About Inflation and Trump

JetSoCal June 9, 2024 in ASL 59 Subscribers Subscribe

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What a year it’s been for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation. Increasing prices are impacting a lot of Americans. Corporate executives are happy to help drive inflation and fatten their profit margins by price gouging Americans. OPEC and oil companies are making ridiculous profits in the billions, raking in more money than most of us can even fathom. High prices (30%-120% price increase) at the grocery store, at the gas pump, and electric bills hits harder for poorer or middle-income households than for wealthy households. The more people who go broke, the more money moves up. This happens because inflation hurts the lower incomes but actually enriches the higher incomes. The result is the wealth continues to concentrate in the hands of fewer and fewer people. Republicans implemented the huge 2017 tax breaks for rich businesses and their billionaire buddies. Republicans racked up the national debt by giving tax breaks to their billionaire buddies, and now they want everyone else to pay for them. Trillion$ tax giveaway to top 1%. 1% Control the World 4% Are Sellout Puppets. 90% are Asleep 5% Know and are trying to wake the 90% up. The 1% doesn’t want the 5% to wake up the 90%. About Trump---- Increased the deficit. Lined the pockets of big corporations. Left our economy in disarray. 174 failed businesses 6 bankruptcies Bankrupted casinos Hush money. Tax fraud. Bank fraud. University fraud. Charity fraud. Failed to get you better healthcare coverage. Failed to lower the price of prescriptions. Failed to end the opioid crisis. Failed to make Mexico pay for the wall. Failed to drain the swamp. Failed to properly handle the Covid crisis. Fake elector plot. Absolutely failed to put America First. 307 days of his term playing golf. It cost taxpayers $141 million. Attempted Ukraine collusion and extortion. Attempted Georgia vote fraud. Obstruction of justice. Witness tampering. Incitement of violence at U.S. Capitol. Document theft with intent to sell. Emoluments fraud. Saudi corruption. 40,000+ documented lies. Left office with nearly three million fewer jobs. Shipped jobs overseas. Tore immigrant families apart. Did not get your roads fixed. Did not build your bridges. Paid a fine for hiring illegal immigrant workers. Left our global reputation mocked. Convicted felon The only thing he's actually good at is grifting money from intellectually challenged people. A poll of 145 Historians ranked Trump as the worst POTUS in American history. Yes, Trump is rank.