Trump does all the same things that Biden does, so the ruling class have no reason to do anything to influence the election. And trump did give them a massive tax-cut back in 2017-2018, while biden increased the corporate tax rate. Furthermore, the ruling class is in no way agreeing on basically anything regarding policy other than "empire good and taxes bad".
Biden’s proposed corporate tax is supposed to take in $222 billion over 10 years, and his billionaire tax $440 billion over 10 years, so let’s make that $66 billion per year.
Biden’s Fed rate hike has pumped out $1 TRILLION dollars to the rich people in 2023 alone.
You can tax corporations and billionaires all you want, but the rich people all know who benefit them the most. The numbers don’t lie.
I disagree. Trump cut corporate taxes to 21% from 35%. Dems couldn’t do that. Also there are plenty of environmental regulations to eviscerate, psycho right wing chudges to appoint, etc. Biden holds the line but trump moves it right.
Trump’s tax cut is a joke compared to Biden’s Fed rate hike that has pumped out $1 TRILLION dollars to the rich people in 2023 alone.
Biden’s proposed billionaire tax is supposed to rake in $440 billion over 10 years, and the corporate tax $222 billion over 10 years, that’s $66 billion per year, while $1 trillion is given back to the rich. How is it even comparable between the two?
Biden made S&P500 gone up 50% higher than Trump’s highest point in just 2 years. If you owned stocks and bonds like most rich people do, you’ve just been made much much more wealthier than during Trump’s era.
We’re not even talking about all the wars that have massively benefited the military industrial complex, the oil and gas industries, and the financial sector.
What’s more, Biden made white people richer and black people poorer:
It's assuming white racist conservatives actually care about the stats. Democrats have routinely proven they're more effective than the Republicans with their neoliberal agenda since the New Democrats took over. You could even argue since Jimmy Carter. Still hasn't stopped Republicans that were considered extreme for the time from winning.
I agree completely. People who aren't inside the US experiencing our politics first hand (and talking to people who live here too) just can't comprehend how disconnected our politics is from reality. You gotta be here at least a little bit to wallow in the mud that is American political discourse to really get how stupid and culture-war-based it all is, for both the Dems and GOP.
Yeah I was pretty sure that the whole 100 day agenda or whatever it's called that the ghouls behind Trump are preparing is to demolish the regulatory state.
Yeah I also want to know this. Every 10 years capitalism engineers the exact same deregularion-credit-inflation crisis and there's no signs it will ever stop.
It is true that capital was probably less pleased with Trump. Stock prices were more volatile and his wild rhetoric caused some countries to go protectionist. But also you can't underestimate the bouegeoisie's capacity to believe everything will be fine. They think they'll handle things no matter which idiot is in the white house.
2016 polls had Hillary winning the popular vote by 3% (she won by 2%) and gave Trump had a 25% chance of winning the electoral college, they weren't far off. A 6% lead is huge and Republican states have a natural advantage over the electoral college