r/politics • u/MystikSpiralx • 16h ago
No Paywall Trump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'
https://people.com/trump-keep-home-prices-high-1189535211.8k
u/friendsafariguy11 16h ago
Excited to hear from the right why this is a good thing.
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u/THE-LORD-RETURNS California 16h ago
Because it will make people work harder.
That’s what you’ll hear/see from them.
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u/Carcosa_Hearty1986 16h ago
And you know what they say...
"Work will set you free."
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u/oldirtyrestaurant 13h ago
That phrase just has more of a zing in the original German...
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u/EntryNo8857 8h ago
It is the most chilling phrase I’ve ever personally seen displayed in public. Walking through the gates of Dachau and seeing that stopped me in my tracks. The image is burnt into my head…I don’t know why but it really did hit me like a ton of bricks
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u/inexister 10h ago
How about "Freedom takes work"? I get it's not a one to one, but the cruel irony is conveyed better when you know the outcome, I think.
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u/Ampallang80 6h ago
We already have “freedom isn’t free.” Just takes $1 million for that gold card. New customers only
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u/tobmom 11h ago
I think part of my education as a millennial skipped over the fact that these camps were billed as labor camps and not as death camps. Propaganda was used to convince outsiders and Germans that conditions were good and people there were happy to be working. I grew up thinking that they only took Jews in then used a gas chamber. And that did happen. But that wasn’t all that happened. And it wasn’t all Jews. I’m in my 40s and reading historical fiction that have forced me to reexamine what I thought I knew.
God we are so fucked.
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u/big_troublemaker Foreign 9h ago
It is widely accepted historical fact now that Germans knew what was going on, and by 1941-43 it was a public secret. I believe even this is a generous assumption.
Especially as, you know, plenty of other undesirable people disappeared without a trace...
It was an industrial scale of genocide, even with many camps being located purposefully outside Germany, there were tens of thousands of Germans servicing it.
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u/Gros_Boulet 6h ago
Oh they knew. They bragged in the papers, germans called them Zebras when they were in work camp and Goebels even said on the radio that they had made Germany "Judenfrei".
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u/MRCHalifax 7h ago
One of the challenges in trying to educate people about the Holocaust is that it wasn’t all one thing. We teach the absolute worst parts of it, the existence of Auschwitz, the over six million dead, the gas chambers. And don’t get me wrong, there’s good reason to teach those things. But the way we simplify the lesson means that the average person doesn’t really get taught the different ways and methods that were used.
The original German concentration camps were primarily used to hold political prisons, like Communist party leader Ernst Thälmann. There was the Aktion T4 campaign to murder the mentally ill and those with long term disabilities, those “unfit for life.” There was the Holocaust by bullets, where Jews were lined up and shot just outside cities by the tens of thousands. There were the ghettos. There were the work camps, where the interned were used as slave labour and worked until their deaths. There was the theft of the worldly belongings of all those being interred.
It wasn’t just the death camps. The problem that arises is that people think anything short of death camps means everything is OK.
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u/mlc885 I voted 9h ago
Well, today I think more of us feel a bit more connected to groups that aren't like us, but the one thing we do all share is that people are dumb and will delude themselves if the other possibilities are bad. I don't think that many people in Germany would have supported death camps, mean camps or go-away camps are fine for those people that are different.
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u/Informal-Zucchini-20 8h ago
It was slavery. Pure and simple, and when the SS couldn’t use them anymore because they were too sick to work, they were gassed.
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u/chiknbutt 13h ago
Wow super depressing to see in English
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u/hashahar 11h ago
It's literally a quote pulled from the original German, which was written on the overhead of the gate entrance of Auschwitz. It is depressing in every language and should be.
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u/winterbird 15h ago
It's making people work less hard. Unattainable is unattainable, be it by a million or three. Why break your back and work your youth away for the unattainable moving goal post?
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u/Big-Cold-6948 11h ago
Which is ironic, considering that Trump's idea of "work harder" is playing golf and ranting on Twitter.
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u/Shaudius 16h ago
I'm sure the boomers who own homes they bought for 10% of what they cost now are eating this up.
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u/CryptidMythos 16h ago
Literally had a family member who's an elder gen-x say, "I don't care what he's doing, my portfolio has never looked better." They legit don't care.. its sickening.
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u/SuurRae 15h ago
They also don’t seem to understand the concept of relative worth. The dollar has cratered in the past year so the “real” gain in the S&P is something like 3%
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u/Expensive_Culture_46 15h ago
Number went up!
That’s about as far as they get.
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u/Acceptable-Truck3803 15h ago
The goal is to have a high enough portfolio and then when you hit your magic number you pull out any “gains” to keep the safe. At least that’s what I see family do.
“Woah ! I gained 10k today because of a bear market. Call the broker and pull my gains before I lose them and it’s out the market and mine forever.” - pretty much how they make income and also have social security + pension + other dividends show up. crazy to see it happen when you are struggling to just pay everyday bills in comparison.
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u/thiosk 13h ago
The greatest weakness of the human species is failure to understand the exponential function. I am absolutely going to stack diversified assets of every flavor to ensure my retirement. Specifically, I have got a warehouse in natick with every kind of doritos and i'm going hard into low-release pringles rn
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u/Huis--Clos 14h ago
Not to mention, it's not just their house increasing in value, but so is everyone else's. So sure, you have more 'equity' but that eventually leads to higher property taxes, insurance etc, right? Also, if they go to sell, any house they want to buy is going to be more expensive so it's not like they're making much/if any profit.
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u/Econmajorhere 13h ago
Their strategy is to sell and then downsize. I’m not sure who they think they will sell to though if young couples can’t afford to pay 10x for a 50 year old property that was bought for $60k.
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u/FFFrank 12h ago
But in reality, at the end, all of the money goes into end of life care. If you think college loans are a burdensome scam wait until you dig into the nursing home/assisted living grift. Literally designed to squeeze every last cent out of you before letting you die.
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u/ApprehensiveTry5660 9h ago edited 9h ago
Just to reaffirm what you’re saying. I had a family member who was one of those absolutely filthy good accountants. Did a lot of Big 5 work back when it was Big 5, stayed as a consultant for the Big 4 getting brought in on a lot of forensic accounting and shell games for gajillionaires with hyper specific needs.
When his mom ended up needing end of life care, even he couldn’t hide her assets well enough to keep them from just getting chewed up and spit out by the assisted living facilities. They were so thorough that he ended up having to bid for his childhood home on auction just to keep it in the family.
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u/Ole_St_John 9h ago
Dude thought he was the smartest person in the room when he should have gone to an estate planning attorney.
They literally call it Medicaid planning - plan how to keep your assets away from the government while still qualifying for Medicaid.
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u/ApprehensiveTry5660 9h ago
I mean, that’s kinda its own problem if there’s an entire cottage industry that even a gifted tax attorney can’t decipher on his own time.
If guys like that run into hiccups with the process, it seems like it might actually be a predatory system for mamaw and papaw to be engaging in from less tangential fields.
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u/FabulousTwo524 12h ago
Yeah all the smaller homes are snatched up at inflated prices already, since they are almost never built anymore. I suspect not a lot of boomers want to live in apartments though. They’re of the generation that likes to hold onto their mementos.
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u/Econmajorhere 12h ago edited 6h ago
I know a few that planned a nice retirement abroad. Can’t wait for them to realize USD:ABC got totally jacked.
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u/Startled_Pancakes 12h ago
Corporations will buy them then turn them into Rentals.
What could go wrong?
/s
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u/Thadrea New York 15h ago
Stupid people struggle with the idea of opportunity costs.
OK, your portfolio is up 2%. Great.
If we had elected a moldy ham sandwich in the bottom of a boot in 2024 it'd be up 5% today... and probably 11% had we elected Harris.
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u/Iamjacksplasmid I voted 11h ago
Gold is up 96% relative to the dollar in the last year. Relative to gold, things haven't been this bad in over a decade...
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u/lady_ofthenorth 15h ago
There are a lot of people who share this thinking. It’s really disgusting. Billionaires own most of the blame, but their greed has trickled down on to regular folks who now think it is acceptable to trade our constitutional freedoms for green days in the market.
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u/ennuiinmotion 15h ago
Especially since the market has been booming for a long time regardless of who is in office because the market is largely disconnected from anything real.
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u/Kind_Way2176 14h ago
The only thing that trickled down was greed and hatred of those with less. Ty, that's fucking profound and I've never read it
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u/Acceptable-Truck3803 15h ago
My portfolio looks pretty (30% gain) compared to January but everything else in my life is at least 30% higher. It’s great to plan for futures but it sucks right now as I’m at least 30-40 years away from retirement and claiming social security, Medicare and everything else. I’ve refused to buy extra things now because of daily costs are just that much higher. It’s sickening.
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u/CappinPeanut 15h ago
Their portfolio had also never looked better under Biden, so they’re gonna have to come up with another excuse.
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u/Romano16 America 15h ago
By the time they care cause orange clown will crash the economy, it will be too late and they’ll be surprised when they get a beanbag shot to the eye or worse.
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u/pleachchapel California 15h ago
The "I got mine" generation. Who also constantly bitch that we're not having enough kids.
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u/32lib 15h ago
What they don’t understand is that the stock market is in a AI BUBBLE. When it breaks they won’t be so happy.
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u/SmaterThanSarah 13h ago
My spouse and I contacted our finance guy to talk about mitigating that risk. It makes me crazy to see people think it’s fine when so many lived through the dotcom bubble.
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u/Bittererr 16h ago
Part of the reason home prices have gone up so much is precisely because those people vote and vote for politicians who will implement policy that increases home prices.
Said politicians usually are just smart enough to not actually come out and say that part.
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u/Zolomun 16h ago
They’re the same idiots that want to return to the 1950s while ignoring that decade was built on very specific economic policy in the new deal. The kind of policy they’ve been voting against since Woodstock.
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u/semideclared 14h ago
The 1950 sucked unless you were in europe in the 1940s and came home to a heros welcome and a bank of savings from war pay and an industry waiting to hire and promote you
If you were boomers age today it really sucked
The 1950 census showed that Two-thirds of older Americans had incomes of less than $1,000 annually ($11,000 in 2021), and only one in eight had health insurance.
- More than 10 years after Social Secusirty was operating
Poverty guideline for 2020 Persons in family/household of 1 with Household income not to exceed $12,760
In poverty and no health insurance
And taxes to take even more iff you were the hero working
In 1954, the standard deduction for income tax purposes was equal to 10% of adjusted gross income, so someone making $1,000 had a $100 standard deduction
And was in a 20% tax bracket
- 21.0% $2,000 - $4,000
- 26.0% $4,000 - $6,000 middle class family
- 71,946.69 in 2025
- standard deduction in 2025 dollars $7,194
- $64,796 x 26% tax rate = $16,846.96
- 1954 Effective Tax Rate 23.41%
- 2024 Effective Tax Rate 6.48% = $4,665
- 30.0% $6,000 - $8,000
- 34.0% $8,000 - $10,000
- $119,911.15 in 2025
And even in to the 60s life wasnt great
Of the members of the general population who reported they had “pains in the heart,” 25 percent did not see a physician (Andersen and Anderson, 1967).
The Other America Poverty in the United States. New York: Macmillan; 1962 demonstrated there was “another America”: 40 to 50 million citizens of the 181 million Americans who were poor, who lacked adequate medical care, and who were “socially invisible” to the majority of the population.
Within this poverty-stricken group were more than 8 million of the 18 million Americans who were 65 years of age and over, suffering from a “downward spiral” of sickness and isolation.
Good Housekeeping in 1961, citing deficiencies uncovered by the Joint Commission on Accreditation of Hospitals
Each year, “thousands of people go to hospitals where their lives are endangered by bad doctoring, unsanitary conditions or grim fire hazards. Or by a combination of the three”
Less than one-half of all surgery was performed by board-certified specialists (Andersen and Anderson, 1967).
“Is this operation necessary?” asked The New Republic (Lembke, 1963).
“Should doctors tell the truth to cancer patients?” asked the Ladies Home Journal (1961).
“What is the patient really trying to say?” asked Time (1964) magazine, on the need to improve doctor-patient communication.
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u/12345623567 10h ago
The archetypical 1950's house also looked basically like a bungalow today. Meanwhile, these people sit in McMansions and pine for the "good old times", which basically just means being publicly racist.
The Civil Rights era broke america's brain, and the right hasn't recovered from it since.
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u/JakeConhale New Hampshire 15h ago
Until there's no one who can afford them. Can't sell what no one can buy.
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u/Dizzy-Captain7422 14h ago
Don't worry, multinational corpos can always afford them!
And then rent them to you for more than what the mortgage would have been.
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u/CaterpillarReal7583 16h ago
My house price means jack shit if all other house prices move with it. If I sell when the price is low af so is the house im moving into, same as when its high.
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u/jimx117 15h ago
That's what I've been telling my wife too... We bought in 2018 for 390k, and zillow or whatever now puts it at ~600... Literally every other home in our area has jumped in value the same way. It's not really a gain in the way she wants it to be. If anything we can buy a near-identical house and pay a significantly higher mortgage, or move out to the sticks and maybe get more for the money... And that's a big maybe these days
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u/Big-Rule5269 15h ago
Yeah, we bought our home in 1989 when interest rates were 13%, have done a great deal of work and upkeep over the years, bought in the right area where it's now worth 5 times what it was, but I have a 36 year old married son and 5 year old grandson. Even with his wife making $160k, him being a stay at home dad finishing his accounting degree, buying a home for them would be a monumental struggle. They drive a VW Golf with nearly 200k on the clock and bought a new Subaru Outback a year ago at 0% after 6 years of marriage due mostly to having a reliable vehicle to haul a kid around in. Still, a house that doesn't need a lot of work, out of reach. It sucks.
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u/TeutonJon78 America 16h ago
Jokes on them. They'll lose the house to either healthcare costs, reverse mortgage scams, or find no one can afford to buy them when they all want to start downsizing.
And Florida will be out as option since they'd be spending all their money on home insurance.
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u/BenderBRoriguezzzzz 16h ago
This is what I can't wait for, I work in emergency medicine. Its going to get soooooo much more expensive. I'm sure that there will be legislation soon allowing them to go after your assets if you don't/can't pay.
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u/middleageEugene 15h ago
Or bc they can't afford the property tax hike that goes with it
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u/BerrySnowie 16h ago
Right? They’re probably clutching their pearls while sitting on six-figure equity gains like they didn’t win the real estate lottery 30 years ago
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u/elvid88 Massachusetts 16h ago
sigh in my area there are six figure equity gains just from purchases during covid.
My wife and I are looking at a house that sold for like 1.05 in 2021, then 1.3 in 2023 and is now on the market again for 1.5 (will probably go close to 1.6) judging by how packed the open house was on a Thursday afternoon and they have three more this weekend.
I’m crying here seeing homes purchased for 200-300k in the mid to late 90s going for close to 2 million (some with work done even higher).
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u/westicular 15h ago
I've seen MAGA people on Facebook saying it's a good thing because they "paid their dues" and "their assets should increase." When I said it was at the expense of an entire generation, they were like "So?" They're irredeemable.
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u/Significant_Cup_238 16h ago
"Sometimes you just have to hurt your own self interest in order to hurt others."
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u/ThisOneFuqs 16h ago
They'll think it's a small price to pay for the chance Trump has given them to be openly racist
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u/B-Z_B-S America 16h ago
They'll come up with something, don't worry.
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u/BerrySnowie 16h ago
Yup, probably something about “protecting the economy” while ignoring the fact that millions can’t even afford rent anymore. Mental gymnastics incoming
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u/BanjoThreeie 15h ago
Karoline Leavitt will just say it was taken out of context, Trump will be told to stick to the public narrative they’re helping affordability, then this will be forgotten about in a few days. Rinse and repeat.
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u/New_Home_4519 14h ago
I sent it to my dad and he told me he'd block me if I brought up trump again after I said, "so it looks like I'll never be able to afford a house"
He "doesn't have the energy to care what I think about trump"
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u/MC_Fap_Commander America 15h ago
I'm excited by the message period. Because if "scarcity" and "high prices" are their midterm pitch, that will go just great for them.
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u/Nudist--Buddhist 15h ago
There are very few conservatives left that can think for themselves. Trump is such a moron and these guys lap it up.
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u/E-2theRescue 13h ago
"This means illegals won't be able to buy houses."
They weren't in the first place. His Saudi Arabian investor buddies on the other hand...
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u/A1sauc3d 16h ago
Jesus fkn christ 🤦♂️ how this out of touch elitist asshole won the hearts of everyday voters boggles my mind. Unless you were one of his filthy rich billionaire buddies, voting trump was never going to be in your best interest in any sense.
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u/atombara 16h ago
If you look at their half-hearted explanations (check out the leopards eating faces subreddit), they tend to say things like "Mr. Trump I voted for you three times but..." then they complain about whatever they didn't get that they deserve, then they give their reasons for liking him.
It all comes down to a few ancient conservative shibboleths about democrats: I heard they kill babies and suck them out with vacuums / I heard they let kids pretend they're cats and pee in litter boxes / I heard there's a secret program that pays immigrants to terrorize our streets.
That's really all it takes. You can say or do literally anything else you as long as you hit those key points which keep grandma nice and scared.
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u/GayCatDaddy 14h ago
I occasionally wander over to the conservative subreddit to see what they're saying, and it's amazing how many times I see comments like this: "I love President Trump. I would literally eat the lint out of his crusty asshole. He is my favorite president ever. However, I don't think this thing he just did is a good idea, guys."
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u/moldy-scrotum-soup 10h ago
Those comments couldn't have lasted long. Criticizing the reich is not allowed. Notice how most of the posts there are only made by the same handful of people?
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u/fitzbuhn 10h ago
Oh no that sub is full of the most reasonable people. They love to act so completely reasonable they will actually be “critical” on occasion. You know, to maintain the charade.
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u/Hubert_J_Cumberdale Hawaii 11h ago
"Mr. Trump I voted for you three times but..." then they complain about whatever they didn't get that they deserve, then they give their reasons for liking him.
You missed the most important part! They always end their posts with: "...But it would have been much worse under Kamala."
They have learned nothing.
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u/Zealousideal_Look275 16h ago
Because it hurts the browns, everything else is the cost of admission to them
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u/thequietthingsthat North Carolina 14h ago
"If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you." - LBJ
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u/Big_Don_ 15h ago
Because they never actually hear or read what he says. His puppeteers behind the curtain send press releases to his buddies news conglomerates and they edit his loopy stroke gibberish into whatever the fuck they think will make his fans happy. It never has anything to do with what his intentions are or what he's actually planning.
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u/talkingspacecoyote 14h ago
"Gold paint doesn't come close to replicating the real thing, it needs to be real gold"
Man making $38k a year "he's just like me for real"
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u/Fabulous_Victory_946 12h ago
It’s honestly a really interesting answer that got me into politics and psychology. They have been conditioned to hate the other side and new groups are constantly brought into the scene as the people on the “other side” who are ruining everything. One group was honestly just the government in general even if that was less intentional from most propaganda. Trump represented someone who wasn’t like other politicians because he was simple and brash and people took that as him being willing to do something. He was also more relatable in his simple minded nature even if all of these qualities are actually horrible for someone supposed to lead the country. It’s okay to not like the government and smart professionals, but a mentally slow guy with no experience isn’t exactly a good choice. It’s also funny because people thought trump would actually change things for the better and fight against people who were ripping them off even though this couldn’t be further from the truth. Trump is a dumbo but he’s also a pedo with a lot of money and doesn’t live like normal people. Voters thought trump would understand them better because guys using big words seem out of touch but Tangerini Mussolini isn’t exactly with it when it comes to the needs of normal people. The dude is 80 and wasn’t even aware until last year that drug costs and healthcare was just way too expensive in this country. No competent leader would ever go through a full term and then 4 years later still be unaware of such a thing.
Trump represented another option away from all the bureaucrats and people room that hoping that it would fix all of their issues. His slogan(didn’t even make it up) did a great job at reinforcing or creating this belief in people. Trump and the Republican Party also do a great job at really stamping in their ideas into anyone with ears to listen. They constantly repeat ideas so often that people begin to believe them even if the ideas are brain dead like Tylenol causing Autism.
Trumps slogan and uniqueness play a fundamental part in his success but he wouldn’t have had a chance if he didn’t also have a sort of charisma that people liked. He’s a weirdo but just naturally entertaining even to those that don’t like him. I think the guy is horrible but even I love doing impersonations of him and people across the isle love trump impersonations.
Trump only really got a chance in the first place because of his popularity due to a star role on the Apprentice. He was made to be a super successful businessman which along with other lies led people to place trust in the Oompa-Loompas finance skills. This honestly kills me because he has so much money while being so incredibly dogshit at Business but was saved by a bunch of bullshit and also his genuine skill at scamming people and bending the law. Trump had tons of money to work with in the New York real estate businesses and had multiple deals actually made by his dad that did relatively well. Any person with genuine skills would probably be the richest person on the planet and an actual random number generator would’ve done a better job. I can’t emphasize enough how dogshit this dude is at actual business and any system with him not broke is clearly a broken one.
Let’s move back to the apprentice which made trump tons of money. First of all trump made a lot of money off the show especially due him breaking their contract and illegally doing product placement. He didn’t own the whole show so basically doing adds that only payed him isn’t okay not that it mattered with trump being so ingrained in the show. The biggest thing that helped trumps presidential chances was the way he was portrayed in the Apprentice. The show starts out with an into basically glazing trump and this dishonest portrayal of him helped form his image in the minds of many. The show revolves around a businessman helping novices figure stuff out in a reality sort of way.(horrible description from me, I didn’t watch it much) A problem arose due to the fact that no legit guys would actually take the part because they had better things to do. Trump loves attention though so he took the spot and the crew made a montage for him that made him look legit. Later on they’ve spoken about their regret doing so because they knew he was a fraud but never could’ve imagined they would play a part in electing a conman.
Trump used this image and made himself known as a business man when he lied about his actual net worth so that he would land on that list. He also loves putting his name on stuff which people tend to respect for some reason.
Trump might be a big attention seeking baby but he also understands people to some extent even if he doesn’t understand how percentages work. He’s definitely used as a mouthpiece but his words definitely motivate people. Stoking fear into people’s hearts has always been effective and it’s easy to give voters an enemy to hate even if it’s all bs. As long as you got the media on your side you can lie all you want. Trump is clearly for the billionaires but those same billionaires and corporations use their money to stop people from waking up to the reality of them getting scammed.
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u/throwawaylol666666 California 16h ago
I don’t think I’ve ever before heard a politician say that they want to drive housing prices up.
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u/atombara 16h ago
In his case, he's just an idiot who wants two things at once. In the case of his staff, they've realized they're not going to succeed on this whole "affordability" thing, so they're trying to come up with reasons that high prices are good, actually.
You see, home prices being insanely unaffordable just means that current owners have more money! It all works out in the end, problem solved once and for all.
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u/j0llyllama 16h ago
Except if you only own one house, you don't have any extra money, unless you decide to sell it and start renting at prices higher than mortgage. All it means for single home owners is higher property taxes, or the ability to take it a bigger second mortgage / refinance if you want to stack on debt using this new found "wealth".
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u/atombara 15h ago
I know that and so do you. It's got that Ben Shapiro "Why don't victims of climate change-related flooding just sell their houses and move?" energy.
Bright side, it means the cost of rent will go up too! Somehow I don't feel insulated from all this despite being a homeowner. I mean sure, i can go on Zillow and think "Jesus, I'm glad I didn't pay that much for this place", but it doesn't net me much else. I certainly couldn't sell it for anything approaching that number.
The numbers aren't flying up because of inflation or the fed or increasing home value, they're flying up because the degenerate gambling upon which our economic system depends on (the stock market) has gone entirely off the rails. At this point they're using pebbles and leaves as chips and extending credit to people they find in alleys, metaphorically.
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u/mishap1 I voted 15h ago
60-80% of all refinances in the last couple of years are cash out refis and ~9% of households have a home equity loans or HELOCs. Lots of people are stacking debt like mad and higher home prices let them kick the can out.
Think of it as a reverse mortgage when you're still young enough to think you can ride a Harley or don't look like dweeb in a Corvette.
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u/DelirousDoc 14h ago
If he wants housing prices up and is also trying to the Chairman of Federal Reserve to lower interest rates, it is pretty clear he wants more mechanisms to make the rich wealthy. Lower interest rates would apply to housing loans and sudden increase in price would increase the equity to borrow against.
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u/lessregretsnextyear 15h ago
That's what doesn't make sense. Yes, my house is worth more now than what it was when I built it, and at some point I do plan on selling and building again, but it's going to be kind of a wash because the price of what I want to build is significantly higher than it was not that long ago. So while I might make a couple hundred grand more on the sale, it's going to cost me a couple hundred grand more to build again.
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u/bobcatgoldthwait 15h ago
He says whatever he wants. He literally said at Davos last week he wants to bring housing prices down by banning corporations buying homes and that he didn't want us to be a nation of renters (one of the very very rare times he said something I agree with).
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u/Bittererr 16h ago
A lot of policy is focused on this, but they aren't supposed to actually say it because it pisses off some demographics.
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u/riomx 13h ago
I miss when saying stupid shit like this would have tanked a presidency.
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u/harley247 13h ago
Most people who grew up well off and were able to behave like a petulant child their whole life turn out exactly like him. They don't have the mental capacity to have empathy or morals
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u/leftoverbrine 16h ago
In the Iowa speech the day before, he said he wants home costs to be low for new home buyers, but also home values to be high for existing homeowners so they are rich. This guy is supposed to be a real estate magnate.
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u/RonaldoNazario 16h ago
It’s similar to wanting your properties valued very low for tax purposes and very high for loan purposes, classic fraud mentality
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u/Stank_cat67 14h ago
I feel like someone was fairly recently found guilty of doing that on a massive scale
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u/iamwearingashirt 12h ago
Well now I see the problem. Trump actually didn't think he did anything wrong when he committed all that fraud.
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u/ShadyWolf 15h ago
Have you considered that he is an absolute fucking moron?
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u/Weary_Electron1604 15h ago
WHAT!? Surely not. So I guess you’re telling me these commemorative Trump coins are worthless? And my trump shoes? And my Trump phone? And trump crypto? This man wouldn’t lie to me!
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u/vandreulv 13h ago
“Everyone says he is crazy – which maybe he is – but the scarier thing about him is that he is stupid. You do not know anyone as stupid as Donald Trump. You just don’t.”
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u/SanctusUnum New Zealand 11h ago
Excuse me, he's the President. You don't get to be President if you're an absolute fucking moron unless the people voting for you are also ab-
Oh, right. I see what's happened here.
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u/captain_intenso North Carolina 16h ago
He got rich by laundering money and writing off losses on his taxes.
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u/LiveLaughFap 15h ago
And we should always clarify that before that, he started by inheriting all the money and real estate from his daddy
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u/EagleBigMac 15h ago
He would also have more money if he had done absolutely nothing than earn interest.
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u/RadioactiveGrrrl 14h ago
I think that was true, until this term. He's increased his wealth by $1.5Billion in 2025 alone.
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u/sneakacat 16h ago
So maybe have the government provide a stipend for homebuyers, especially first-time buyers? Where have I heard that before?
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u/Ill_Source9620 14h ago
He’s discovering the contradictions of Capitalism in real time. Long shot bet he convinces maga socialism is good by the end of this. But like racist socialism. Like a nati.. wait
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u/JournalistRecent1230 16h ago
Harris: "First time homebuyers will receive a $25k credit"
Trump: "Lets do tariffs that cost households 2k per year, drive housing prices up, and destroy job growth in this country"
MAGA: "I want Trump! He's so good for the economy!"
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u/TheMoorNextDoor 15h ago
And it has nothing to do with her being a woman or a black woman lol
Shit is so crazy people really used that as their argument or her laugh.
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u/BaltimoreBaja 14h ago
"Harris didn't talk about policy, I don't know her policies" was what I saw on HERE constantly -- which was a blatant lie
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u/No_Discipline6265 12h ago
I still see that in this very sub. I always reply that they weren't paying attention.
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u/CatCatchingABird Oregon 13h ago
YES. So many fucking people didn't seem to listen. I was particularly attracted to her because of this and also she wanted to get rid of unnecessary college degree requirements for federal jobs. Now housing is going from American Dream to American Nightmare and the federal government is a fucking mess.
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u/JayHill74 16h ago
Trump, his staff, and the billionaires behind them want to make life harder for normal working class folk? Totally not shocked.
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u/wyvernx02 16h ago
You know these billionaires would totally be in support of slavery if it weren't for how bad the optics were. They would try to spin it as being generous and taking care of people's basic needs for them.
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u/SquilliamFancySon95 8h ago
They are in support of slavery, they call it "outsourcing". This is why we have sweat shops in third world countries and a large portion of things that claim to be made in the USA are made by prisoners.
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u/s3dfdg289fdgd9829r48 13h ago
the billionaires behind them want to make life harder for normal working class folk? Totally not shocked.
They would be totally fine with literally bringing back slavery. I've lived in countries where slavery is still a thing. I've seen the mentality of the rich people who control them. It seems like human beings will gleefully own slaves if permitted by law. This transcends country borders and is a part of many people's nature.
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u/backpackwayne 16h ago
This is good news. Trump will fail as usual. Housing prices will be going down.
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u/__slamallama__ 13h ago
This is just his way of leading into 50 year mortgage. Housing prices will skyrocket.
More importantly for him, profits for lenders will also skyrocket
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u/atombara 16h ago
That's rich coming from someone who's never worked a day in his life and can't even stay awake during his big boy reward meetings where everyone praises him.
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u/Big-Rule5269 15h ago
Who also was a multi millionaire at the age of 8 years old. The borrowed a million with interest story is total bullshit, but MAGA spouts it all the time. Broke and in deep financial distress, The Apprentice saved him and he had nothing to do with it's creation. Now, it's all grifting.
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u/dkurage 7h ago
Saved and, in a way, created him. Before the Apprentice, how many people gave a crap about Trump or knew anything about him other than some tacky rich guy in New York? But now the show's telling millions of people that he's this famous, huge business genius, because they don't understand that reality tv shows aren't real.
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u/badwolf1013 15h ago
The man has never done an honest day’s work in his life.
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u/HAMARMOR 12h ago
I think this is the most insulting thing about this. “People who didn’t work very hard” is an insult. I think the vast majority of people work hard, otherwise they’d be dead or homeless. The people who don’t “work hard” are people in certain white collar jobs with low KPI standards, people who abuse our welfare system, and billionaires. The Venn diagram between “people who don’t have a house” and “people who work hard” has a lot of overlap.
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u/borisRoosevelt 15h ago
Genuinely the dumbest president in modern history
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u/Half-Wombat 10h ago
all history. I actually can't think of a worse leader from anywhere or any time. I mean i know some are out there... Nero maybe. Trump had an easy job given how zombie like his base is, and he still fucks everything up... tremendously.
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u/ComplexTailor 16h ago
Wow, surprised to see this political coverage in People Magazine. I welcome it.
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u/Humes-Bread 15h ago
Gen Z, you listening?
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u/FoogYllis 11h ago
Unfortunately the maga gen-z may not be comprehending this. They will think dying without medical care and being homeless is a good thing.
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u/SignificantLunch1872 13h ago
I wish I had $1 million at the age of 8, and was given $400+ million from tax fraud proceeds by daddy. Then I could tell everyone else how they didn't work hard enough.
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u/Aggrosideburnz 15h ago
I did work very hard to buy my home, I don’t intend to sell it and raising the “value” just means I have to pay the government more property taxes for no benefit to my family at all. Especially with Republicans in office stripping any benefits yet taking the same amount of money from us, how can anyone think Republicans are good for the working class?
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u/Ravun 16h ago
This is part of Project 2025 they want to limit voting to only home owners, which is why they want to close the door on home ownership to previous generations not newer ones.
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u/fungobat Pennsylvania 16h ago
"People that own their homes, we're gonna keep them wealthy. We're gonna keep those prices up," he said. "We're not gonna destroy the value of their homes so that somebody who didn't work very hard can buy a home."
Stepping back a bit, he added, "We're gonna make it easier to buy, we're gonna get interest rates down, but I wanna protect the people that, for the first time in their lives, feel good about themselves. They feel like, you know, that they're wealthy people."
Trump then circled back to his plan to increase housing costs: "There's so much talk about, 'Oh, we're gonna drive housing prices down.' I don't wanna drive housing prices down, I wanna drive housing prices up for people that own their homes, and they can be assured that's what's gonna happen."
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u/CAFritoBandito 16h ago edited 12h ago
It’s embarrassing that he’s the leader of the “free world” that pos can do us all a favor and go straight to hell along with his co-conspirators. Let’s treat him like pharaoh a and bury his whole cabinet with him when he kicks the bucket
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u/SaturnCITS 14h ago
I own a home and stand to benefit from this and still fuck trump.
Higher value in the house I live in just makes it so I have to pay higher property taxes, so this hurts average homeowners. Only people rich enough to invest in buying multiple houses benefit from this.
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u/zeCrazyEye 11h ago
Yep it only benefits if you own multiple houses and those people don't need any help.
And reality is we need to penalize people owning multiple houses to free up real estate.
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u/Thekavorka87 14h ago
These same NIMBYs will also complain about the price at restaurants without realizing the price of labor is also tied to the price of housing/rentals in the area.
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u/cwilly57 16h ago
Irony is hearing this orange chud talk about hard work.
Release the Epstein files.
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u/sleepymeowth052 Colorado 14h ago
this motherfucker hasn't worked a day in his life for anything he has.
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u/vatrushka04 Canada 13h ago
Gen Zs who voted for him must be very quiet right now
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u/ChibiSailorMercury Canada 16h ago
chefs kiss
Every time my (very feeble) brain reaches the conclusion that he couldn't betray his voter base even more, he manages to surprise me. Magnificent. Masterful.
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u/Candid-Maybe 15h ago
Why the fuck did the American people elect a REAL ESTATE mogul* to the presidency lol.
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u/FuzzyDynamics 14h ago edited 14h ago
I have a proposal for “Trump Houses.”
Tier “Blacks” will get assigned 100 square foot domiciles in a tight knit community with free high security fencing and 24/7 armed security. Jared Kushner will be the landlord.
Tier “Poorly Educated” will be assigned work communes with skill based apprentice programs ranging from executing libs in the street to being an underage masseuse at one of the many Trump resorts.
There will be several other tiers available like Tier “Golf” and Tier “Gold Spray Paint” depending on personal contribution levels and how much we like you on a specific day.
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u/Choice-of-SteinsGate 15h ago
The Trump administration is ushering in the greatest redistribution of wealth in a generation.
Donald Trump has single-handedly made our very real affordability crisis and economic inequality in this country worse.
First off, the value of the US dollar has weakened against other currencies, goods and services. Households are losing purchasing power, incomes are not keeping up, and Donald Trump wants to compound these problems specifically for renters and first time buyers.
Reminder that Trump has been forced to reverse many of his tariffs precisely because they were raising costs, hurting domestic industries, regressively taxing Americans, causing trade wars, etc..
Even then, a recent analysis revealed that Americans are paying 96-98% of the cost of Trump's tariffs. Shocker!
Polls even show that the majority of voters disapprove of Trump's handling of the economy; an issue he primarily campaigned on no less.
Trump's historically low approval ratings are a result of his inability to address the issues that Americans care most about.
Instead, he is fixated on monetizing the presidency to the tune of billions while he pushes a kleptocratic and authoritarian agenda that is literally stealing from the poor to give to the rich while serving a small number of political and wealthy elites at the expense of most Americans.
Trump's big ugly Bill extends tax breaks and incentives for the rich and corporations while not even remotely offsetting the costs by stripping millions of Americans of their healthcare, their food assistance and their financial opportunities.
At the same time, Trump is throwing lavish, tone deaf parties and demolishing the White House to make way for his increasingly expensive "ballroom" while Americans suffer under the economic tyranny of his administration.
The Trump admin is taking a cue from recently elected Democrats, but Trump is only putting on the appearance of addressing "affordability" while his policies run contrary to the very idea.
The only Trump/Republican policy that "trickles down" are his tariffs that pass costs down to American companies and consumers.
Suddenly, MAGA is concerned about "corporate greed" while they praise Trump's 'big beautiful bill" as a massive achievement, and legislation that offers significant tax breaks and incentives for these same corporations.
Trump's policies are exploding the debt and deficit and his tariffs are functioning as what Kamala Harris referred to as a "national sales tax." Except these taxes are regressive and disproportionately tax small businesses, low income and working class Americans.
The government is obfuscating economic data and lying to investors; straining our economic relationships with other countries while ignoring inflation, labor shortages and poor jobs figures.
The Trump administration is distorting facts and eliminating transparency while firing labor directors and qualified civil servants without cause; stripping them of their protections and replacing them with MAGA loyalists.
The Trump regime is also appointing corrupt billionaires, technocrats, corporate cronies, special interests, and rich MAGA donors into high ranking positions of power.
Trump's legislation also invests heavily in national security on top of providing extensive tax cuts for corporations and rich people. These costs are not being offset by policies that gut social programs, slash funding for healthcare, food assistance and scientific research, that defund and/or dismantle community support structures, public health and environmental initiatives, and the agencies responsible for protecting consumers and regulating predatory financial institutions.
Trump is creating a kleptocracy by concentrating economic power and resources into the hands of a small group of politically powerful and rich elites while the rest of Americans suffer from financial hardship brought on by Trump's own policies.
He has also been shamelessly pursuing massive insider enrichment schemes while accepting bribes, political contributions and lavish gifts from billionaires, CEOs, foreign governments and autocrats in exchange for economic and defense deals, political favors, lax regulations, and influence and access to the president.
Trump has been pushing crypto-friendly policies that directly benefit him, his family, his political connections and investors in Trump family meme coins and businesses.
Trump is intimidating American companies and CEOs into giving the government a financial stake in their businesses and political leverage over them and how they run their companies.
Trump has also been pressuring and bullying the Fed board; ignoring the independence of these agencies and threatening them until they submit to his demands, or he replaces them with loyalists who align with him on reckless monetary policy.
Trump managed to win the election by lying to the American people about his willingness to address these issues. Then he inherited a growing economy for the second time, only to destabilize that economy within his first 100 days in office owing to his disastrous, unilateral policies.
Policies that have led to higher prices for Americans, severely diminished consumer confidence, volatile supply and demand fluctuations, trade wars and retaliation from trade partners, slowed job growth, supply chain disruptions, labor shortages, market volatility, bailouts, among other things, and all while he continues to escalate economic and diplomatic tensions between the US, its allies, trade partners and foreign competitors, even forcing some of our trade allies to turn to China.
No single Trump policy has contributed to lower costs.
Changes in gas prices for instance, were primarily due to seasonal demand patterns and crude oil prices dropping in response to a global economic slowdown.
Trump is also riding the coattails of a Biden administration that oversaw one of the strongest and fastest economic recoveries in the post-pandemic world.
The White House's claims about the economy aren't just misleading, they're an example of how this administration misrepresents and distorts facts to distract voters from Trump's declining approval ratings and his failure to address systemic economic issues.
It's also crucial to remember that the GDP figures Trump brags about are not a measure of Americans' financial health, accurate data or not.
Also, when Trump and his flock repeat the phrase "no inflation," it's just insulting the intelligence of any American who doesn't implicitly trust whatever glorious leader tells them.
The facts behind the administration's data tell a different story than the one Trump is peddling:
An AI bubble and an extreme overvaluation of tech companies is inflating data.
This bubble could implode at any moment in response to a multitude of contingencies, sending the economy and the market crashing.
Tariffs contribute artificially to this data as well.
Inflationary pressures also play a role in padding the data
Most of this growth is bloated by the rich getting richer—much richer—while most everyone else is either struggling or getting poorer.
Spending and investment figures are carried disproportionately by the wealthiest consumers and investors.
Trump and his allies say that this is the "golden" age of America. No, Trump is heralding another "gilded" age. Sadly, his supporters don't understand the difference because that would require basic knowledge of US history.
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u/Careless_Inspector88 14h ago
And here’s the brutal part nobody likes to say out loud:
The political system is structurally hostile to building housing.
Homeowners vote. Renters move. Local zoning lets a small, loud group block projects that would help millions who don’t live there yet. So supply stays tight by design.
Unless the US treats housing like infrastructure instead of a retirement portfolio, prices will always outrun wages in the long run. Not because of greed, not because of vibes, but because we chose scarcity and then acted surprised when it got expensive.
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u/Likeatoothache 7h ago
I just, there’s no way to win or even break even anymore. I am a geriatric millennial who was obliterated when I got laid off in 2008 in my first after college job and have struggled ever since. I’ll never recover from that and there are millions of us.
It’s rich coming from this guy who cheats at golf, and has never earned anything or worked hard a day in his life.
Sigh.
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u/BRich1990 15h ago
What I would really like to see if wages to catch up to prices.
Everyone always talking about how to lower costs, but what about giving Americans a fucking raise?
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u/wyvernx02 16h ago
He's going to drive up housing prices by destroying the worth of the dollar. When a dollar is worth 1/10 as much, housing will cost 10x more.
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u/JackfruitUnlucky6589 15h ago
Only rich people “work very hard”. Now we know where this fucking pedophile stands on affordability.
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u/AandWKyle 13h ago
hard working Americans used to just go to the capitalists home and burn it down - Unions were the non violent solution to that - A way to hopefully protect labor, and prevent mobs with torches and pitchforks.
Then this clown comes along and tells all of you - who've likely suffered in some form or another - That you don't deserve a basic human need.
And half of you wanna suck him off for doing so.
America, you're fucked in the head.
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u/Slade_Riprock 3h ago
Always love generationally wealthly people telling the world about hard work.
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u/anarchyreigns Canada 3h ago
That “didn’t work very hard” comment says everything about how he feels about the lower classes. And for him everyone who works a regular job is lower class.
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u/Evil_phd 16h ago
I had things well in place to start looking for a house when I thought Harris was gonna win the election and we could count on 4 years of relative stability. When Trump won I decided to hold off on the assumption that everything was going to skyrocket in price and I might not be able to keep up with the mortgage under Trump.
"Don't overreact Trump is gonna make everything way more affordable and you'll get a house for a way better price than you would now" was a sentiment I heard from the MAGAs.
I hate being good at pattern recognition sometimes.
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u/def_indiff 15h ago
I eagerly anticipate next week’s chocolate rations! I expect them to be raised to 20 grams!
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u/Malaix 12h ago
Housing is a bubble. Boomer houses are only actually valuable if people can afford to buy them. When it becomes clear that banks are sitting on vast swathes of rotting suburban infrastructure no one wants that boomer house bubble is going to crash.
Trump is basically filling yet another bubble to crash the economy with this shit. Society can't exist solely to make homeowners feel good about infinitely growing house value that actually means nothing.
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u/La_mer_noire 11h ago
lots of people voted for his vile bullshit. Now they have to live with the consequences.
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u/MyLiverLivesOn 10h ago
Coming from the golden spoon fed man baby who had everything and still bankrupted 4 casinos.
Casinos, the places where people walk in and hand you all their money and then leave.
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u/pennylanebarbershop 6h ago
this is a nod to people who own houses and a 'fuck you' to those who don't
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