Donald Trump enacted his extreme and unpopular Day One agenda yesterday, including pardoning over a thousand convicted criminals including those who beat police officers and pushing tax increases through raising prices with tariffs on allies. Indiana Democratic Party Spokesperson Sam Barloga released the following statement:
“Donald Trump isn’t looking out for Hoosiers – he’s looking out for himself, and his billionaire backers. He proved it on Day One by pledging tariffs on allies that raise prices for every working family at the grocery store and the gas pump and threaten jobs at Indiana refineries and manufacturing centers. Hoosiers demand lower prices, but Trump’s reckless plans amount to a national tax that will hike costs while threatening the jobs and healthcare of Hoosiers.
After campaigning on supporting working families, Donald Trump has shown us exactly who he is by assembling the wealthiest Cabinet in United States history to rip the American people off. From Day One, Trump is making clear he intends to use the might of the U.S. government to further the interests of the ultra-wealthy like himself at the expense of everyone else through higher prices and taxes for working families.
Trump’s sweeping pardons for over 1,200 convicted criminals, including those who assaulted and swung bats at police officers on January 6th, shows he will do anything for those who support him in the most violent ways.“
Trump’s billionaire Cabinet will help him rig the economy for the ultra-rich and big corporations, hike costs, and skyrocket inflation.
● Trump’s administration includes more billionaires than any other in American history, with a combined net worth that exceeds the GDP of 172 different countries.
● Trump and his incoming team are also threatening access to health care and critical earned benefits like Social Security — after Trump tried to gut both the last time he was in office.
● And after giving away billions to the ultra-wealthy during his first term, Trump is doubling down on plans to give tax handouts for billionaires and big corporations as economists warn he’s setting up an inflation bomb to wreck the economy.
Trump pledged an expensive national tax on his first day in office, drastically raising the cost of critical goods like groceries and gas, while hurting small businesses.
● Trump is already walking back promises to lower costs, instead pledging a $100 billion national tax on Americans, and wide tariffs on Canadian gasoline and oil many Midwestern communities rely on.
● Trump vowed to enact widespread tariffs as soon as he takes office in January, a move that economists warn will jack up costs for just about every type of import – from food and cars to computers and gas.
● Trump’s disastrous plans would raise prices on necessities like groceries and gas, costing American families an extra $1,300 a year.
Donald Trump is cashing in on the power of the presidency for his own financial gain – ripping off regular people in the process.
● Ahead of his inauguration, Donald Trump announced a crypto token that allows people to “transfer money to the president’s family in connection with his office,” raising widespread concern among legal ethics experts.
● The token, known as a “meme coin,” has “no economic or transactional value and is often seen as a means of speculative trading.”
● Trump is now planning massive giveaways to his special interest backers and billionaire friends, “working closely” with corporations to write legislation to further deregulate the crypto industry.
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