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Aaron Okeanos
MSNBC
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Comments by "Aaron Okeanos" (@AaronOkeanos) on "Our own Brexit? Experts warn of 'economic mayhem' thanks to Trump policies" video.
What people forget is these federal workers got reliable decent income which was coming externally from Washington into local communities. Federal workers spend this money in local shops, venues, supermarkets, etc. This is gone now. So even bussinesses who were not related to the government are indirectly affected by the federal cuts. And to make matters worse these workers now look for jobs themselves reducing the already limited numbers of decent jobs.
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It really was the best economy of the Top 7 countries. All others had even higher inflations, less growth, more unemployment. Frankly the world cannot understand how Americans could be so stupid to elect Trump. The real problem is times of high inflation can only be offset by higher wages in the long term so people can pay the higher prices again. But wages always grow much slower than prices. In America since the 70ties.
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Brexiteers in Britain said the same. It never happened.
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Oh half of the Brits were very proud after voting for Brexit and everyone still believed the lies and had hope. Now 9 years later the conservatives had the worst election in their history because the conservatives brought Brexit and told all the lies.
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So was Trump.
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Trump was asked again today by a reporter if he realizes that tariffs are paid by the importer. But he still insisted that tariffs are payed by the exporter. If you have a leader who is making decissions on false assumptions how can you ever expect something good is coming from it? Trump tries to go back to the gilded age between 1890 and 1920 but this doesn't work the world is totally different today. To make matter worse Elon Musk has equally strange opinions how inflations happens. The same rubbish I constantly hear from ignorant people who still think "printing money" and spending is increasing inflation. One of the biggest right-wing lies of the last 80 years invented to discourage people from asking for spending by the government. And they making decissions based on these assumption. Of course everything goes badly wrong.
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@ The UK is a service based economy. Ending EU's Freedom of Movement was the worst possible idea. It was the lube for this income.
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Looking for fraud and corruption is just an excuse for them to radically shrink the administration. I mean the US budget is 6,800 billion and even their own evidentally overexaggered numbers only reach 50 bn not even 0.59%. The mayham comes from the tariffs, from the sideffects of this government shrinking and the massive inefficiencies and chaos caused by this. Plus the suddenly unemployed workforce. Plus the lost money these workers earned and are now not spend locally anymore.
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