Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

applegrove

(125,633 posts)
Fri Apr 4, 2025, 03:37 PM Apr 4

Trump and Elon are ignoring the more than 32m entrepreneurs that can't afford to build a new factory or pay tariffs or

https://bsky.app/profile/mcuban.bsky.social/post/3llyl4vi7q225

Mark Cuban:

There are 33m companies in the USA. Only 21k employe 500 or more. And they only make up 23% of workers.

Trump and Elon are ignoring the more than 32m entrepreneurs that can't afford to build a new factory or pay tariffs or absorb cancelled contracts.
3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump and Elon are ignoring the more than 32m entrepreneurs that can't afford to build a new factory or pay tariffs or (Original Post) applegrove Apr 4 OP
What company can build a new factory Johonny Apr 4 #1
The small companies will have to sell out to the private equity and applegrove Apr 4 #2
Since the stock market is a leading indicator Johonny Apr 4 #3

Johonny

(23,284 posts)
1. What company can build a new factory
Fri Apr 4, 2025, 03:42 PM
Apr 4

With the cost of steel, lumber, cement at inflationary prices, while their profits drop.

The great depression happened for a reason. No one is going to build more product to deliver to an out of work and cash strapped populous. The whole concept only makes sense if you once bankrupt a casino.

Johonny

(23,284 posts)
3. Since the stock market is a leading indicator
Fri Apr 4, 2025, 03:56 PM
Apr 4

I assume the layoffs, bankruptcies, and foreclosures are heading our way.

May small businesses will simply go away. Those Etsy stores and Chinese importers, they are gone.

Then their is my wife's friend with 25 cargo ships. I predict hard times coming their way. A lot of businesses are middle men without factories at all.

Latest Discussions»General Discussion»Trump and Elon are ignori...