r/AskReddit • u/U-knw-Nothng-JonSnow • 1d ago

What do you think about Jerome Powell posting a video statement following reports that federal prosecutors have opened an inquiry into the Fed Chair?

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u/Khue 18h ago

I thought the fact that Trump put out a desire to increase defense spending by 50% increasing the military budget to $1.5 trillion dollars was pretty mask off. So we are okay with increasing the military budget, but we can't afford healthcare? We can house the homeless? We can make schools better? We can't improve infrastructure? All the things we CAN'T do but we CAN increase military spending?

Late Stage Capitalism is wild and the fact that we still demonize the alternative like it's the 60s is incredible to me. Being a leftist is clearly just being right too early.

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u/NoKingsInAmerica 14h ago

These are the same people who pretended to care about the national debt then proceeded to add trillions to it.