r/politics The Netherlands 1d ago

Soft Paywall Obama Breaks Silence on Trump’s ‘Unimaginable’ Presidency - “Imagine if I had done any of this,” the former two-term president said.

https://www.thedailybeast.com/obama-breaks-silence-on-trumps-unimaginable-presidency/
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u/BigBoyYuyuh 1d ago

You know…typically the only time rich people get punished is when they lose other rich people’s money. He’s losing everyone money. Lew Squeegee

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u/DimbyTime 1d ago

Rich people will still come out even better after all of this. Tanking the economy will allow them to buy up more and more land, homes, and other assets that working class folks Will no longer be able to afford

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u/meowfknmeow 1d ago

This, the 1% will have a short term loss, but a long term gain as a result of this. The general population on the other hand… not so much

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u/beardeddragon0113 1d ago

Just like during Covid where the average person lost in real wages and net worth, but every billionaire increased their wealth by more than what 10,000 people make in a lifetime.