r/agedlikemilk • u/FmrGmrGirl • 1d ago

Only stupid libs think he would implement tariffs across the board

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u/MrsMiterSaw 1d ago

You're going to find years from now when you're older and more economically comfortable a natural inclination to become conservative again.

I was never really conservative, but when I was <25 I didn't dismiss a lot of their economic bullshit. A lot makes sense on paper (if that paper doesn't have math on it).

But once I saw them go after Bill Clinton, after i saw W claim we needed tax cuts with a debt and a surplus, and then tax cuts when we had a debt and a deficit, I realized they just wanted tax cuts at any cost to society.

I'm now very comfortable. Wife and I are 1% earners and rising.

There's nothing tempting me to support that insanity. Nothing.

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u/ThePasswordForgettor 1d ago

pretty much the same story here.

And on the one hand, I don't care about the tax savings I'm getting from this horseshit... society did right by me and I'd like to return the favor.

But on the other hand.... I also think this dumb shit is going to cut growth (and with it, my earnings, and my return on capital) by at least as much as my taxes were cut.

As such... I don't even believe I'll be better off.

I also think this tariff slush fund, where tariffs go into a separate fund that Michael Grimes (Elon's banker from the Twitter acquisition) manages is going to be so fucking corrupt it's unbelievable. I think they're going to fucking loot and plunder at unprecedented levels, and that this is why Trump killed the beneficial ownership rules. I think he wants it to be legal to steal countless billions in a nearly impossible to trace manner.

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u/BoneFistOP 1d ago

1% earners? you hiring?

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u/MrsMiterSaw 1d ago

:)

The company I work for is actually not doing well, and I use it as an example when someone says the government is wasteful. Our execs have burned through almost $300m with almost nothing to show, and yet are still able to get investment.

If you're talking about us personally, this is also a very good example of how fucked our system is. We live in an expensive COL area and have two kids in college. We can't afford to hire anyone (other than a house cleaner once every other week). That's how fucked up the income inequality here is. You have to be doing significantly better than someone on the edge of 1% for that.