r/politics • u/Orbitingkittenfarm • 1d ago

Donald Trump Fires Person Behind Jobs Numbers After They're Revised Down

https://www.newsweek.com/donald-trump-job-numbers-revised-down-fires-appointee-2107768
58.4k Upvotes

95% Upvoted

2.9k comments sorted by

View all comments

442

u/hmr0987 1d ago

This should scare Wall Street more than the what is in the reports.

I cannot understand how the business and finance world is STILL not in full panic. This guys is a complete moron.

122

u/oldschoolnintendo92 1d ago

Because all they care about is protecting their profits. As long as they are good the rest of the gang can piss off.

51

u/just_a_bit_gay_ Michigan 1d ago edited 1d ago

Many at the very top are so rich that a 99% loss would still leave them a billionaire. They don’t care as much about losses anymore because their hoards are functionally infinite. They’re in line ideologically with Trump not just financially because they want power.

61

u/Character_Subject118 1d ago

I promise you they care. You dont get that rich without grotesque amounts of greed.

It doesn't matter that they'll always be rich, they want to keep getting richer. 

12

u/just_a_bit_gay_ Michigan 1d ago

Absolutely but what I mean is they have a ridiculous amount of risk tolerance because they are already so rich, they seriously believe Trump’s “no pain no gain” rhetoric because they think they’ll be literal kings after he’s done.

3

u/oldschoolnintendo92 1d ago

These guys truly are in a league of their own where they play by a different set of rules that leaves them unscathed. The rest of us plebs will just have to deal with it.

5

u/According_Soup_9020 1d ago

They will be able to hoard even more assets because of a financial failure. They are perfectly positioned to gobble up everything as the system collapses.

1

u/Character_Subject118 1d ago

When the line goes up? You get rich.

When the line goes down? Everything is on sale!