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Analysis Warns Student Debt Crisis 'Would Likely Worsen' If Trump Elected
(www.commondreams.org)
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this post was submitted on 16 May 2024
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X would likely worsen if trump were elected.
Substitute literally anything for X and it will be true.
I dunno.
I suspect mega corp profit margins would improve, maybe,
In the short term, sure - but this stock buyback corporate culture is actually destroying the long term viability of companies. The core issue is that corporations aren't actually people who have a say in what happens to them - instead the executives that steer these companies only care about how much money they personally earn.
Most of the mega corporations are extremely inefficient and would fail if exposed to legitimate competition (i.e. Google is an extremely low signal to noise ratio search engine but survives by being politically entrenched).
Nope, it's not even the executives, they are straw people for the most part.
Most corporations are owned by investors who can cash out any time and threaten to plunge the stock into oblivion by doing so. They go where short term profits are highest, squeeze out every bit they can get and prodeed to the next investment afterwards, demanding enshittification there.
The short term is the only thing these companies care about anyway. If it wasn't they'd probably support many socially positive changes.
From societies perspective "profit margins improving" means "profit margins worsening" so it still holds true.
If it only improves for a select few, while negatively impacting many others, then its not actually improving at all.
If he crashes the economy, megacorp profits go down.
Well, sorta. They’ll just raise rates, get too big to fail…. Get bailed out and use it for stock buy-backs and bonuses.
Still profit,
Even that won't work if the economy crashes because there won't be anything to bail them out with.
Businesses should be against Trump... but then businesses should be in favor of universal healthcare and WFH since it would save them a ton of money...
How could Twitter get worse?
Let's see:
types in plain ol' gonorrhea for X, but the word Super Gonorrhea in bright red keeps appearing
Well, I'll be damned.
Jaysus right, just insert crisis here and it gets worse with trump
Challenge accepted. x = Russia, North Korea, Iran, China, Hungary, white nationalism, Christian nationalism, fossil fuel profits, wealth tax, the Trump family income…
He’d make some people very happy.
He could force the sale and then have Truth Social buy it up.