He did not say where the money would come from.

  • Treczoks@lemmy.world
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    8 小时前

    …or which kind of dollar it would be. There is e.g. the Guyanese dollar, which even offers a 5000 dollar note. It might even buy you a McD menu.

  • BigDanishGuy@sh.itjust.works
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    3 小时前

    Money only have value because other people don’t have the money. This is like shitting everybody’s pants to help them stay warm.

    On a large scale this will:

    1. drive up inflation, weakening the USD, which will make US bonds easier to pay off. Something which Trump has hinted at being his strategy for the immense US national debt. https://www.geopoliticalmonitor.com/inflate-away-the-debt-strategic-logic-and-risks-of-a-weak-dollar-regime/
    2. Solidify the global transitioning away from the US dollar as the defacto reserve currency. In turn weakening the US soft power position on a global scale.

    What about the the ordinary American? The people who couldn’t care less about international relations, because they’re just worrying about healthcare, or getting gas to go from their second full time job, to their part-time job?
    If we accept the capitalist premise, and let’s do that for the sake of talking about money in the current US, then my analysis of giving a moderate sum to everyone is this:

    1. If everyone has money, then the average desire for money will drop. Meaning that in order to extrinsically motivate by paying will become more expensive. We keep hearing that nobody will work anymore. This will become more intense, but only momentarily, because of…
    2. Giving everyone money will drive up demand, thus driving up cost of living. But while giving a lump sum once will drive up prices, what about when people have spent that money? Then 99% the US population is worse of.
  • COASTER1921@lemmy.ml
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    1 天前

    How on earth are they allowed to put this promise on the literal white house website? This country is a joke and danger to both itself and the rest of the world.

  • matlag@sh.itjust.works
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    23 小时前

    That’s 5k$ to each and every adult. In average. 5k x 270M adults… Maybe it’s going to be 1.35 billions for himself, and jackshit for eveyone else. Or he’ll generously share a bit of it with his family and friends, but still jackshit for the people.

  • Jiral@lemmy.world
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    1 天前

    In a functioning democracy such an election promise is a crime, but so are Super PACS and gerry-mandering and data scraping from voters via scam sites or abusing of entirely different public databases. Also, in a functioning democracy such crimes get prosecuted.

    • Tja@programming.dev
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      21 小时前

      Functioning democracies have things like healthcare, and education, and workers rights, and…

    • 8oow3291d@feddit.dk
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      21 小时前

      In a functioning democracy such an election promise is a crime,

      Not a crime crime. In fact, being able to make election promises with being criminalized is one of the most basic democratic rights. It is similar to how it is democratically correct that being a felon doesn’t technically disqualify Trump from running for President.

      But in a functional democracy, such a promise should make the voters absolutely refuse to vote for Trump. It is the equivalent of deliberately taking on credit card debt for unnecessary spending, at a time where you are already almost bankrupt.

  • Arola@sh.itjust.works
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    1 天前

    Reminder that 80% of people don’t read past the headline - most people will believe the lie even if they only see it here. News outlets know this, so the headline should be “Trump breaks the law and commits election fraud with false claims about payments to voters” or whatever.

  • melsaskca@lemmy.ca
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    1 天前

    Add that to all the other “your cheque is in the mail” gambits that trump throws out there and american citizens won’t need to work or contribute at all anymore! /s

    • givesomefucks@lemmy.world
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      2 天前

      It’s not desperation, its not his money and if it actually happened, it would hamstring the incoming Dem president in 2028:

      “Only I can make this promise to you,” he said, adding that the Republicans would have to win both the House of Representatives and the Senate for the money to be paid out.

      And not only wouldn’t it be his money, it wouldn’t even be “real” money. There’s not a trillion dollars laying around for this (literally what it would cost).

      Since Trump’s first term in 2016, the debt has doubled from 19 trillion to 40 trillion. This will get tacked on and the debt will be used as an excuse not to fund social programs.

      • RaoulDook@lemmy.world
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        2 天前

        With the US adult (over 18) population at about 269-270 million, $5000 each would be about $1.3 Trillion imaginary dollars.

        • schipelblorp@sh.itjust.works
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          2 天前

          The dollars would be real, the value would not.

          Trump is ruling like a particular type of typical dictator–protectionists tarriffs and printing money. Expect Argentina-style inflation in a few years. Don’t denominate your savings in dollars, guys.

        • nilloc@discuss.tchncs.de
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          2 天前

          They’ll find a way to only pay republican voters. Possibly while looking to expel anyone who isn’t at the same time.

        • massacre@lemmy.world
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          2 天前
          • US Population yesterday was just under 349M

          • 21.07% of the population is under 18

          • Leaving just over 270.5M eligible adults in the US.

          • Even shaving off a generous 500,000 people as illegal, that makes it $1.35T this would cost.

          so you are pretty damn close @[email protected]

        • givesomefucks@lemmy.world
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          2 天前

          When people say an act is of desperation, they mean someone willing to throw away anything besides their most important thing.

          This isn’t an act of desperation, because even if he “pays up” it doesn’t negatively effect them.

          It’s like if you were robbing me, so I said “wait, if you don’t take my stuff, you can rob the neighbor!”

          An act of desperation is if a home invader had a gun to your head and you said “take all my stuff just don’t kill me”

          I know I can be pedantic, but this clearly isn’t an act of desperation because trump isn’t offering anything he owns.

          • nilloc@discuss.tchncs.de
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            2 天前

            Trump should be afraid of what losing the majority will do to his dictatorship.

            Also don’t forget that he has dementia and likely thinks of values from the early 80s, when $5000 still bought a decent new car, and the average income was 25k (median around 20k).

      • PoastRotato@lemmy.world
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        2 天前

        Ironically, you could almost argue that what he’s proposing is a sort of social programーjust an extremely clunky and ill-conceived (and likely illegal) one.

    • Treczoks@lemmy.world
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      2 天前

      But as stupid as Trump voters are in the first place, they are bound to believe him. Regardless that the promised DOGE checks have somehow disappeared…

    • CaptainMan251@lemmy.world
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      1 天前

      I cannot understand how MAGAts don’t understand that. He just says random shit and hope it sticks enough to make him win.

      • WanderWisley@lemmy.world
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        1 天前

        I have a few coworkers who are all in on Trump no matter what and it’s always amazing to hear them weekly. Say the same thing that he says the war is over. Gas is going to be cheap renaming the lake somehow helps us since his speech about giving $5000 after the midterms he is so excited and so ready for their Donnie dollars.

        • Tja@programming.dev
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          21 小时前

          I’d try to profit from it. Exchange your 5k future check for a week of them buying lunch now.