So, what exactly is going on in the U.S.’s financial arena? When it’s clearly demonstrable that the see-saw application and retractions of tariffs is undermining the strength of the markets, why is this happening?
It’s easy to say, “well, the president is an idiot and doesn’t know what he’s doing.” Yeah, no. I think he knows exactly what he’s doing and when you take a step back and look at the seeds of uncertainly being strewn in the economy, coupled with Musk’s ominous noises about the havoc he would like to wreck in Social Security and the president’s disinformation about 160-year-olds receiving benefits, the picture comes into clearer focus: Trump and his billionaire pals and minions, are working to impoverish the middle class. They are working to knock out not just Social Security—which payroll employees and their employers pay into—but they are working to sink the money that ordinary citizens are saving—with employers also contributing to in many cases—in 401-K and IRA retirement accounts. In a system where defined benefit pensions are a thing of the past, the president and his cohorts want to make sure that even self-directed retirement savings are gutted.
The goal is a regressive, yet true, two-class system: rich and poor. Why? Because they believe that the poor will be malleable and will do whatever they can to survive. Which may be true for an as-yet-undetermined period of time but will sew the seeds of future uprising. History has demonstrated that oppression is not a long-term strategy.
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