Tag: Screwing the Rich

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The Wall Street Journal Would Like You to Know That I Nailed it: Trump’s Screwing the Poor, He’s Screwing the Middle, and, For Good Measure, He’s Screwing the Rich, Too

Robin Hood, he ain’t.

Wall Street Journal, Consumer Angst Is Striking All Income Levels: Signs of weakness are showing up in spending on everything from basics to luxuries

The Journal identifies the “key points” as follows, after which it expatiates.

Key Points

  • Consumer spending is declining across all income levels due to concerns about tariffs, inflation and a potential recession.
  • Retailers are reporting weak demand since the start of the year as consumers become more cautious about their spending.
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“In the first Trump term, it took a disease to destroy the economy. This time, he’s the disease.”

As of around 11:00 AM World Time this morning:

The Business Roundtable has about 200 members—all chief executive officers of the largest corporations in America. Trump will be meeting with them later today. 

Some politicians want to distribute income upward—in other words, screwing the poor to make the rich richer.

Some politicians want to be Robin Hood—robbing the rich to help the poor.

Trump wants to screw the poor, screw the middle, and screw the rich, all at the same time.