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/Minute-System3441 18h ago

Oh, they have a track-record way longer than that. Republican administrations, while boasting about their economic expertise and business acumen, have been responsible for the following ‘wins' across 3 ‘centuries' now:

  • Civil War Recession 1861–1865
  • Post-Civil War Recession: 1869–1870
  • Long Depression: 1873–1879
  • Depression of 1882–1885
  • Panic of 1907
  • Post-World War I Recession: 1920–1921
  • Great Depression: 1929–1933
  • Recession of 1953
  • Recession of 1957–1958
  • Recession of 1969–1970
  • Recession of 1973–1975
  • Early 1980s Recessions
  • Recession of 1990–1991
  • 2001 Recession
  • Great Recession: 2007-2009
  • COVID-19 Recession
  • And the soon to be 2025 - Greater Recession or even New Depression

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u/Poe_42 18h ago

If only the Republicans lost the civil war all of this could have been avoided....

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u/Minute-System3441 18h ago

Today’s GOP wouldn’t recognize Lincoln - and he’d vomit at what they’ve become. Modern ‘Republicanism’ is just oligarchy in a flag pin, a 180° from its origins.

The ‘party of Lincoln’ is now the party of Lochner, a time when even their Supreme Court judges tried to chain workers to corporate fiefdoms and to this day still want to doom workers and the pours to eternal serfdom.

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u/ScF0400 14h ago

Well if they did slavery would still exist which would be worse... Although with the way things are going, it's not about race but class now. Slavery coming back for low to middle income. Or rather cannon fodder and rabble.

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u/ReallyNowFellas 14h ago

it's not about race but class now

Six of one/half dozen of another for a race that's had downward class pressure put on them for their entire existence in this country.

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u/Poe_42 13h ago

Kinda my point to who I was replying to

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u/ReallyNowFellas 14h ago

Wait dude I'm mostly with you but you're seriously taking shots at Abe Lincoln?

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u/WhoAreWeEven 11h ago

**2025 Great Recession, Some Say the Greatest Recession, My Uncle Went to Harvard and He Knows Recessions He Said this Is Greatest Recession Hes Ever Seen™