Redditsux

joined 1 year ago
[–] Redditsux@lemmy.world 10 points 3 hours ago (1 children)

This is extremely cynical of them.

 

One GOP proposal takes aim squarely at parents raising children on their own by eliminating the “head of household” filing status to reap some $200B more in taxes over a decade from single parents and other adults caring for dependents on their own.

[–] Redditsux@lemmy.world 8 points 8 hours ago

Well this is one of the big answers. Tariffs are a hidden or indirect tax. Stupid democrats didn't understand jack shit so didn't use it as a campaign issue. He's raising tax on everybody to pay for his tax cuts. He's said before he likes the revenue from tariffs in the old days. When you take this approach in conjunction with his thinking on the immigration issue - that by reducing pool of cheap labor, American businesses will pay more and increase wages for low level jobs, you can see where he's going with this. Prices certainly will be higher. I don't know about the wages.

[–] Redditsux@lemmy.world 170 points 1 day ago (11 children)

These are fascist purges. The way a military dictatorship would take over. This kind of thing is what you see in undeveloped poor countries, banana republics.

[–] Redditsux@lemmy.world 65 points 1 day ago (7 children)

This has to be illegal in soooo many ways.

[–] Redditsux@lemmy.world 29 points 1 day ago

This is extremely sad. RIP.

 

A medical transport jet transporting a child who had just completed treatment for a life-threatening condition, her mother and four others crashed into a Philadelphia neighborhood shortly after takeoff Friday evening, exploding in a fireball that engulfed several homes.

Jet Rescue Air Ambulance, which operated the Learjet 55, said in a statement: “We cannot confirm any survivors.” There was no immediate word whether anyone on the ground was killed, but at least six people were treated for injuries at a hospital.

[–] Redditsux@lemmy.world 6 points 1 day ago

This is so said :" A medical transport jet transporting a child who had just completed treatment for a life-threatening condition, her mother and four others crashed into a Philadelphia neighborhood shortly after takeoff Friday evening, exploding in a fireball that engulfed several homes." https://apnews.com/article/philadelphia-plane-crash-medical-transport-8617dab53471190832dd73db149489fa

[–] Redditsux@lemmy.world 49 points 2 days ago* (last edited 2 days ago) (7 children)

I am actually in favor of the world finding a competing reserve currency (just NOT Chinese or Russian ruble!). The US$ being the reserve currency means the rest of the world has been SUBSIDIZING the US, by bringing in trillions of dollars to US banks and federal reserve LOWERING US interest rates which also has helped fuel all the bubbles we've seen. Having another reserve currency in turn cause interest rates to return to their natural levels bringing down ASSET values (i.e. housing) to more affordable levels.

[–] Redditsux@lemmy.world 9 points 2 days ago (3 children)

This is his buddies Putin and Xi!

 

cross-posted from: https://lemmy.world/post/24960701

In a fiery Truth Social post on Thursday night, the president declared that any country backing an alternative currency would be hit with 100 percent tariffs and effectively cut off from American markets. Trump made it clear there would be no room for negotiation, dismissing any possibility of an international shift away from the dollar.

 

In a fiery Truth Social post on Thursday night, the president declared that any country backing an alternative currency would be hit with 100 percent tariffs and effectively cut off from American markets. Trump made it clear there would be no room for negotiation, dismissing any possibility of an international shift away from the dollar.

 

President Donald Trump’s abrupt freeze of U.S. foreign aid is sending shockwaves through Eastern Europe, leaving pro-democracy groups, independent media, civil society initiatives and local governments scrambling to make ends meet in a region often defined by rivalries between East and West.

[–] Redditsux@lemmy.world 16 points 5 days ago (1 children)

Now I see what MAGA stands for. Make America (a) Great Asshole.

[–] Redditsux@lemmy.world 1 points 6 days ago* (last edited 6 days ago)

US economy has been running on bubbles for decades, and using bubbles to fuel innovation and growth. It has survived telecom bubble, housing bubble, bubble in the oil sector for multiple times (how do you think fracking came to be?) etc. This is just the start of the AI bubble because its innovations have yet to have a broad-based impact on the economy. Once AI becomes commonplace in aiding in everything we do, that's when valuations will look "normal".

[–] Redditsux@lemmy.world 5 points 6 days ago

Oh US has been doing this kind of thing for decades! This isn't new.

[–] Redditsux@lemmy.world 9 points 1 week ago (4 children)

LMAO. are they seroius?!!!!!!!

view more: next ›