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Comment by thrance | Hacker News Reader

It serves the current administration's in-group: the ultra-wealthy.

Why would the ultra-wealthy be this administration's in-group? Trump won voters with under 100K income, while Harris won those over 100K.[0] Among high-net-worth individuals, Harris had a 10 point lead among those with $1-5mm in net worth and a ~2 point lead with those >$5m, according to the only polling I could find that specifically targeted high-net-worth individuals.[1] It's possible that the "ultra-wealthy" buck this trend, but I haven't seen any data that suggest such a thing.

[0] https://ropercenter.cornell.edu/how-groups-voted-2024

[1]https://www.independent.co.uk/news/world/americas/us-politic...

Trying to extrapolate the behavior of people with $100 billion from the behavior of people with $5 million is clearly nonsense. That's as big of a difference as between someone who makes $20 million per year and someone at the global extreme poverty line of $2.66 per day.

Of the five richest people in the world, 80% were personally sitting right behind Trump at his inauguration.

More like “five richest people in the US according to their tax returns”. Nobody has counted the money of the Saudi Prince, the president of Russia, and a few dozen other characters like these.

Intuitively it feels like their wealth would eclipse Elon Musk.

Got a surprise for you if you think any admins in group isn’t the ultra wealthy

"this paper cut is exactly the same as sticking my arm in a wood chipper, which is why I chose the latter..."

I will use this in the future.

“It’s like a uniparty bruh”

Actually Republicans are like demons and Democrats are like angels, which is why their policies are so distinct. I am very sophisticated.

Can you seriously compare the administration building concentration camps, cutting medicare for 12 millions people (effectively killing a lot of them) and dooming America's future through insane spending to the previous administration?

I do not hold the democrats in my heart but claiming they're "both equally bad" is absolutely ludicrous.

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