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They are: - significantly raising taxes on imported goods - letting ACA subsidies expire - reducing access to medicaid - allowing medical debt on credit report
by yakz 1y ago
They are:
- significantly raising taxes on imported goods
- letting ACA subsidies expire
- reducing access to medicaid
- allowing medical debt on credit reports
- resuming collections/garnishment for student loans
- reducing options for student loan repayment / forgiveness
they're going after the poor
- pstuart 1y ago> they're going after the poor That's just a bonus feature The tariffs serve 2 purposes: 1. They can replace income taxes and protect the wealthy (per their reasoning) 2. They are a tool for power over other countries and a mechanism to compel them to pay personal tribute to The King of America™ I would love to be proven wrong because I'm hating this timeline.
- pksebben 1y agoI think it might even be more boring and straightforward than that. Get power => cause market instability, make trades and bets on volatility (or have your friends do it) => offshore your gains
- libraryatnight 1y agoThe instability also damages trust in the US which loss of trust has its own economic and geopolitical fallout, so big wins for the Putins of the world.
- autoexec 1y agoYou forgot the third purpose which is market manipulation so that they can make huge profits in the stock market for themselves and their friends whenever they feel like it.