• SnarkoPolo@lemm.ee
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    2 days ago

    Of course, this is going to affect the working class first and worst. But stay with me here.

    My wife and I are what you’d call upper middle class. Thanks to our college education, union jobs in public agencies, and mostly being smart with money, our assets are not meager.

    Are you like me? Don’t think you’re exempt. They’re coming for our assets too. They want all of us living paycheck to paycheck, begging our employers to not fire us.

    What I’m saying is, the class struggle is everyone’s struggle. If you’re not a billionaire, you’re at risk. Act like it.

    • Dozzi92@lemmy.world
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      2 days ago

      The #1 issue for all of us is Us versus Them. That’s it. There’s 1000 of them and 350 million of us.

      • TwinTitans@lemmy.world
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        2 days ago

        It is, but the narrative they want it “us vs immigrants”. Think of how long they’ve been rage baiting people with this, it’s nuts.

        Keep focus, it’s the 1%.

    • CatDogL0ver@lemmy.world
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      2 days ago

      Exactly. I don’t think I am poor but in there eyes, I am dirt poor. Anyone can’t afford a seat at their table are at peril.

  • Gammelfisch@lemmy.world
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    2 days ago

    The French public would have a called a general strike at minimum while the AmeriKans take it in the ass.

    • burgerpocalyse@lemmy.world
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      2 days ago

      did you know that protesting is not legal in many places in the US and also the police like to just murder people randomly

    • ArtemisimetrA@lemm.ee
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      1 day ago

      Because these two countries are otherwise identical in every way. Good thing you have an easy solution that still works in spite of the existence of assault rifles and wire taps

      • DicJacobus@lemmy.world
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        1 day ago

        Not exactly.

        The American political system turned into a gaggle of Mafias some time ago, France isn’t quite there yet.

  • RememberTheApollo_@lemmy.world
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    2 days ago

    For republicans, “wealth transfer” is a dirty phrase if used in any shape or form that leans towards fairness, a level playing field, and equality. However, handing money to the already wealthy and fuck everyone else is perfectly acceptable wealth transfer.

    • IphtashuFitz@lemmy.world
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      1 day ago

      Well they have all been promised since the Reagan era that it would all trickle back down. I’m sure it will start doing that any day now.

    • takeda@lemm.ee
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      3 days ago

      The Largest Upward Transfer of Wealth in American History

      House Republicans voted to advance a bill that would offer lavish tax cuts for the rich while slashing benefits for the poor. By Jonathan Chait House Speaker Mike Johnson Kevin Dietsch / Getty May 22, 2025, 9:21 AM ET

      House Republicans worked through the night to advance a massive piece of legislation that might, if enacted, carry out the largest upward transfer of wealth in American history.

      That is not a side effect of the legislation, but its central purpose. The “big, beautiful bill” would pair huge cuts to food assistance and health insurance for low-income Americans with even larger tax cuts for affluent ones.

      Hakeem Jeffries, the House minority leader, warned that the bill’s passage, by a 215–214 margin, would mark the moment the Republicans ensured the loss of their majority in the midterm elections. That may be so. But the Republicans have not pursued this bill for political reasons. They are employing a majority that they suspect is temporary to enact deep changes to the social compact.

      The minority party always complains that the majority is “jamming through” major legislation, however deliberate the process may be. (During the year-long debate over the Affordable Care Act, Republicans farcically bemoaned the “rushed” process that consumed months of public hearings.) In this case, however, the indictment is undeniable. The House cemented the bill’s majority support with a series of last-minute changes whose effects have not been digested. The Congressional Budget Office has not even had time to calculate how many millions of Americans would lose health insurance, nor by how many trillions of dollars the deficit would increase.

      The heedlessness of the process is an indication of its underlying fanaticism. The members of the Republican majority are behaving not like traditional conservatives but like revolutionaries who, having seized power, believe they must smash up the old order as quickly as possible before the country recognizes what is happening.

      House Republicans are fully aware of the political and economic risks of this endeavor. Cutting taxes for the affluent is unpopular, and cutting Medicaid is even more so. That is why, instead of proudly proclaiming what the bill will accomplish, they are pretending it will do neither. House Republicans spent months warning of the political dangers of cutting Medicaid, a program that many of their own constituents rely on. The party’s response is to fall back on wordplay, pretending that their scheme of imposing complex work requirements, which are designed to cull eligible recipients who cannot navigate the paperwork burden, will not throw people off the program—when that is precisely the effect they are counting on to produce the necessary savings.

      The less predictable dangers of their plan are macroeconomic. The bill spikes the deficit, largely because it devotes more money to lining the pockets of lawyers and CEOs than it saves by immiserating fast-food employees and ride-share drivers. Massive deficit spending is not always bad, and in some circumstances (emergencies, or recessions) it can be smart and responsible. In the middle of an economic expansion, with a large structural deficit already built into the budget, it is deeply irresponsible.

      In recent years, deficit spending has been a political free ride. With interest rates high and rising, the situation has changed. Higher deficits oblige Washington to borrow more money, which can force it to pay investors higher interest rates to take on its debt, which in turn increases the deficit even more, as interest payments (now approaching $1 trillion a year) swell. The market could absorb a new equilibrium with a higher deficit, but that resolution is hardly assured. The compounding effect of higher debt leading to higher interest rates leading to higher debt can spin out of control.

      House Republicans have made clear they are aware of both the political and the economic dangers of their plan, because in the recent past, they have repeatedly warned about both. Their willingness to take them on is a measure of their profound commitment.

      And while the content of their beliefs can be questioned, the seriousness of their purpose cannot. Congressional Republicans are willing to endanger their hold on power to enact policy changes they believe in. And what they believe—what has been the party’s core moral foundation for decades—is that the government takes too much from the rich, and gives too much to the poor.

      • jayambi@lemmy.world
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        3 days ago

        By reading this, i had two thoughts:

        1. Someday soon, America will burn.

        2. The rest of the world should make a Blacklist of all those criminals who are robbing the working class so they cannot go anywhere exept from burning in the hell they created.

        • ThunderWhiskers@lemmy.world
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          2 days ago
          1. Someday soon, America will burn.

          I think about this almost daily. I have young kids and I’m terrified of the world they are growing into.

      • Skeezix@lemmy.world
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        3 days ago

        The spiraling deficit will just be something they ultimately blame the democrats for. The rubes will lap it up and vote them in again.

    • Gordon Calhoun@lemmy.world
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      3 days ago

      The floodwaters can only be dammed so long before breaking free. Whether that happens via controlled release of pressure or a disastrous blow out is up to the people with the regulatory power. Their failure to address the tide can only end in their painful ruin. For their sake, they better have fast legs if they don’t grow some hearts.

      • Sunflier@lemmy.world
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        3 days ago

        It’s less that the regulators are failing to do their jobs and more that regulators are being given toddlers’ first toolset to do the job that requires some high end tools.

        • Gordon Calhoun@lemmy.world
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          3 days ago

          Sorry, my intent was to apply the label of “regulator” to the publicly elected officials and ghouls controlling the course of this legislation (i.e. regulating society). I are engineer, so sometimes I mix my lingo and analogies.

  • conditional_soup@lemm.ee
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    3 days ago

    I really want this to be it. I want a big enough mass of freak conservative boomers to die off of old age and for the republicans to finally push everyone else hard enough that this country finally fucking snaps and swings left so hard that Reagan’s grave belches black smoke for a month. I hope we swing left so hard that all the Fox News assholes run bawling off to Russia, all the neoliberal dickheads move to their neoliberal paradise of [some offshore oil rig], and we end up fixing all kinds of shit that’s been broken for basically my entire life.

    I know it won’t; we’ll just get a bunch of working class republicans standing around the wreckage and mumbling “can you imagine how much worse it would have been under Biden?” to each other.

    • leadore@lemmy.world
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      3 days ago

      I want a big enough mass of freak conservative boomers to die off of old age and for the republicans to finally push everyone else hard enough that this country finally fucking snaps and swings left so hard that Reagan’s grave belches black smoke for a month.

      Look at Mike Johnson’s face–he’s not dying for a long long time. Get over the idea that evil people are all old and you just need to wait for them to die, it’s not going to happen. New evil ones are born every day, they exist in every generation, they’ve been with us forever and will be with us forever.

    • captainWhatsHisName@lemm.ee
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      2 days ago

      Apparently young people aren’t going to save us. Young men are farther right than the previous generation. Boomers aren’t listening to Joe Rogan.

      • conditional_soup@lemm.ee
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        Idk, it’s easy to get depressed about it, but I think that there’s another interpretation. It shows that Gen Z recognizes how fucked everything is, and recognize the urgent need for drastic change, which is what Donald promises, even if he’s a colossal piece of shit and the changes he promises are pure grift. Yeah, they’ve been taken in by the right, but only because the right has seized on the populist moment while the institutional left is still fretting about decorum, rank, seniority, process, and literally anything else before results. If the left gets out there and starts swinging for the fences, I think we can turn things around. So, of course, the democrats are preparing to rise to the occasion by offering Gavin Newsom and his plan to build the biggest bulldozers on earth for bulldozing the homeless.

        I think this is part of why Bernie was yelling at people to run for office. We need more options, more people who are willing to turn their back on the establishment, on the left.

  • Kyrgizion@lemmy.world
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    3 days ago

    The largest upward transfer of wealth in history… so far.

    Not counting the ones during Covid or 2008.

    • Zenith@lemm.ee
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      3 days ago

      That was when he was doing the PPP loans and required them to be untraceable, at the time it was the biggest transfer of wealth, this apparently does even more and goes even further

      • GlendatheGayWitch@lemmy.world
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        2 days ago

        Yeah, it just keeps repeating itself and gets bigger each time. I meant my comment more to read that this is a repeating theme in the us.

  • Sunflier@lemmy.world
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    3 days ago

    This is the kind of thing that could lead to the chop chops. But, don’t worry guys. I’m sure it’ll trickle down any day now.

    • Ænima@lemm.ee
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      3 days ago

      Too bad the republican propaganda machine will blame Biden or brown people or something else, that this is going to remove freeloaders and make the gutted programs save them money. Even if they personally lose their healthcare, somehow it’ll be the democrats that made it that bad. Somehow…