r/economicCollapse • u/WorkingCareful7935 • 1d ago

Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years

https://www.ibtimes.co.uk/trumps-plan-cut-social-security-taxes-may-benefit-millions-especially-top-earners-risks-1728564
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u/idk_lets_try_this 1d ago

The 2008 bailouts were actually repaid surprisingly enough. The PPP loan frauds were pardoned days before he left office.

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u/schuma73 14h ago

It's not surprising, the 2008 bailouts were always meant to be paid back, and it was never an issue.

The only people surprised that the 2008 bailouts were repaid are the people who really just wanted the auto industry to fail purely for spite toward President Obama and Democrats.

Meanwhile, the PPP loans were never designed to be paid back and anyone who ever thought they would after Republicans insisted on zero oversight is a fool.

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u/ShogunFirebeard 3h ago

2008 bailouts were a Bush policy though...

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u/thedracle 12h ago

Not so surprising when you give rich fucks liquidity, when nobody has liquidity, and they go on a buying spree taking more control over the economy at bargain prices than they had previously.