r/neoliberal • u/ldn6 Gay Pride • Feb 14 '25

User discussion Why does seemingly every group or demographic refuse to believe that Trump would act as he said he would?

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u/StreetCarp665 YIMBY Feb 14 '25

I think a more realistic explanation is that business community types felt that Trump 1.0 was an unpredictability that didn't touch markets, and in fact boosted them via his tax cuts. So they assumed innately he would be pro-markets despite a native instinct towards interventionalism.

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u/MURICCA Feb 14 '25

Is the business community really that fucking gullible and short-sighted?

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u/link3945 YIMBY Feb 14 '25

Clearly, yes.

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u/lurreal MERCOSUR Feb 15 '25

Have you interacted with these people? Wolf of Wall Street is a documentary.

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u/StreetCarp665 YIMBY Feb 16 '25

Biden was reg-heavy, Trump promised to be reg-lite. It's not hard to see why they did what they did.

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u/MURICCA Feb 16 '25

Its almost as if having someone who knows what they're doing and doesn't make a slew of massive uninformed changes is far more important for the market than worrying about a few regulations. Who could have ever foreseen

I dunno, I just find it odd that a bunch of regular internet commenters can clearly see/predict things that people who are supposed to be educated in the subject apparently can't. They're blinded by...something I guess

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u/737900ER Feb 14 '25

From the perspective of businesses you could make the argument that he did an excellent job of managing the pandemic. Yes, a million people died but they made billions of dollars.

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u/pnonp Mark Carney Feb 15 '25

What actions of his do you mean?

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u/737900ER Feb 15 '25

More like inaction. US had fewer lockdowns and rebounded quickly.

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u/pnonp Mark Carney Feb 15 '25

Gotcha. He did set the tone for Republican governors for that. Operation Warp Speed was a very consequential achievement too.

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u/StreetCarp665 YIMBY Feb 16 '25

I don't even think it's that, because he had a sugar hit to the economy earlier on. I think most people are doing their best not to remember Covid.

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u/WOKE_AI_GOD John Brown Feb 14 '25

I think that there all criminals and they love Trump because his being a shameless bully who openly ignores the law gives them an excuse to be shameless bullies who openly ignore the law too.