Summary

The Trump administration, led by Elon Musk, has escalated its mass firing of federal workers, dismissing thousands across multiple agencies.

Union leaders condemn the purge as a politically motivated power grab rather than a cost-saving measure.

Many workers received no notice or due process, while chaotic termination notices deepened confusion.

Critics link the firings to Project 2025’s goal of dismantling government oversight, warning it will lead to corruption and benefit the wealthy.

  • WhatAmLemmy@lemmy.world
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    4 days ago

    Those were rookie numbers. This time round he’s gonna destroy the credit rating, bankrupt the state, and sell off the whole country to corporations, piece by piece.

    • Placebonickname@lemmy.world
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      4 days ago

      A) yes I believe you say truth B) how would trump make money by destroying the credit rankings? Don’t rich bank people make money when they can effectively evaluate risks?

      • ddh@lemmy.sdf.org
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        4 days ago

        Borrow a lot and default, a quick way to get cash and torch your credit rating. Trump and his billionaire friends will do everything they can to suck the marrow out of America and leave it empty. Bankers’ credit models can account for political risk, but that’s more tailored to countries like Argentina, not the world’s largest economy. We’re in new territory.

        • itsonlygeorge@reddthat.com
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          2 days ago

          So basically just how Trump ran his casinos into the ground? Get all the money he can from the government and declare bankruptcy to not have to pay the bill. gReAt BuSsInEsSmAn!

      • JPAKx4@lemmy.blahaj.zone
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        4 days ago

        If you know how markets will react ahead of time, you can make money. Additionally:

        1. Take out massive loans and build/buy physical assets ASAP
        2. Destroy economy by removing bank regulations, federal insurance on banks, let America default on loans
        3. Bank goes defunct and can’t collect loan from you
        4. ???
        5. Profit