President-elect tapping mega-rich backers for positions that will give them power to cut spending on public services

Summary

Donald Trump is assembling the wealthiest U.S. administration in history, with a cabinet of billionaires and multimillionaires worth a combined $340 billion.

High-profile appointees include Elon Musk and Vivek Ramaswamy for a new government efficiency role, alongside billionaires Linda McMahon, Doug Burgum, and Scott Bessent in key cabinet positions.

Critics argue this contrasts sharply with Trump’s working-class rhetoric, with analysts warning of policies favoring the wealthy at the expense of public services like education and social security.

Backlash over inequality and budget cuts is anticipated.

  • snekerpimp@lemmy.world
    125·
    4 个月前

    So we’re an oligarchy now, right? I mean, pretty much feels like a few, elite rich ruling over the poor… isn’t that what an oligarchy is?

    • TwitchingCheese@lemmy.world
      7·
      4 个月前

      Well, yeah. If you drain all the clean water out of the swamp you’re just left with the decaying muck of a dying ecosystem. Almost like that metaphor never actually made sense.

  • Chozo@fedia.io
    24·
    4 个月前

    Imagine if they all fully liquidated their assets and pooled together their money into a stimulus fund and distributed it all to the public as the ultimate act of goodwill to the American people. I mean, could we dumb libcucks even argue with them anymore? That’d be such an indisputable victory that we’d have to admit that they’re right. Man, I really hope they don’t do that, that’d just own me so hard that I might have to convert to Christianity. Please don’t pass this idea along to them, I can’t imagine how embarrassed democrats would be if they did this oh gosh I hope I don’t jinx it.

    • Revan343@lemmy.ca
      4·
      4 个月前

      Besides, they all got to where they are through hard work and perseverance, right? Surely they could just do it again

    • Fedizen@lemmy.world
      3·
      4 个月前

      imagine if the ceo murdering guy got them too and all that money flooded into the markets.

  • enkille@lemmy.worldEnglish
    24·
    4 个月前

    It would be so cool if they could be melted down and harvested for resources. A lot of good could be accomplished with $340bn.

    • 800XL@lemmy.world
      1·
      4 个月前

      Come Inauguration Day, hunting season is going to have the defense of the American Armed Forces and the the tech industry surveillence state to kill anyone Trump wants. Better get started now (disassembling surveillence. Mods, we would never condone hunting the rich in order to preserve the union and democracy.)

  • AlecSadler@sh.itjust.works
    22·
    4 个月前

    I legitimately had someone I know (but no longer consider a friend) tell me that he believes Trump is a solid businessman and these choices may seem out of the ordinary but it is because nobody with his know-how has ever had an opportunity like this.

    Let’s never mind the first term.

    Dude literally thinks these are all wise choices that he doesn’t understand because he’s too dumb. He’s got the second part right.

  • Sterile_Technique@lemmy.worldEnglish
    16·
    4 个月前

    Unrelated, but does anyone know how much tissue a guillotine can cut through in one motion using it’s own momentum?

    I just realized 1700s France could have probably saved a lot of manual labor by arranging their oligarchs in a little stack and then dropping the blade.

    Anyway, $340bn? Daaaaang that’s crazy. …well, have a good’n folks!

  • dhork@lemmy.worldEnglish
    11·
    4 个月前

    And I bet one of the qualifications for being nominated is buying a portfolio of Trump NFTs…

    • can@sh.itjust.works
      5·
      4 个月前

      What if Trump really is for the people and he’s jus putting them all in one convenient location…

      Edit: this is a joke