Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Comments

• nick@midwest.social ⁨1⁩ ⁨day⁩ ago

  Image

  source

  • FlashMobOfOne@lemmy.world ⁨1⁩ ⁨day⁩ ago

    This is an awful way to think.

    You should want people to not be impoverished regardless of who they voted for.

    source

    • nick@midwest.social ⁨1⁩ ⁨day⁩ ago

      I want anyone who voted trump to suffer the way they want my trans kids to suffer.

      You can fuck off with your high horse dogshit.

      source

      • -> View More Comments
    • captain_aggravated@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      Actions have consequences. And these lead addled limp dick obsoletes have dodged the consequences of their actions for 6 or 7 too many decades.

      source
    • Beetschnapps@lemmy.world ⁨1⁩ ⁨day⁩ ago

      NO.

      Their votes make the current world worse.

      You should want people to not be impoverished, hence advocate against them voting for impoverishment. Stupidity voting stupidly is bad, you saying “but regardless….” Is actually worse…

      “Let people vote stupidly; you should let them…” is the dumbest possible take.

      source
• markovs_gun@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Good. These dumbasses mostly voted for this, and they’re getting their reward.

  source

  • JoMiran@lemmy.ml ⁨1⁩ ⁨day⁩ ago

    That’s an inaccurate generalization. The more likely scenario is that only about half of the people affected voted for Trump. There are a lot of innocent people getting fucked here.

    navigatorresearch.org/2024-post-election-survey-g…

    source

    • Winthrowe@lemmy.ca ⁨1⁩ ⁨day⁩ ago

      I feel bad for the children who aren’t old enough to do anything about it, but Trump is the symptom not the disease, which has been metastasizing as long as I’ve been alive.

      source
    • FlashMobOfOne@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Exactly.

      But try hammering that through a partisan’s skull. Very difficult.

      source
  • sj_zero ⁨1⁩ ⁨day⁩ ago

    Actually, boomers are mostly leftist. It's the young who are really flocking to the right these days.

    The boomers voted Republican for more tax cuts during their prime earning years, but now they're all collecting government benefits so they're Democrats again. It was their biggest voting bloc in the last election.

    It's actually the case around the world that the youth, and particularly young men, are shifting hard right.

    • danc4498@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Looking at the exit polling, it’s pretty split with the 65+ crowd. Democrats lost a lot of young voters, but still have the majority of the youth.

      Image

      2016 by comparison

      Image

      source
    • CarbonatedPastaSauce@lemmy.world ⁨1⁩ ⁨day⁩ ago

      You’re underestimating that generation’s ability to hate non-white people. A lot of them care about that hatred enough to sabotage themselves in other ways.

      source
• Diplomjodler3@lemmy.world ⁨1⁩ ⁨day⁩ ago

  Nobody could possibly have seen this coming.

  source

  • Galapagon@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    I saw this coming, but everything I read online to prepare for this says “get rid of bad debt” “buy extra groceries that don’t expire” Not very helpful

    source
• cyrano@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

  Image

  source

  • The_v@lemmy.world ⁨1⁩ ⁨day⁩ ago

    I am thinking we haven’t seen anything yet on this one. This one could decrease the total value on the exchanges by 75% or better.

    If the orange cheeto doesn’t reverse course, massive layoffs will begin in 2-3 months as companies run out of cash.

    The great depression was so deep and long because they thought tariffs would help them get out of it. Surprise, it didn’t work.

    source