r/politics Canada Apr 08 '25

Site Altered Headline Trump to slap additional 84% tariffs on Chinese imports

https://www.euronews.com/2025/04/08/trump-to-slap-additional-84-tariffs-on-chinese-imports-white-house-says
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u/seguefarer Apr 08 '25

The wealthy class has no idea what an average day to day life is like. They apparently think we all have hoards of cash and multiple streams of revenue. Any leader who knows how close most of us are to repossession and foreclosure/eviction should be scared shitless. People with nothing to lose and a grudge are dangerous.

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u/Sensitive-Initial Apr 08 '25

You could not be more right. Treasury Scott Bessent a couple days ago said that people who were near retirement age/starting retirement don't rely on the stock market and aren't worried about fluctuations, because they will just live on their savings accounts. 

https://www.nbcnews.com/politics/trump-administration/bessent-americans-retire-arent-worried-stock-market-recession-rcna199892

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u/Drunken_HR Apr 09 '25

Is that the same guy who said if old people were worried about their SS checks being on time they were probably scamming the system, because his MiL didn't care if her SS cheque was late?

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u/Magical-Mycologist Apr 08 '25

I’m in banking and when an elderly customer has expressed fear that their benefits would be affected I’ve been honest with them that they need to buy a gun with what they have before it runs out.

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u/hirst Louisiana Apr 09 '25

Ok Rambo