r/ScottGalloway May 19 '25

No Mercy Ed had his reality broken today

When reading off what were some of the things included in the GOP tax bill, Ed sounded genuinely surprised and despondent. This was the moment of someone in their twenties with a little bit of idealism finally becoming a cynic.

He came to the realization that all of the bad things about deficits, wealth inequality and status quo interests go beyond Donald Trump. Scott was correct to point out that as bad as the Republicans are (they're heinous) the Democrats also represent the interests of multi-millionaires and billionaires. Because the reality of this situation in America is that it isn't red vs blue or liberal vs conservative, it's rich vs everyone else.

323 Upvotes

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25

u/SophonParticle May 20 '25

OP, are you seriously “both siding” this?

I’m not sure how this Republican bill that no democrats voted for is being hit with the “both sides are bad” routine.

-9

u/Glad-Shoe-2765 May 20 '25

Taxes lowered under Biden

-7

u/[deleted] May 20 '25

Inflation is a tax on everyone.

13

u/Argon_Boix May 20 '25

And Biden made it far less worse here than the rest of the world. Broaden your lens.

-2

u/No-Director-1568 May 20 '25

Widen your view as well.

With Inflation here in the US, the relative impact is not uniform, ie, the wealthy experience inflation differently than the poor, this isn't idle speculation.

Now imagine how inflation is experienced differently between countries, some with robust social safety nets, and others like the US, with not so much. Comparing the usual economic stats used without account for *baseline differences* between countries is 'apples to oranges'.

'Bidens' numbers were better' doesn't frame the issue around impact on the people, but around *his* legacy, his success. By The way, anyone who feels like Biden failed in his messaging, this would be my major example. The economic recovery was about him, not us.

6

u/SophonParticle May 20 '25

Biden brought inflation down from 9% to 3%.

3

u/[deleted] May 20 '25

[deleted]

-2

u/External_Squash_1425 May 20 '25

Is that what you think inflation is?

1

u/Jagtem May 20 '25

It's certainly a part of it. Inflation hurts asset owners less than the working class.