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> the majority of households will not be able to survive for long if they have to spend an extra few thousand to stay where they are today. The median American

> the majority of households will not be able to survive for long if they have to spend an extra few thousand to stay where they are today. The median American household has an income of around $78,000 [0]. They can survive the blowback. The Trump admin on the other hand will not. As a Sullivan, Raimondo, and IRA supporting Dem, it's a win-win for me. Harsher policies against China have been enacted which will not be rolled back (just like how the Biden admin let Trump 1 era tariffs remain) and it will cause a severe blow as midterm fundraising season has started. The NY by-election for Stefanik's seat itself proved that the tariffs and DOGE have made plenty of purple to light red seats vulnerabile. I wrote some thoughts about this recently [1] [0] - https://www.census.gov/quickfacts/fact/table/US/SEX255223 https://www.census.gov/quickfacts/fact/table/US/SEX255223 [1] - https://news.ycombinator.com/item?id=43574128 https://news.ycombinator.com/item?id=43574128

amarcheschi 2y ago
The whole trump thing went from prospects of economic boom to "the median household is enough wealthy to tolerate the price increase" really, really quick
- gadflyinyoureye 2y ago
  It was both. Musk said there would be pain for the short term. Trump promised the long game.
  - dr-smooth 2y ago
    I like how you talk about them like there is any "game" involved. Neither individual knows what the hell he's doing. Just greedy self-serving bulls in a china shop.
sgc 2y ago
You do understand that means half of all American households make less than 78k? If your reasoning is based on the upper half of wealthiest Americans, it ignores virtually all the most vulnerable. Income distribution: https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/ https://www.statista.com/statistics/203183/percentage-distri...
- _DeadFred_ 2y ago
  They call it blowback because 'increased homelessness, suicides, kids not getting new shoes as they grow, people having teeth pulled instead of dental work' and 'you will have nothing and be happy' make their policy look bad. Then later they will make fun of the people that have missing teeth because they chose food for their kids over dental work and call those people trash.
tzs 2y ago
> The median American household has an income of around $78,000 What are the expenses of the median American household?

amarcheschi 2y ago

The whole trump thing went from prospects of economic boom to "the median household is enough wealthy to tolerate the price increase" really, really quick

gadflyinyoureye 2y ago
It was both. Musk said there would be pain for the short term. Trump promised the long game.
- dr-smooth 2y ago
  I like how you talk about them like there is any "game" involved. Neither individual knows what the hell he's doing. Just greedy self-serving bulls in a china shop.

sgc 2y ago

You do understand that means half of all American households make less than 78k? If your reasoning is based on the upper half of wealthiest Americans, it ignores virtually all the most vulnerable. Income distribution: https://www.statista.com/statistics/203183/percentage-distribution-of-household-income-in-the-us/ https://www.statista.com/statistics/203183/percentage-distri...

_DeadFred_ 2y ago
They call it blowback because 'increased homelessness, suicides, kids not getting new shoes as they grow, people having teeth pulled instead of dental work' and 'you will have nothing and be happy' make their policy look bad. Then later they will make fun of the people that have missing teeth because they chose food for their kids over dental work and call those people trash.

tzs 2y ago

> The median American household has an income of around $78,000 What are the expenses of the median American household?