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Author Topic: Trump's policies only helping the billionaire class  (Read 680 times)
yhiaali3
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August 11, 2025, 05:19:19 PM
 #61

It's no surprise that the rich are the ones who shape the country's policy. It's well known that the wealthy rule the United States behind closed doors. They pay politicians to pass the laws they want.

These wealthy people also finance the election campaigns of most presidential candidates, so the least they can expect from them is that they formulate economic policies that lead to the accumulation of their wealth.

Trump is also a billionaire, and many of his inner circle are elites. So what's wrong with his economic policies benefiting him, his friends, and his associates?


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August 11, 2025, 05:44:33 PM
 #62

Trump's policies really help business and the rich, for example, corporate taxes were reduced from 35 percent to 21. The tax for the rich was reduced from 40 percent to about 37. Benefits were made for large inheritances! Of course, Trump reached the presidential chair with the help of his influential friends and now pays them for it. This is an obvious fact and it is stupid to deny it. He was led the entire political race with selfish goals.
But among the positive aspects of Trump's policies in terms of business, I can highlight the fact that he simplified business regulation.

 
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August 11, 2025, 05:58:46 PM
 #63

In Africa, leaders who try to go against the wills of the business moguls either in the oil and gas sector, power sector, security or other sectors of the country are mostly faced with different challenges as seen during the time of Yar'adua and Buhari in Nigeria. While the ordinary citizens live in hopes and wishes that the campaign promises made to them will be fulfilled, the system, in may occasions, ends up in the favor of the rich class at the top.

You can change a society just in one manner. Slowly, no radical changes. Similar to the frog in boiling water.
Neither can you tell your people what you are up to.

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August 13, 2025, 03:11:42 PM
 #64

Trump's policies really help business and the rich, for example, corporate taxes were reduced from 35 percent to 21. The tax for the rich was reduced from 40 percent to about 37. Benefits were made for large inheritances! Of course, Trump reached the presidential chair with the help of his influential friends and now pays them for it. This is an obvious fact and it is stupid to deny it. He was led the entire political race with selfish goals.
But among the positive aspects of Trump's policies in terms of business, I can highlight the fact that he simplified business regulation.

But in fact, many of Trump's policies have caused American giants to relocate their operations out of the country. Many companies are relocating not to seek cheaper labor or closer access to raw materials, but rather to ensure business health. Businesses don't want to be disrupted by Trump's tariffs and need a safe place to work, free from labor protests, and with relatively stable regulators. Businesses need certainty, not the business circumstances Trump created, which create uncertainty. Trump's ever-changing tariff wars create uncertain business calculations.

For example, Caterpillar is moving its factories to Mexico and China, and Harley-Davidson is moving production for three of its product brands to Thailand. Nike, whose Vietnam factory is subject to high tariffs, will close its stores in the US, resulting in increased unemployment in the retail sector. It also plans to shift its market share to China and other Asian countries. Walmart is also closing many stores and eliminating many types of inventory due to Trump's tariff war policies. Walmart is moving its trading and marketing operations to Mexico and Canada, resulting in increased unemployment. Lastly, FORD & GM Motor moved their factories to Thailand, not only because of its market share in Asia, but also because of the high price of raw materials due to tariff policies.

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August 13, 2025, 07:18:37 PM
 #65

Trump's policies really help business and the rich, for example, corporate taxes were reduced from 35 percent to 21. The tax for the rich was reduced from 40 percent to about 37. Benefits were made for large inheritances! Of course, Trump reached the presidential chair with the help of his influential friends and now pays them for it. This is an obvious fact and it is stupid to deny it. He was led the entire political race with selfish goals.
But among the positive aspects of Trump's policies in terms of business, I can highlight the fact that he simplified business regulation.
True trump second term victory was largely contributed by the Rich businesses owners like Elon musk so am not surprised with the policies of Trump in reducing the tax for business which will go a long way to help the rich super class this is what they get in supporting trump this is politics at play



But all business are actually affected especially inport and export because there are allot of tariffs that business owners has to pay because with Trump's tariffs that was imposed on countries there is also a counter tariff that has been imposed by these countries to goods coming from the United States so Trump's policies is actually affecting all class of person's in the United States


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August 13, 2025, 08:41:06 PM
 #66

Whatever you do the billionaire class makes some dosh.
And all bickering is useless till you learn to do the same.
Envy gives you the energy you need to become richer than Bill Gates.
Who has time to spend the energy from envy with all those TV shows that need to be binged through?  Roll Eyes Most of the population is lost, it is easier to bicker online and blame rich people for being rich.

For example, Caterpillar is moving its factories to Mexico and China, and Harley-Davidson is moving production for three of its product brands to Thailand. Nike, whose Vietnam factory is subject to high tariffs, will close its stores in the US, resulting in increased unemployment in the retail sector. It also plans to shift its market share to China and other Asian countries. Walmart is also closing many stores and eliminating many types of inventory due to Trump's tariff war policies. Walmart is moving its trading and marketing operations to Mexico and Canada, resulting in increased unemployment. Lastly, FORD & GM Motor moved their factories to Thailand, not only because of its market share in Asia, but also because of the high price of raw materials due to tariff policies.
All you are proving here is that these companies are largely parasitic to the United States and do not have America first interests in mind. The US government has given all of these companies so much which has been a mistake. However, democratic  politicians receive all kinds of kickbacks that is why money is given around freely.
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August 16, 2025, 04:21:31 AM
 #67

The US is a notoriously capitalistic state. I wouldn't want to live in a country where even basic public goods and services are commercialized, and where you can get in serious financial trouble even if you just happen to need medical aid and don't have a great insurance.
But as for people who have the most gaining the most, I unfortunately believe that this issue goes well beyond the US. Sure, some countries have particularly high taxes for the wealthiest people. But having more opportunities to have more gains when you're already doing quite well is something I see in other places as well. It happens naturally, as you establish a certain reputation, gain experience and trust. However, trying to counterbalance that by giving opportunities to those significantly less privileged is what I see as a moral obligation.

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September 05, 2025, 09:41:20 PM
 #68

To an extent,I saw some truth in the fact that Trump's policies are actually benefitted the billionaire class.Trump’s policies generally reinforced wealth inequality.Billionaires and high-income earners gained the most,while middle and lower income groups saw smaller, less benefits that could barely lasts.

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September 06, 2025, 05:14:22 AM
 #69

I saw him yesterday in a meeting with Bill Gates and Mark Zuckerberg, its a total shift into how he was a few months ago and how he sided with Elon. Elon was with him along the entire way and those 2 werent very friendly to him at all. I dont know what is going exactly through his mind.

Maybe its his advisors that at telling him to get closer to Zuckerberg and Gates. The way he handles all these tariffs is also crazy how he announces them and then delays them. He has gone back and forth so much that I don't even know what is going on with the tariffs. Are they still on or not?

There is also him presenting that bill. The one that he fough with Elon. He wanted to say money and prevent the government from going bankrupt but he introduced that bill. Why even start that DOGE if he was going to overspend anyways and put American into more debt.

 
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September 06, 2025, 07:50:08 AM
 #70

The US is a notoriously capitalistic state.

I am aware that this is a low-value discussion in which most people devote themselves to repeating how bad the rich are and how bad capitalism is, but just so you know, the USA is not even in the top 10 countries with the greatest economic freedom. It ranks number 26. Healthcare, energy, and agriculture, for example, are sectors with significant state intervention. And they are not the only ones.

The USA stands out because it is the world's largest economy. The thing is, it is much easier to repeat anti-capitalist mantras without even knowing what capitalism is than to give an informed opinion.

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September 06, 2025, 01:56:03 PM
 #71

The USA stands out because it is the world's largest economy. The thing is, it is much easier to repeat anti-capitalist mantras without even knowing what capitalism is than to give an informed opinion.

The US stands out primarily for high paying customers. And all, including the US government, are trying to fleece them. Here MAGA fails.

Everyone wishes to export to the US. And DT sees that as an easy income source.
The easiness in dishing out % in 2 digits only shows that there is not much insight in Netto vs Brutto

Who drives MAGA: https://archive.today/6DoLu
originally here: https://www.bloomberg.com/opinion/articles/2025-09-05/maga-s-roots-can-be-found-in-carl-schmitt-antonio-gramsci-and-samuel-francis

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September 06, 2025, 02:32:23 PM
 #72

To an extent,I saw some truth in the fact that Trump's policies are actually benefitted the billionaire class.Trump’s policies generally reinforced wealth inequality.Billionaires and high-income earners gained the most,while middle and lower income groups saw smaller, less benefits that could barely lasts.

Even if we talk specifically about the crypto, then also we see that his policies are made for himself and his family. The launch of the "Trump" token just a day before his inauguration made him so much money that maybe he didn't earn that money in all his political career. The World Liberty Finance is his own family company and they have also launched a token WLFI. Although that token hasn't created much attention but who knows, the trump family had all the money to inject into it and make it trending at any time.

Also, this is not the hidden truth that his son knows how the market will react to this Trump statement about tariffs, and he can front-run his positions and get hidden benefits.

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September 06, 2025, 06:41:56 PM
 #73

To an extent,I saw some truth in the fact that Trump's policies are actually benefitted the billionaire class.Trump’s policies generally reinforced wealth inequality.Billionaires and high-income earners gained the most,while middle and lower income groups saw smaller, less benefits that could barely lasts.
Politicians' elections are sponsored by businessmen and big corporations. When they win elections, they will definitely compensate their sponsors. Trump would have to make policies that would benefit his sponsors and other presidents have also done the same. The wealth of nations can never be distributed equitably. There will always be the rich and poor and the US is not an exception.

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September 06, 2025, 06:46:15 PM
 #74

Politicians' elections are sponsored by businessmen and big corporations. When they win elections, they will definitely compensate their sponsors. Trump would have to make policies that would benefit his sponsors and other presidents have also done the same. The wealth of nations can never be distributed equitably. There will always be the rich and poor and the US is not an exception.
Personally I haven't heard any politicians today really support the citizen instead of the rich bad people/entities. As we know money is the strongest weapon in the world, everyone wants money, including politicians.

The good politicians that are on citizen's side only exist in the past, when money is still not the most important thing.

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September 06, 2025, 07:12:02 PM
 #75

What is happening in the US happens everywhere including my country and it can be seen as the attribute of capitalism. In my country, we have a president that is implementing all the recommendations of IMF including devaluation of our currency and removal of energy subsidy, a decision that scattered our economy and push more people to abject poverty. But in that same country, the rich are getting richer and the gap between the rich and the poor continues to widen. Most of the laws passed now are just favoring the elites and politicians.











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September 07, 2025, 10:03:38 AM
Last edit: September 07, 2025, 10:44:42 AM by Accardo
 #76

I saw him yesterday in a meeting with Bill Gates and Mark Zuckerberg, its a total shift into how he was a few months ago and how he sided with Elon. Elon was with him along the entire way and those 2 werent very friendly to him at all. I dont know what is going exactly through his mind.

Maybe its his advisors that at telling him to get closer to Zuckerberg and Gates. The way he handles all these tariffs is also crazy how he announces them and then delays them. He has gone back and forth so much that I don't even know what is going on with the tariffs. Are they still on or not?

He had a meeting with all the tech billionaires to fulfill his vision of leading the AI race against China, which if you noticed, alot of the CEOs thanked the first lady for initiating the AI education for the American people. Tim cook the CEO of Apple, Sam Altman the CEO of AI, and other CEOs and tech geniuses and the owners of Google were all present including the two you mentioned. The only trace of why this thread is related to the meeting Trump had with these billionaires is that he was too anxious to know how much they'll invest in America. He never allowed the question wait, he asked with all desire, as if he wouldn't do without knowing the potential investment of these billionaires to the American people because of the strong market control in the country.

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September 07, 2025, 10:03:41 AM
 #77

I saw him yesterday in a meeting with Bill Gates and Mark Zuckerberg, its a total shift into how he was a few months ago and how he sided with Elon. Elon was with him along the entire way and those 2 werent very friendly to him at all. I dont know what is going exactly through his mind.

Maybe its his advisors that at telling him to get closer to Zuckerberg and Gates. The way he handles all these tariffs is also crazy how he announces them and then delays them. He has gone back and forth so much that I don't even know what is going on with the tariffs. Are they still on or not?

There is also him presenting that bill. The one that he fough with Elon. He wanted to say money and prevent the government from going bankrupt but he introduced that bill. Why even start that DOGE if he was going to overspend anyways and put American into more debt.

Bro, you just can't imagine it, Trump did host Gates, Zuckerberg & other tech CEOs at the White House for dinner (Elon, absent). So yeah, the atmosphere is clearly changing. The tariff moves, strong but volatile; big taxes announced, then tweaked or delayed, causing chaos. There's an EO about 'DOGE' promoting efficiency, but demand it dramatically chopped spending it's still being debated as a whole, federal government costs haven't decreased. so this is nothin but a PR theater combine with policy churn i cant call it a strategy anyhow lol..

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September 07, 2025, 12:58:37 PM
 #78

Dude doesn't give a crap about anyone, but himself at the end of the day. He is just wagging his tail in front of those billionaires in order to continue getting richer which are the characteristics of any average person realistically.

Most of the past US presidents did the same to be honest, but very, very few screwed the global economy so badly to achieve this goal. Trump is the modern Hitler in a way which says a lot about that clown.

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September 07, 2025, 07:12:58 PM
 #79

You are making a point looking at the policies that has been taken by the trump administration it's clear that it's in the favor of the billionaire class and it's the poor people that are the ones that are at the disadvantage position,and they are really feeling the impact of these policies especially the tariffs which the other nations have also imposed on America as a counter tariff measure too.

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September 07, 2025, 07:16:08 PM
 #80

Trump's policies really help business and the rich, for example, corporate taxes were reduced from 35 percent to 21. The tax for the rich was reduced from 40 percent to about 37. Benefits were made for large inheritances! Of course, Trump reached the presidential chair with the help of his influential friends and now pays them for it. This is an obvious fact and it is stupid to deny it. He was led the entire political race with selfish goals.
But among the positive aspects of Trump's policies in terms of business, I can highlight the fact that he simplified business regulation.

Yep and every business is allowed to legally dump 5% worse air from their factories.

Which all Americans living in america get to breath in every time they go outside.

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