The Socialist Program with Brian Becker Trump's Drastic Cuts: Federal Workforce, Services & Billionaires' Taxes
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Feb 19, 2025 
Richard Wolff, a Professor and co-founder of Democracy at Work, dives into the alarming cuts to the federal workforce under the Trump administration. He critiques the capitalist system that prioritizes profit over essential services, linking rising credit card interest rates to increasing consumer debt and financial strain. The discussion reveals how political alliances favor elite interests while ignoring the needs of the public. Wolff also highlights the broader implications of America's shifting global stance, particularly in light of rising tensions with China.
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Capitalism and Needs
- Capitalism doesn't prioritize meeting people's needs, only profits.
- Unemployed people still consume, highlighting a societal disconnect.
Ideology and Taxes
- Trump and Musk's actions are ideologically driven, focusing on tax cuts.
- The Republican party's core principle has always been anti-taxation.
Job Cuts and Wages
- Laying off public employees is presented as "cutting fat," but it cuts essential services.
- This benefits businesses by lowering taxes and suppressing private sector wages.
