r/technology • u/DontFearTheCreaper • 20h ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/DouglasHundred 19h ago

I mean, it's an economic system they designed to work for their exclusive benefit, so it's hardly a surprise.

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u/ovirt001 19h ago edited 19h ago

There was a period of a few decades where taxes and regulations reined in wealth concentration. Since the 80s that has been carefully rolled back.

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u/newbie527 19h ago

We need another Franklin Delano Roosevelt. We need a newer deal.

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u/beardicusmaximus8 19h ago

Nah we need a new Teddy Roosevelt. Tear up the big businesses and rebuild America on the world stage.

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u/Hovercraft_Sudden 19h ago

We need both Roosevelts at this point. I fear we'll never get another one. Just puppets.

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u/LaTeChX 18h ago

Teddy getting elected was a fluke even then.

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u/Brilliant-Hamster345 17h ago

you think given that they are distant cousins, their descendants can bang each other and make a super roosevelt

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u/DouglasHundred 17h ago

I need to see these cousins before I can get into that idea.

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u/newbie527 17h ago

Teddy started the tear down of the Gilded Age. FDR built the foundations of a New Age for America.

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u/HighnrichHaine 13h ago

Bull Market&noose