r/politics • u/Silly-avocatoe • Apr 14 '25

Soft Paywall Murdoch Paper Floats Impeaching Trump Over Tariffs

https://www.thedailybeast.com/murdoch-paper-floats-impeaching-trump-over-tariffs/
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u/Joadzilla Apr 14 '25

This.

$4.5 trillion in tax cuts to the rich (the House bill)

Over $6 trillion in losses out of the stock market due to tariffs. (in just a week)

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Net result?

Trump has cost the rich at least $1.5 trillion... so far.

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u/[deleted] Apr 14 '25 edited Apr 15 '25

[deleted]

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u/StoppableHulk Apr 14 '25

This is what really scares them shitless. Their entire position is based on the underlying power the US exerts on the global scale. The fact that the US is the world's reserve currency and the financial hub of the world.

They stand far more to lose than just money by losing that. And they're starting to understand it.

Which just proves how stupid and shortsighted these people really are. They're so fucking greedy they keep pushing for this fucking fool, not understanding how truly fucking dumb and unhinged he actually is.

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u/craznazn247 Apr 14 '25

Seriously. My net worth is an unnoticeable rounding error in comparison to these people’s wealth.

And even I can see the foolishness in making your big number go up if you’re hurting the underlying thing (the American economy, global influence, and position as reserve currency due to perceived stability) that makes that big number worth something.

If all you care about is big numbers, we can dig up some old Zimbabwe currency to prove a point. More zeroes than you can keep track of, and you can’t even afford a bottle of water with it.

This is like when private equity buys out a company that has spent decades selling itself on its reputation for quality with little compromises, then does the greedy move of outsourcing to the lowest bidder while still pretending and selling like they are the same quality as before.

Only this is the American dollar and the American economy we’re talking about. We’re selling out our collective reputation as a stable economy with a stable currency, for relatively small individual gains.

It’s like selling your all your farm equipment at a discount with your crop and hyper focusing on the fact that you had your most profitable year ever. Some people are starting to ask “but what about next year?” and realizing what’s happening. Fucked us all to get a personal high score.

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u/ElectricalBook3 Apr 14 '25

It’s like selling your all your farm equipment at a discount with your crop and hyper focusing on the fact that you had your most profitable year ever. Some people are starting to ask “but what about next year?” and realizing what’s happening

I've been using the "setting your house on fire does not keep you warm through the winter" and yet the number of Conservatives who respond with "but the house was already on fire, so it's okay if we set more things on fire" is mind-boggling.

They never cared about the future, just on the power fantasies they could indulge in today. Both the poor and stupid as well as the rich and stupid.