paf0@lemmy.world to politics @lemmy.world · 2 months agoA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.comexternal-linkmessage-square37fedilinkarrow-up1442arrow-down19
arrow-up1433arrow-down1external-linkA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.compaf0@lemmy.world to politics @lemmy.world · 2 months agomessage-square37fedilink
minus-squareTransplantedSconie@lemm.eelinkfedilinkarrow-up27arrow-down3·2 months agoIt is because the dipshit’s planning ten percent tariffs on everything coming into the united states. That’s a 10% increase in tax for all of us in the US across the board.
minus-squareBilliam@lemmy.worldlinkfedilinkarrow-up5·2 months agoAnd if you have any savings, that’s 10% less money you’ll have. If you don’t have any savings, guess what happens when the price of everything increases 10%? (This is also why flat taxes are stupid. It’s because they’re regressive.)
minus-squareXatolos@reddthat.comlinkfedilinkarrow-up8arrow-down2·2 months agoHistory shows Democrats are better for the economy than Republicans.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up10arrow-down5·edit-22 months ago“Hey Wall Street, which campaign are you donating the most money towards?” In About-Face, Wall Street’s Big Donors Warm to Trump
minus-squareSGforce@lemmy.calinkfedilinkarrow-up11arrow-down3·edit-22 months agoThat article is from May and only site’s hedge fund billionaires.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down2·edit-22 months ago only site’s hedge fund billionaires I hear they’ve got a bit of money between them. You’re talking about institutions that control roughly 80% of the entire S&P market cap.
Neat if true
It is because the dipshit’s planning ten percent tariffs on everything coming into the united states.
That’s a 10% increase in tax for all of us in the US across the board.
And if you have any savings, that’s 10% less money you’ll have.
If you don’t have any savings, guess what happens when the price of everything increases 10%?
(This is also why flat taxes are stupid. It’s because they’re regressive.)
Well, 9.1% less money, but yes ;)
This guy calculates
History shows Democrats are better for the economy than Republicans.
“Hey Wall Street, which campaign are you donating the most money towards?”
In About-Face, Wall Street’s Big Donors Warm to Trump
That article is from May and only site’s hedge fund billionaires.
I hear they’ve got a bit of money between them. You’re talking about institutions that control roughly 80% of the entire S&P market cap.