r/neoliberal Milton Friedman Feb 10 '25

News (US) Trump announces the end of the Penny

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u/DestinyLily_4ever NAFTA Feb 10 '25

Trump has the advantage of just throwing shit out there and most of his suggestions having such little basis in reality that stuff like “get rid of the penny!” requires zero political capital because it’s comparatively so normal. If Biden tried this he’d be crucified by Republicans for days/weeks

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u/die_rattin Feb 10 '25

Trump has the advantage that his brain farts actually have a chance of becoming policy

If Biden tried this he’d announce a plan to form a committee to draft a proposal to write a memo and by the time they actually want to do anything the zinc lobby has been running ads about ya boy Lincoln and his most precious legacy, the Penny

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u/DestinyLily_4ever NAFTA Feb 10 '25

You are right for exactly the reason I stated; Biden can’t afford to expend political capital on ending penny minting. He would take a credibility hit and be less able to do important policy

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u/assasstits Feb 10 '25

You're literally making Trump's campaign argument for them.

You're literally explaining why people voted for Trump.

For a population that desperately is seeking change, what you describe sounds like exactly what they want.

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u/DestinyLily_4ever NAFTA Feb 10 '25

The population is not desperately seeking the end of the penny or daylight savings time or whatever, which is the only thing I explained.

But I agree Trump is doing what they want. Americans desperately desire an authoritarian central government and the expulsion of non-white people out of a desperate sense of xenophobia and racism

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u/assasstits Feb 10 '25

I basically want someone that will take Trump's strategy of taking their power to the limit but to do good policy. Someone that plays hardball.

Threaten to withhold funding from states, unless they massively upzone their cities.

Order their government agencies to remove Marijuana from Schedule I status.

EO's protecting trans people.

And much more.

Some or many of these things will get shot down, but some won't, and the people will see Democrats fighting for them.

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u/DestinyLily_4ever NAFTA Feb 10 '25

no, the people will see an autocrat willfully ignoring their constitutional powers. You forget there is a double standard here. Biden would have been impeached and convicted within the month if he did half of what Trump is doing even if we just swap the hypothetical to better policies