229
submitted 5 months ago by jeffw@lemmy.world to c/news@lemmy.world
all 19 comments
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[-] mipadaitu@lemmy.world 74 points 5 months ago

X would likely worsen if trump were elected.

Substitute literally anything for X and it will be true.

[-] FuglyDuck@lemmy.world 25 points 5 months ago

I dunno.

I suspect mega corp profit margins would improve, maybe,

[-] xmunk@sh.itjust.works 24 points 5 months ago

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).

[-] sic_1@feddit.de 9 points 5 months ago* (last edited 5 months ago)

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.

[-] Aurenkin@sh.itjust.works 2 points 5 months ago

The short term is the only thing these companies care about anyway. If it wasn't they'd probably support many socially positive changes.

[-] unexposedhazard@discuss.tchncs.de 3 points 5 months ago* (last edited 5 months ago)

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.

[-] FlyingSquid@lemmy.world 3 points 5 months ago

If he crashes the economy, megacorp profits go down.

[-] FuglyDuck@lemmy.world 7 points 5 months ago

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,

[-] FlyingSquid@lemmy.world 3 points 5 months ago

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...

[-] HurlingDurling@lemmy.world 6 points 5 months ago

How could Twitter get worse?

[-] TransplantedSconie@lemm.ee 3 points 5 months ago

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.

[-] iamericandre@lemmy.world 2 points 5 months ago

Jaysus right, just insert crisis here and it gets worse with trump

[-] Corkyskog@sh.itjust.works 1 points 5 months ago

He could force the sale and then have Truth Social buy it up.

[-] disguy_ovahea@lemmy.world 1 points 5 months ago* (last edited 5 months ago)

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.

[-] TransplantedSconie@lemm.ee 24 points 5 months ago

Have they figured out yet that Trumps plan is to run the country into the ground, and if anyone says anything, shoot them? It's literally in the Project 2025 ~~nazi~~ GOP handbook.

[-] anon_8675309@lemmy.world 24 points 5 months ago

I don’t think anything will get better when he is elected.

[-] HopeOfTheGunblade@kbin.social 8 points 5 months ago

The smell of maralago may improve marginally.

[-] HurlingDurling@lemmy.world 8 points 5 months ago

Without looking at the article I can make an educated guess he'd allow the increase of interest rates for student loan borrowers, and new loans would be subject to possible balloon interest rates in order to trully maximize profits for the lenders and their investors

this post was submitted on 16 May 2024
229 points (97.5% liked)

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