Americans: We’re Broke. Donald Trump: No, You’re Not.

https://jacobin.com/2026/05/trump-gop-economy-financial-stress

cross-posted from: https://lemmy.world/post/46939141

I've got Trump Phone V2 now ready for deposits.

544 points · 83 comments · view on lemmy.world

83 Comments

WhoIzDisIz@lemmy.today · 83 pts · 124d

Donald Trump and the Republicans are insisting the economy is great and unhappy Americans are deluded. Just like Democrats under Joe Biden, they’re lying to themselves and everyone else — and will eventually pay the price.

Not until the rest of us have paid way more than they EVER will.

RememberTheApollo_@lemmy.world · 74 pts · 124d (2 replies)

We live in a company town now. Every cent that comes in goes right back out. No savings. No retirement. Our paychecks are picked apart by fees, middlemen, subscriptions to things we used to own, corporations forcing us into choose to pay for everything or figuratively live in a cave disconnected from society. CoL and inflation increases that pay never keeps up with, working more hours, harder, with less people, for stagnant pay, and never getting a break or vacation.

Broke doesn’t mean living in a box under a bridge. You can still have the trappings of modern life, but be a complete slave to the grind with no end in sight.

kent_eh@lemmy.ca · 27 pts · 124d (1 reply)

We live in a company town now. Every cent that comes in goes right back out

St Peter don't you call me, 'cause I can't go.

I owe my soul to the company store.

RememberTheApollo_@lemmy.world · 10 pts · 124d

History repeats.

Jhex@lemmy.world · 65 pts · 124d (2 replies)

lucky for the republicans, the American people will just bow in silence and wait for the non existent democracy to save them

Tollana1234567@lemmy.today · 9 pts · 124d

they actually believe it will be stopped in the adminstration, just like his 1st. this time around DEMs have no control over the govt, plus the old guard dems are very complicit to this adminstration.

Cherry@piefed.social · 5 pts · 124d

Amen

MrSelfDestruct@lemmy.zip · 51 pts · 124d (3 replies)

Because he only considers the ruling class real Americans. So yes, economy is doing great for them. It's K shaped.

Triumph@fedia.io · 34 pts · 124d

KK <-- you dropped these

TheMadCodger@piefed.social · 9 pts · 124d

It always makes more sense when you replace economy with rich people's yacht money.

Tollana1234567@lemmy.today · 5 pts · 124d

hes emulated putins inner circles, practically the same mode of govt.

Blackout@fedia.io · 48 pts · 124d (9 replies)

Richest country in the world. Sure don't feel like it when you look at our: infrastructure, schools, healthcare, public transportation, etc

vapordays@leminal.space · 17 pts · 124d (2 replies)

What is the meaning of "the richest country in the world," anyways? Highest digital numbers in bank? The phrase has always been so deceptive

MonkeMischief@lemmy.today · 9 pts · 124d (1 reply)

Aircraft carriers and nukes, of course! Yay. So much "winning" for you and me.

Tollana1234567@lemmy.today · 3 pts · 124d

also lots of BILLIONAIRES, and hundred millionaires, with thier wealthy enclaves.

dellish@lemmy.world · 9 pts · 124d (3 replies)

Which part of the USA's enormous debt makes it the richest country? They're paying $2b per day just on interest repayments and have a national debt of over $30 trillion. At present the debt far exceeds GDP so I would say the USA is broke.

kreskin@lemmy.world · 5 pts · 124d

Richest country in the world turns out to mean that a burger and beer plus tax and tip is 50 bucks. But our education, health care and infrastructure is a global embarrasment. And we are the ones driving the equivalent of ladas now. Russians now drive posh chinese cars, which we dont sell here because itd destroy our domestic market overnight. Its all a big joke.

Fedizen@lemmy.world · 1 pts · 123d

The problem with debt is you need some material thing to offset it. If you take out a loan for a car your debt is offset by the car. There's no good measure of the value of the economy to the avg person.

The GDP is just a measure of "work done" its not a measure of the actual "car" etc we're paying for. The problem is the government and corporate america are slowly firing all the people that create real, valuable products and replacing it with slop, police state bullshit and outright fraud.

So instead of getting houses, groceries and gas etc for this debt we're getting "financial products", "ai", price fixing, corporate collusion, private prisons and other things that kind of inflate corporate value while average people see no real world returns on the spending

WizardofFrobozz@lemmy.ca · -4 pts · 124d

That’s not how it works. No, it isn’t anything like your personal household debt.

Tollana1234567@lemmy.today · 3 pts · 124d

it all goes to defense budget, by extension also israel defense.

Gammelfisch@lemmy.world · 2 pts · 123d

Indeed...+1. Whenever an American tells me that shit, I ask them why hunger still exists in the USA along with the extreme poverty.

Lydon_Feen@lemmy.world · 47 pts · 124d (2 replies)

Americans: We're broke.

Trump: No, I'm not.

vapordays@leminal.space · 24 pts · 124d

This is literally what's going on in his brain

PhoenixDog@lemmy.world · 11 pts · 124d

We said Americans, not Russian plants.

AlecSadler@lemmy.dbzer0.com · 43 pts · 124d (5 replies)

Overheard an argument at a bar the other day and the Trumpie had the dumbest retorts.

"Gas prices are up" -> "But they'd be worse under Biden"

"Grocery prices aren't coming down" -> "Yes they are, they talk about it [on Fox News] all the time"

"ICE is terrorizing communities" -> "Fake news"

It just went on and on and on and I always the former person for keeping their cool but the trumpie is an absolute fucking moron.

Eezyville@sh.itjust.works · 21 pts · 124d (3 replies)

I wished they would live in their own reality and not effect the rest of us. I would call them skitzo but that may be disrespectful to the people actually suffering that condition.

LavaPlanet@sh.itjust.works · 12 pts · 124d (1 reply)

More cult. Cults are literally brainwashing. The TV brain washes you into their cult. If you had no other source, you could imagine how people are sucked in. Leaving cults takes deep deprogramming. I don't wonder if you pretended to be interested and asked them to show you how all they think is true, as if they were winning you over.

Eta: disclaimer, I don't in any way think that excuses their behaviour.

reptar@lemmy.world · 7 pts · 124d

My brother was schizo and despised Trump. Glad he didn't have to see him reelected.

He heard all sorts of shit, but never any thing like this vile dribble

E: somewhat important context - conservative evangelical upbringing for us

bufalo1973@piefed.social · 3 pts · 124d

You can answer back in something like:

"You're a black trans-woman"

"I'm not. I'm a white guy"

"You've deluded yourself"

Asfalttikyntaja@sopuli.xyz · 34 pts · 124d (2 replies)

Americans: “we are broke.”

Trump: “no, I am not.”

CaliforniaSober@lemmy.ca · 9 pts · 124d (1 reply)

This right here. If he personally doesn’t feel it, then you don’t have it.

Widdershins@lemmy.world · 6 pts · 124d

When you put it that way we as Americans collectively shit our pants every day.

ameen272@thelemmy.club · 33 pts · 123d

QueenHawlSera@sh.itjust.works · 28 pts · 124d (2 replies)

Donald Trump's the kinda guy who considers World Hunger over because he just had a Big Mac. It's not that he's ignorant to other people's suffering, he just doesn't give a shit.

Decq@lemmy.world · 10 pts · 124d

Oh he's also very ignorant of it. But that's because he doesn't considers those people to be people. So he doesn't give it a thought

ManOMorphos@lemmy.world · 4 pts · 123d

And sometimes the distress inflicted is absolutely intentional, so he does give a shit sometimes but only in the worst way.

theacharnian@lemmy.ca · 22 pts · 124d (4 replies)

I remember reading somewhere how part of why Yugoslavia collapsed was because the high ups in the communist party knew about a whole lot of problems but they chose to do nothing to not trouble the old man Tito, so things festered.

tacoplease@lemmy.world · 7 pts · 124d (3 replies)

Balkanization of America coming up?

AlternateHuman02@lemmy.world · 4 pts · 124d (2 replies)

I kind of really hope this happens. We could be a federation like Europe and probably get along much better if local regions could do what they want. Though I don't have much hope for quality of life for the southern regions.

tacoplease@lemmy.world · 1 pts · 123d

Don't really care about QOF in anti-human rights states.

LuminousLuddite@lemmy.world · 1 pts · 123d
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teelin134@programming.dev · 21 pts · 124d (6 replies)

It's worse than that. He doesn't care if you're broke or not.

Zink@programming.dev · 6 pts · 124d

I think his internal answer is "it doesn't matter" but the narcissism gives him just enough energy to continue to gaslight, obstruct, and project to keep the attention flowing.

Tollana1234567@lemmy.today · 6 pts · 124d

it will never get reported on fox, or any right wing media, sine the inbreds/voters will never hear of it.

orbitz@lemmy.ca · 4 pts · 124d

It's worse than that, no one (well that he doesn't hang with) are even people to Trump. They're devices to toy with and to his delight and give him power over a soon to be known as an ex great natiion. We can quibble about the great part but no denying they were a respected entity, now they're a laughing stock. Least they paid lip service to being better before.

smeenz@lemmy.nz · 2 pts · 124d

He cares superficially if people in general are broke, because then be can't grift them as easily, but he doesn't give a rat's ass about individuals

ManOMorphos@lemmy.world · 1 pts · 123d (1 reply)

Sometimes I feel like they're fucking up the economy intentionally. I notice that it's always enough to fuck over everyone who isn't rich but never enough to screw up the stock market. Maybe they just want to get rid of the middle class while attempting to make themselves impossible to vote out.

Exatron@lemmy.world · 1 pts · 123d

The billionaires, and a disturbing number of people who aren't wealthy, long for feudalism.

Gates9@sh.itjust.works · 21 pts · 124d (1 reply)

They will be saying this until they all have to move to military bases like Stephen Miller because people are burning their fucking houses down

TransNeko@lemmy.world · 8 pts · 124d

can we skip to the part of the timeline where MAGA gets burned out of this world?

newthrowaway20@lemmy.world · 20 pts · 124d

Trump: you're not broke enough. Not yet.

ViceroTempus@lemmy.world · 16 pts · 124d (2 replies)

We don't have to be... We could just start taking out Billionaires and taking their wealth and assets through physical force. It certainly looks like a more attractive option by the day to me.

amniote@lemmy.world · 4 pts · 124d

The US is a financial sovereign. It has the monopoly over its currency: You don't need the rich ! Govments within a financial sovereign can decide/agree in congress to pay for things they want with the only limit being that the thing/service is available in that currency. It's called MMT, as american as apple pie, and no MMT is not communist.

Why do the rich hate MMT? Because they get paid risk free interest by offering the guvment their money.

BarneyPiccolo@lemmy.cafe · 2 pts · 123d

It certainly looks like a more attractive option by the day to me.

It's starting to look like the INEVITABLE option by the day. I don't see how just having the Dems take control of the government is going to do much if you have MAGA in the background causing all sorts of mayhem, funded by TRILLIONAIRES. We saw it during the Biden administration, and since it actually worked, it will be 1000x worse the next time.

MAGA has to be decisively crushed and purged from our government and our society, and the Sociopathic Oligarchs' fortunes and behavior heavily regulated.

ALilOff@lemmy.world · 10 pts · 124d

Slight correction: We’re “Broken”

SoloCritical@lemmy.world · 9 pts · 124d (5 replies)

“You still have a minute amount of wealth I need to extract! You’re not broke enough yet!”

EndlessNightmare@reddthat.com · 2 pts · 123d (4 replies)

They always talk about "creating" wealth and "making the pie bigger." Well, it's time for them to do that instead of squeezing everyone more.

wickedrando@lemmy.ml · 0 pts · 123d (3 replies)

it’s literally not possible

snugglesthefalse@sh.itjust.works · 2 pts · 123d

It's very possible but nobody who has the power to do it actually wants to. Important distinction.

EndlessNightmare@reddthat.com · 2 pts · 123d (1 reply)

So they openly lied about being able to do it then? Because that's always been the excuse as to why I've heard it OK for there to be mega rich. "They aren't taking anything from you, they are just making the pie bigger."

wickedrando@lemmy.ml · 1 pts · 122d

yes. it’s called inflation. money is a zero-sum game.

thatradomguy@lemmy.world · 8 pts · 124d

Of course he's not broke. He's getting paid from our taxes. Mfer

Tollana1234567@lemmy.today · 7 pts · 124d

he will do anything to not face the music of epstein files, even if america is down in the dumps.

xc2215x@lemmy.world · 6 pts · 124d (2 replies)

Very ignorant of Trump.

IhaveCrabs111@lemmy.world · 3 pts · 124d (1 reply)

Biden said the same. That’s why Trump won the election

Ensign_Crab@lemmy.world · 2 pts · 124d

It's one of the reasons, along with the broken promises and the genocide support.

Itdidnttrickledown@lemmy.world · 5 pts · 123d

We haven't starved to death yet so no we are in no distress at all.

melsaskca@lemmy.ca · 5 pts · 123d (1 reply)

Yet the truth exists on all Gas billboard signs throughout, and across, the country.

TransNeko@lemmy.world · 3 pts · 123d

I actually met one of those "gas prices are lower now with trump than with biden, it's only $3 a gallon" maga morons. best part to show how delusional this idiot was? we were both at a gas station filling up gas that cost $5 a gallon cash ($5.13 if card).

Formfiller@lemmy.world · 5 pts · 123d

We’re not if we take our power and assets back from the pedophile class

Rusticus@lemmy.world · 3 pts · 123d

Trump is absolutely correct as long as his bootlickers keep voting for him.

SirEDCaLot@lemmy.today · 2 pts · 123d

This leaves an obvious opening for the next Democratic challenger. And the Republican candidate too, if they're got the guts to go anti-MAGA.

As the article quite correctly points out, Trump got elected because Dems patted themselves on the back while the man on the street was hurting, and Trump said 'I see you, we'll bring your job back'.

Now the tables have turned. So in 2028 whichever candidate most says 'I see you', they'll win.

BarneyPiccolo@lemmy.cafe · 1 pts · 123d

"Oh, you don't know what broke is. Wait til I'm done with you!"

LuminousLuddite@lemmy.world · 1 pts · 123d (2 replies)
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FatVegan@leminal.space · 1 pts · 123d (1 reply)

"I basically print money, what is the problem again?"

LuminousLuddite@lemmy.world · 1 pts · 123d
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Sam_Bass@lemmy.world · 0 pts · 124d

is he gonna pay off everyones mortgages and credit balance? /doubt

Gammelfisch@lemmy.world · 0 pts · 123d

The Russians and Chinese are laughing their balls off at the USA.

pjwestin@lemmy.world · -1 pts · 124d (3 replies)

So, Biden's 2024 strategy. Looking forward to seeing that play out in the midterms.

Ensign_Crab@lemmy.world · 5 pts · 124d (2 replies)

You're getting downvoted but you're right. The messaging to people who couldn't afford groceries under biden and harris was "line go up so you're fine."

pjwestin@lemmy.world · 3 pts · 123d (1 reply)

LOL, I didn't even notice I got downvoted. I'm surprised, "Biden downplaying inflation cost him/Harris support," ie still controversial with anyone in 2026. Even the establishment Dem cheerleader pundits seem to have accepted that it was a blunder.

Ensign_Crab@lemmy.world · 4 pts · 123d

Even the establishment Dem cheerleader pundits seem to have accepted that it was a blunder.

Yeah, but this is lemmy. Centrists cannot fail, only be failed.

HubertManne@piefed.social · -1 pts · 124d (2 replies)
QueenHawlSera@sh.itjust.works · 1 pts · 123d (1 reply)

Ewww, UK Office

HubertManne@piefed.social · 1 pts · 123d

if you want really eww see the us coupling.