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ProudMNDemocrat

(20,626 posts)
10. When MAGA bank accounts run dry, people will cry loudly...
Fri Aug 1, 2025, 09:20 AM
Aug 2025

Want to wager a 6 pack that a majority of Trump voters DO NOT have at least $150,000 in a high yield savings account, Pensions, Social Security, plus Retirement Investment accounts to offset job losses and inflation?

I am not bragging, but my late husband planned for this starting in 1980. He KNEW that under TACO Don the first time required him to up the several retirement investment accounts and move money around to be safer when the Stock Market plunged during COVID. Our spending habits adjusted greatly to make sure after the 2020 election, we would be okay. When we sold our house in 2023, the Capital gains were immediately invested into 3 separate high Yield CD accounts to create even more liquid cash for later use. Those CD accounts have matured after 18 months and are now into a high yield Savings account and I put in another $10K to get an additional 4% interest a month. That is all in addition to his pensions from IBM, the US Military, a small manufacturing company he worked for for 10 years, as well as Social Security.

I doubt the average MAGA supporter and Trump voter has planned that over 20 to 30 years. How many of them live for today without a thought for tomorrow?

Recommendations

5 members have recommended this reply (displayed in chronological order):

****The MAGA Recession Is Almost Here**** [View all] DemocratSinceBirth Aug 2025 OP
Trump will sign an EO eliminating the BLS (Bureau of Labor Statistics). sop Aug 2025 #1
He can eliminate the BLS DemocratSinceBirth Aug 2025 #2
Then he will eliminate math and accounting newdeal2 Aug 2025 #4
It doesn't matter D_Master81 Aug 2025 #7
No he cannot. Not if he wants the support of the business community. They depend on it for planning. Bernardo de La Paz Aug 2025 #22
The automobile sector will lose billions with the pedofelon's tariffs. Justice matters. Aug 2025 #29
They've lost billions before, accounting for inflation. Look up the quality issues of the 1970s & "planned obsolescence" Bernardo de La Paz Aug 2025 #32
They survived the Bush-created 2008 "great recession" by asking Obama to... Justice matters. Aug 2025 #34
Voters will know, when they get laid off. Meadowoak Aug 2025 #27
No, he will not. . . . .nt Bernardo de La Paz Aug 2025 #21
I give them a year and they'll be ready to impeach Emile Aug 2025 #3
A month. Meadowoak Aug 2025 #28
Wow WSHazel Aug 2025 #5
You said it WSHazel JMCKUSICK Aug 2025 #9
MAGAnomics oasis Aug 2025 #6
Recessions Only Affect Poor People modrepub Aug 2025 #8
But a super high tariff will be imposed to discourage buying BattleRow Aug 2025 #11
When MAGA bank accounts run dry, people will cry loudly... ProudMNDemocrat Aug 2025 #10
They're perfectly okay Wednesdays Aug 2025 #25
Drumpflation multigraincracker Aug 2025 #12
The unemployment rate doesn't count all those immigrants who are no longer working. patphil Aug 2025 #13
This will sink Trump nowforever Aug 2025 #14
That in combination with... littlemissmartypants Aug 2025 #16
****The MAGA Depression Is Almost Here**** LeftyLucie Aug 2025 #15
Well, he is using Herbert Hoover's playbook. Meadowoak Aug 2025 #31
Finally... littlemissmartypants Aug 2025 #17
$5 says that 73,000 is revised down to negative territory CanonRay Aug 2025 #18
As Winston Churchill once said "Now this is not the end. It is not even the beginning of the end. But it is, Fil1957 Aug 2025 #19
Chickens coming home to roost. RoeVWade Aug 2025 #20
Best comment on this... Grins Aug 2025 #23
Impossible Orrex Aug 2025 #24
Maddow Blog-U.S. job growth turns cold as Trump's agenda takes its toll on the economy LetMyPeopleVote Aug 2025 #26
It is the Trump recession. Trump's big beautiful recession dalton99a Aug 2025 #30
I don't see a recession *yet*. Sometime in 2026, sure. unblock Aug 2025 #33
The Trumpnecks and Trumpbillies will feel the pinch the worst. Aristus Aug 2025 #35
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