succession of notices the Treasury and I.R.S. have issued beginning this summer means the tax could bring in a fraction of that.

These breaks come in addition to the roughly $4 trillion package of tax cuts that President Trump signed into law in July. The legislation, passed entirely by Republicans, heavily benefits businesses and the ultrawealthy. It is projected to add trillions of dollars to the federal deficit and came with steep cuts to health care for the elderly and food stamps for the poorest Americans.

With its various tax relief provisions, the administration is now effectively adding hundreds of billions of dollars in new breaks for big businesses and investors. The Treasury is empowered to write rules to help the I.R.S. carry out tax laws passed by Congress. But the aggressive actions of the Trump administration raise questions about whether it is exceeding its legal authority.
 
Red said:
Additional tax breaks for the ultra rich.


With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies and wealthiest investors.

The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations.

The primary target: The administration is rapidly gutting a 2022 law intended to ensure that a sliver of the country’s most profitable corporations pay at least some federal income tax. The provision, the corporate alternative minimum tax, was passed by Democrats and signed into law by President Joseph R. Biden Jr. It sought to stop corporations like Microsoft, Amazon and Johnson & Johnson from being able to report big profits to shareholders yet low tax liabilities to the federal government. It was projected to raise $222 billion over a decade.

But the succession of notices the Treasury and I.R.S. have issued beginning this summer means the tax could bring in a fraction of that.

These breaks come in addition to the roughly $4 trillion package of tax cuts that President Trump signed into law in July. The legislation, passed entirely by Republicans, heavily benefits businesses and the ultrawealthy. It is projected to add trillions of dollars to the federal deficit and came with steep cuts to health care for the elderly and food stamps for the poorest Americans.

With its various tax relief provisions, the administration is now effectively adding hundreds of billions of dollars in new breaks for big businesses and investors. The Treasury is empowered to write rules to help the I.R.S. carry out tax laws passed by Congress. But the aggressive actions of the Trump administration raise questions about whether it is exceeding its legal authority.
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I just don't know how much longer this country is going to put up with being looted by a cabal of billionaire pedophiles.
 
The entire family is tone deaf. But we’ve known that for years now. The tackiest gold colored ornaments imaginable, for instance. Ever seen anything so out of touch with what our nation represents as decorating the White House with such over the top tackiness, advertising the importance of $$$$$$ in how we view ourselves?

$$$$ and displays of wealth are the #1 value held by Americans when they think “what does it mean to be American”. Think so? The White House(as well as the House of Representatives)is known as “the people’s house”. The house belonging to all of us, the citizens of the United States. Trump makes it clear he sees it as HIS house, and that means decorating it with indicators of wealth, and it means building humongous ballrooms, where the wealthy will be entertained.

The president is a “public servant”. A PUBLIC SERVANT. Covering the White House with dozens of tacky gold colored junk for what purpose? To convey that this is our Louis XIV, our very own “sun king”, as Louis XIV was known? Very appealing to the average American? Nobody is more out of touch with the role of the president in our society than Trump himself. He presents the image of another Louis XIV Sun King. He decorates the people’s house the way a king would.

Of course, we do know Trump does not understand this concept: SERVICE TO OTHERS. But that is how a president rooted in a moral universe does view the presidency. Remember Jimmy Carter?? SERVICE TO COUNTRY. SERVICE TO OTHERS. Carter understood he was the #1 elected public servant. Not an egotistical bone in his body. Jimmy Carter understood that the president should understand that he or she is elected to act in SERVICE to the people. Not as their “ruler”. The president is NOT a RULER! A powerful individual, in our country, and in the world, but, the president is first and foremost elected to public service by his fellow citizens.

Trump is 100% incapable of understanding service to others. He is incapable of being a president for all Americans, and not once has he even tried! And not his family, completely detached from the reality experienced by 10’s of millions of their fellow citizens.




View: https://x.com/tedlieu/status/1989032113690038323
 
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Stock market having a rough go (to say the least) the last few days
 
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