this post was submitted on 06 Nov 2024
251 points (100.0% liked)

politics

19089 readers
5584 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
 

Summary

Financial markets reacted quickly to Donald Trump’s return to the presidency, with higher share prices, a stronger dollar, and expectations of slower interest rate cuts.

Trump has outlined plans to cut taxes, impose high tariffs, restrict migration, and reduce regulations. Economists warn that his economic policies could hinder growth and drive up consumer prices, while benefiting corporate profits.

Trump’s tariffs, especially a 60% levy on Chinese imports, are expected to strain the eurozone.

Inflationary pressures from his policies may also challenge the Federal Reserve’s efforts to lower interest rates.

top 25 comments
sorted by: hot top controversial new old
[–] NegativeLookBehind@lemmy.world 143 points 6 days ago (3 children)

America: “Inflation under Biden is awful”

Trump: “Elect me and I’ll make it worse”

America: “Yup, that’s our guy”

[–] spankmonkey@lemmy.world 81 points 6 days ago (2 children)

Two years after Trump makes it worse: "Why did the Dems tank the economy?"

[–] joekar1990@lemmy.world 39 points 6 days ago (1 children)

"How could Joe Biden do this to us!" Person exclaims after GOP controls the house, Senate and executive branch.

[–] Retreaux@lemmy.world 21 points 6 days ago

Don't forget the judicial branch!

[–] HawlSera@lemm.ee 6 points 5 days ago

Not even a joke, remember Covid-19 and how people pointed to the empty grocery stores and said "This thing literally happening under Trump is a preview of what Biden will do!"

[–] Makeitstop@lemmy.world 22 points 6 days ago (1 children)

Trump and the Republicans are about to make things worse for the vast majority of Americans. How much they actually accomplish will probably be at least somewhat limited by infighting and incompetence, But if they fulfill even a fraction of what the campaign promised (to say nothing of the project 2025 roadmap) there will be a lot more things for the people to be upset about.

[–] NegativeLookBehind@lemmy.world 12 points 6 days ago (3 children)

If they also win the House, how will they blame the democrats for their problems when they have total control?

Sort of a rhetorical question.

[–] lolcatnip@reddthat.com 15 points 6 days ago (2 children)

Simple. They say everything is the Democrat's fault, and their idiot followers believe it, no questions asked. It's been working in Texas for decades.

[–] TexasDrunk@lemmy.world 2 points 6 days ago

Abbott said he wouldn't stand for any Democrat policies around here.

I guess I should further emphasize the rhetorical part.

[–] billiam0202@lemmy.world 8 points 6 days ago

Find any state where Conservatives have been in charge for two decades or more and you'll have your answer.

[–] CharlesDarwin@lemmy.world 4 points 5 days ago

They'll say the immigrants, Teh Gheyz, the tranz, the uppity wimmenz, the POC, the woke, antifa did it...

[–] cheese_greater@lemmy.world 5 points 6 days ago* (last edited 6 days ago)

CHANGE 🧟‍♂️!!!

[–] HonorableScythe@lemm.ee 60 points 6 days ago (3 children)

I'm scared for the economic future. My job is with a company that needs supplies from China to make our products. Our buyers also source most of their raw materials overseas. Trump's tariffs will destroy us. We won't be able to source materials and neither will our buyers. I may lose my job.

Beyond that, I have family members only a couple of years from retirement. This is going to tank their accounts. I need a new car. How will I be able to afford one? Everything is going to go up in cost.

[–] Soulg@sh.itjust.works 36 points 6 days ago

I'm scared for the economic future because I'm already poor. Making me turbo poor isn't going to help lol

[–] Thebeardedsinglemalt@lemmy.world 26 points 6 days ago* (last edited 6 days ago)

I work at a not for profit hospital. We're about to get gutted with cuts to medicare, Medicaid, social security and every other tiny line

[–] catloaf@lemm.ee 9 points 6 days ago

There are no good answers for your questions. It's going to be painful.

[–] PortoPeople@lemm.ee 29 points 6 days ago

Nobody ever lost money betting against the intelligence of the American people.

[–] BrianTheeBiscuiteer@lemmy.world 25 points 6 days ago

Lucky for Trump he can just fire anyone that doesn't make the numbers look good.

[–] ajoebyanyothername@lemmy.world 21 points 6 days ago (1 children)

You mean all those profits aren't going to trickle down?

[–] Nightwingdragon@lemmy.world 8 points 6 days ago

Oh, something is going to trickle down alright......

[–] Wilzax@lemmy.world 15 points 6 days ago (1 children)

The decising factor in most elections is how expensive things feel. Now, the president can't do a whole lot to make things cost less. But they have a hell of a lot of power to make things cost more. So the BEST we can hope for is a president who slows down how fast things are getting more expensive. But when we're spending, we don't feel the current inflation rate, we feel the cumulative effect of inflation for the past few years.

[–] skulblaka@sh.itjust.works 7 points 6 days ago

Well they sure fucked that one

[–] CharlesDarwin@lemmy.world 6 points 5 days ago (1 children)

Yeah, but if he ends up hurting the right people more, his base will fellate him for it.

[–] Shanedino@lemmy.world 2 points 5 days ago

Will they though?