alt Hacker NewsThe ultimate check and balance was always supposed to be the US consumer. It seems any major disruption to purchasing power will result in a backlash large enough to undo any policy and administration.
I’d still bet that any sudden movements in this direction will be checked
Replies
tencentshill • yesterday at 6:12 PM
More and more of the people actually spending money in the economy are concentrating in the top 10%. They don't NEED the millions of everyday consumers to maintain the status quo.
jorblumesea • yesterday at 5:46 PM
I wouldn't count on the people that elected trump, twice (!), to come to their senses. The American voter cannot be trusted to do what is right for the country.
>It seems any major disruption to purchasing power will result in a backlash large enough to undo any policy and administration.
That assumes it can be undone. Reversing course and hoping the damage done heals isn't a sure bet. Especially with timing delays.
There is definitely real risk here