Sometimes the billionaires that lead the federal government sound like they’re talking to other billionaires.
“It’s a great time to buy !!!” President Trump wrote on social media last week and offered a shares that were more aligned with the investor class than on peculiar Americans who observed their exposure 401 (K) S.
Howard Lutnick, the Minister of Commerce, said his mother -in -law wouldn’t worry if she wouldn’t get her monthly check for social security. Elon Musk, who lowers the staff of the social security management, referred to it as a “Ponzi scheme”. Finance Minister Scott Bessent claimed that the Americans don’t consider the “daily fluctuations” of their pension to the “daily fluctuations”.
What if automobile manufacturers increase their prices for Mr. Trump’s tariffs? “I could no less interest,” said President Kristen Welker from NBC.
Democrats say that the comments show how unsuspecting Mr. Trump and his friends are from most Americans and that this happens when billionaires lead the economy. The Republicans vote to the quote as unfair cherry wrapping, and in the long term each will profit from their guidelines, even when there’s now pain. Psychologists say that extreme assets change people and their views of those that have less.
If you might be right, you may definitely say that just about no one believes that the comments for Mr. Trump were politically helpful or were calmed down for Americans.
“You have to laugh so as not to cry,” said Whit Ayres, a Republican storm catcher. “What did you say about the old New York Mets?” Can’t anyone play here here? “
For the recording, Forbes Mr. Trump’s net assets on April 8th, on April 8, placed $ 4.2 billion, from April 2, the day on which the President introduced his tariffs, decreased by $ 500 million. Forbes estimated the net assets of Mr. Musk, the richest man in the world, as 364 billion US dollars on April 17 and Mr. Lutnick on the same day. Mr. Bessent, formerly top investor of the billionaire Liberal Philanthropic George Soros, listed assets of more than 700 million US dollars for his financial disclosure this year, but is considered much more.
The opposition quickly came across her comments. Senator Chuck Schumer, the New York Democrat and Minority Guide, said that Mr. Trump and his rich friends live in a “billionaire bubble”, while Senator Bernie Sanders, the independent Vermont, called out Mr. Lutnick on social media.
“Perhaps her mother -in -law wouldn’t complain if she didn’t get her social security check, but tens of tens of millions of seniors who fight for survival,” wrote Sanders. “How except touch are you not to acknowledge that?”
At least loudly.
“If someone is worried about their financial well -being, take them within the word,” said Frank Luntz, a long -time focus group leader, opinion researchers and consultants and spoke about the widespread fears, rising prices and falling stocks brought by Mr. Trump’s tariffs. He said the president understood the fears of voters during the 2024 campaign when he repeatedly promised to reduce purchasing prices but seem to have forgotten them now.
“If you knew that you’ve gotten to fight in October, why are you borrowing your problems in April?” Asked Mr. Luntz. He added that “the word that’s missing in all of that is empathy of Elon and the President.”
Paul K. Piff, Associate Professor of Psychological Science at the University of California, Irvine, has been studying the psychology of the rich for almost two decades. He said that research shows that the prosperity of a person increases, mostly decrease empathy and compassion for others. Professor Piff warned that there are exceptions and that he did not speak specifically about the billionaires in Trump management.
But he said excessive fortune had profound effects on the character of a person. “You definitely have more power and more influence on people in your life,” he said. He added money, he added: “Buy space and distance from people, and as well as, this reinforced focus will likely be on your individual self. It isn’t a difficult path to say that you just lose contact for what it’s for a lot of, many individuals.”
Susan Pinker, a Canadian psychologist who was a writer for the Mind & Matter column of Wall Street Journal about human behavior and used to write business brain Columne for The Globe and Mail, said the rich life in their own world.
“The reason why the super -rich at the highest of the federal government cannot imagine how people could possibly be nervous by a few of their policies is that they do not see them so clearly,” she said. “We are usually not really built from an evolutionary perspective to have the sensation of being at home with everyone. The stronger our in group is, the more likely it’s that we others exclude.”
Steven Pinker, the Harvard psychologist, who is Piner’s brother, said that he was not convinced that the billionaires’ comments were due to their prosperity. “A more immediate cause could be a cognitive dissonance,” he said, referring to the psychological state that can occur if the actions of the people do not match their beliefs.
“In the case of the Trump administration,” said Professor Pinker, “there are only no selection than turning into craftsmanship so as to not defend this can’t be defended.”
A spokesman for the White House, Kush Desai, said in response to the criticisms of Mr. Trump’s comments on the stock market and potentially higher prices: “The only special interest that leads the decision-making of President Trump is the best interest of the American people z. Officials of the White House also point out that Mr. Trump was unable to reduce social security services.
The latest surveys show that Mr. Trump’s approval rate has decreased since his inauguration, including A Quinnipiac Survey At the start of April it was found that 53 percent approved Mr. Trump and 41 percent. It was a big shift of A Quinnipiac survey At the beginning of the administration when 43 percent disapproved and 46 percent approved.
Although Mr. Trump’s decline in the recent surveys of President Joseph R. Biden Jr., Barack Obama and Bill Clinton is similar at this time, he has a strong decline in support among the independent. In the recent Quinnipiac survey, 58 percent of the independent Mr. Trump and 36 percent approved with 46 percent, which rejected him in January and 41 percent.
The surveys do not show how much the recent turbulence compared to tariffs and the stock exchange have affected the voters’ views on Mr. Trump. But the democratic reconciliation manager Celinda Lake said that most of the current surveys give Mr. Trump negative grades for his economic change, a source of his strength against Mr. Biden during the 2024 campaign.
In their view, the comments of the Trump billionaires show how much they speak to each other.
“They play with billionaires Golf, they eat with billionaires, they go to Mar-A-Lago,” she said. “When was the last time one among them bought a dozen eggs or a liter of milk?”
Or as Mr. Trump said, when he started dinner with friends with friends after his tax cuts in December 2017 became the law: “They all only got much richer.”
