White House orders pause on all federal grants and loans, impacting trillions of dollars in aid. Impact on Social Security and Medicare benefits excluded.
They want to kill off the little fish that need that money. Also, this is a death nail for most nonprofits. Nonprofit, is a dirty word to oligarchs. Why do good things for no personal gain?! Watch for profit large corporations snap up assets and market shares of services previously provided by nonprofits and charities.
Jesus… This will directly and unequivocally shrink the economy. That money? It’s paid to businesses for services. He just fucked our GDP.
And it’s going to disproportionately affect red states, because those are the states that receive the most federal grants.
They want to kill off the little fish that need that money. Also, this is a death nail for most nonprofits. Nonprofit, is a dirty word to oligarchs. Why do good things for no personal gain?! Watch for profit large corporations snap up assets and market shares of services previously provided by nonprofits and charities.
Everything he’s done so far, and most of what he will do, will be bad for our economy
Which is the point.