logo
5 things to know about Trump, Pope views on wealth, values and why MAGA worries

5 things to know about Trump, Pope views on wealth, values and why MAGA worries

Yahoo10-05-2025
The American president and the American pope both have their eyes fixed on the late 19th century, but they seem to be drawing very different, if not clashing, lessons.
President Donald Trump has recently waxed nostalgically about the period from 1870 to 1913 in defending his imposition of across-the-board tariffs. Cardinal Robert Prevost, in choosing the papal name Pope Leo XIV, follows in the footsteps of Leo XIII who set forth the concept of Catholic social teaching in 1891.
While theologians point out the two views are not necessarily contradictory, some in the MAGA-verse were ringing alarms louder than the tolling bells in St. Peter's Square after white smoke heralded the selection of a new pontiff on Thursday.
Firebrand Lara Loomer denounced Prevost as "pro-open borders" and Catholics for Catholics President John Yep said he viewed Prevost's election with "great concern."
Here are five things to know.
Trump speaks of the era as one in which America was at its "richest."
Certainly a clique of industrialists and others profited mightily from the country's industrial boom at the time. This was the so-called Gilded Age in U.S. history, in which Manhattan's richest families, such as the Vanderbilts, Astors and Morgans, built palatial estates in Newport, Rhode Island.
But for the vast majority of America, life was a very different experience. Many moved to urban centers in search of work and found jobs in factories where the hours were long and the wages minimal. Labor unrest ensued, sometimes turning violent. Immigrants and others working in factories lived in squalor.
"It was not uniformly a period of strong growth. The analogies to the 1890s are extremely weak," said Edward Alden at the Council on Foreign Relations in an April interview. "If you're learning lessons from that era, they are going to be the wrong ones for sure."
The Progressive Era of American politics ushered in safety protocols, a 40-hour week, anti-child-labor laws and many other workplace reforms.
In calling for broad duties on imports, Trump has extolled the nearly 50 years that spanned the last centuries of the past millennium.
"You know, years ago, 1870 to 1913, we didn't have an income tax. What we had is tariffs," Trump said in one speech. "And the tariff system made so much money. It was when we were the richest — from 1870 to 1913. … It was when we were the richest."
The president has often alluded to wealth, telling Americans he will make them more affluent than ever. He has said he will usher a "golden era" and even redecorated the Oval Office with gold trimmings.
'You see the new and improved Oval Office,' Trump said to Canadian Prime Minister Mark Carney during their May 6 meeting. 'As it becomes more and more beautiful with love — you know we handle it with great love — and 24-karat gold, that always helps too.'
As pope, Leo XIV has not mentioned the era nor drawn lessons from it, but has alluded to faith and wealth.
In his first homily as pontiff on May 9, Leo XIV cited from the Gospel of Matthew a conversation between Jesus and the disciples in Caesarea Philippi, a place the pontiff said was marked by "luxurious palaces" but "also a place of cruel power plays and the scene of betrayals and infidelity."
There, Jesus was a "completely insignificant person," the pope noted, and once this 'world' saw him as a source of irritation, it opted to "eliminate Him." Others there saw Jesus, Leo XIV said, as a courageous "upright man," similar to other great prophets, but at the moment of "danger," they turned away and abandoned him in disappointment.
"What is striking about these two attitudes is their relevance today," the pope concluded. "Even today, there are many settings in which the Christian faith is considered absurd, meant for the weak and unintelligent. Settings where other securities are preferred, like technology, money, success, power or pleasure."
Sister Maryanne Stevens said the choice of Leo has several messages.
Stevens noted Leo I, also called Leo the Great, worked for peace and kept Attila the Hun from entering Italy. The most recent Leo, the 13th, was the founder of modern Catholic social teachings.
Leo XIII's encyclical "Rerum Novarem" critiqued the excesses of socialism and capitalism. During his 25-year papacy, from 1878 to 1903, the pontiff exhorted people to "come together guided by values" and preached "solidarity between the classes," said Stevens, a theologian and the retired president of the College in St. Mary in Omaha, Nebraska.
According to her, Leo XIII spoke out against "exploitation" of workers by capitalist industrialists but did not agree the "state should take over everything," either. Rather, she said the pontiff recognized the dignity of the human person and called on the broader community to safeguard the rights of people, particular those most vulnerable.
She said Leo XIII wrote there is dignity to every human person and extolled the dignity of work. Stevens said the pontiff pressed capitalists to provide safe environments and healthy environments and create just wages.
"There was a tremendous amount, at the time, of social inequality and exploitation of people and they were problems that had to be faced by both the Church and the state," she said. "That was one of his basic points."
Stevens cautioned against commentary suggesting Leo XIV chose the name in order to send a message to the president.
"I'm not prepared to suggest that Leo chose that name so as to respond to Trump," she said.
Trump's supporters point out the president won election in 2024 by waging a campaign for blue-collar and other workers forgotten and left behind by U.S. free trade and neglectful manufacturing policies in the past 40 years. He vowed, during the campaign, to end taxation of tips and overtime for wage employment.
But once in office, the Trump administration has sought to slash federal spending, including numerous safety net programs for the poorest Americans and the elderly. The White House has also delivered on Trump's harsh rhetoric toward immigrants with equally harsh deportations.
Some in the MAGA-verse were decidedly unhappy over Prevost's immigration tweets, some of which rebuked Trump and Vice President JD Vance's views.
Loomer, a failed congressional candidate in Palm Beach County, wrote on X that the new pontiff "supports illegal aliens and open borders."
Yep said in an interview with Charlie Kirk of the far-right youth group Turning Point USA that he harbored "great concern" because Leo XIV had "an ambiguous scorecard on same sex blessings."
In a statement to The Palm Beach Post, Yep reiterated his belief there is "justifiable apprehension" for what the new papacy will bring due to prior postings on social media. But Yep also said other "praiseworthy actions" by Prevost, such as his emphasis on the "defense of babies in the womb," offer hope.
"We pray that he will work well with the Trump Administration as well as ending immediately the Francis era Secret Accord between the Vatican and the Chinese Communist Party signed in 2018," Yep wrote. "Catholics above all should be praying for this man as undertakes a tremendous responsibility as head of 1.4 billion people."
Antonio Fins is a politics and business editor at The Palm Beach Post, part of the USA TODAY Florida Network. You can reach him at afins@pbpost.com. Help support our journalism. Subscribe today.
This article originally appeared on Palm Beach Post: Trump, Leo XIV cast gaze on Gilded Age but draw different lessons
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Uncovered Long-Hidden U.S. Resource Reserve In Resurfaced Presentation from Former White House Advisor That Could Quietly Reshape Trump's Economic Playbook
Uncovered Long-Hidden U.S. Resource Reserve In Resurfaced Presentation from Former White House Advisor That Could Quietly Reshape Trump's Economic Playbook

Business Upturn

time4 minutes ago

  • Business Upturn

Uncovered Long-Hidden U.S. Resource Reserve In Resurfaced Presentation from Former White House Advisor That Could Quietly Reshape Trump's Economic Playbook

Washington, D.C., July 04, 2025 (GLOBE NEWSWIRE) — As political debate intensifies over the cost and scale of President Trump's sweeping legislative proposal—referred to by insiders as the 'Big Beautiful Bill'—a released presentation by Jim Rickards suggests the U.S. government may already control the means to fund the majority of programs just like this internally. Rickards, a veteran advisor to the CIA and Treasury Department, points to a massive store of untapped wealth resting beneath federally owned land—assets that have remained restricted for decades, but may now be on the verge of being unlocked. 'This land… it's held on deposit across all 50 states,' Rickards explains. '$516 billion in the Salton Sea area of California… $3.1 trillion in Nome, Alaska. And $7.35 trillion in Midland, Texas…' The Untapped Engine of U.S. Growth According to the presentation, these lands contain key minerals and raw materials critical to the development of next-generation technology, infrastructure, and energy systems. And while their value has steadily grown, access has remained sealed off—until now. 'The nature of this 'trust' – as I call it – is such that politicians haven't been able to raid it… which has allowed it to grow untouched… for decades' . 'It's not some kind of government program like those COVID relief checks,' Rickards says. 'But it is a chance for the average American to become richer than they ever imagined'. Could This Be the Missing Piece in Trump's Fiscal Agenda? Although President Trump has not publicly linked these federal lands to his economic renewal efforts, Rickards believes they align perfectly with the spirit of the administration's goals: reduce dependence on foreign nations, revive American industry, and rebuild with domestic resources. 'Trump is re-opening our mineral-rich Federal Lands. And fast-tracking companies that could recover trillions of dollars' worth of resources, right here in America' . 'We have everything we need right under our feet… and now we may finally have the clearance to access it' . A Century-Old Resource, a 21st Century Solution Many of the resource zones outlined in the presentation have been trapped in bureaucratic limbo for decades: 'Resolution Copper Mine… sitting for 29 years' 'Pebble Mine… mothballed since 1990 'Thacker Pass Lithium Mine… stalled since 1978' Rickards contends that unlocking even a fraction of these projects could ease pressure on taxpayers and deliver the material resources needed for infrastructure, defense, and energy independence. 'We know exactly where these minerals are. We know they're worth trillions of dollars. And now—for the first time in half a century—we can go get them' . 'The Asset Is Already Ours' Unlike stimulus checks or bond-funded bailouts, Rickards emphasizes that this is not about redistribution—but reclamation. 'It's not earmarked for any specific individual,' he notes. 'I'm just trying to use terminology that will make the most sense to viewers'. 'This is different. Very different'. With major fiscal battles looming in Congress, the presentation offers a new way of thinking about national wealth—not as something to borrow, but something to unearth. About Jim Rickards Jim Rickards is a former advisor to the White House, CIA, Pentagon, and U.S. Treasury. He helped craft the Petrodollar Accord, has counseled top-level officials through multiple global financial threats, and is the New York Times bestselling author of seven books. He currently provides strategic insight on economic preparedness and national resilience. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

Loeffler Issues Statement on One Big Beautiful Bill Signing
Loeffler Issues Statement on One Big Beautiful Bill Signing

Business Upturn

time4 minutes ago

  • Business Upturn

Loeffler Issues Statement on One Big Beautiful Bill Signing

By GlobeNewswire Published on July 5, 2025, 03:00 IST WASHINGTON, July 04, 2025 (GLOBE NEWSWIRE) — Today, after President Donald J. Trump signed the One Big Beautiful Bill into law, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), released the following statement: 'The One Big Beautiful Bill is a landmark victory for America's small businesses, and it cements President Trump's legacy as the greatest small business champion our country has ever known,' said Loeffler. 'These historic tax cuts lay the foundation for generational prosperity on Main Street – ushering in a new era of growth, hiring, investment, and opportunity for job creators. I applaud Congressional Republicans for their efforts to pass the One Big Beautiful Bill, and I thank President Trump for his visionary leadership and unwavering commitment to putting American workers and job creators first.' Administrator Loeffler has been one of the Trump Administration's most outspoken proponents of the One Big Beautiful Bill. Last month, she embarked on a national tour to tout its benefits alongside America's small business owners – traveling to Florida, Indiana, Kansas, Louisiana, Maine, and North Carolina. In addition to delivering the largest tax cut in history for middle and working-class Americans – increasing annual take-home pay by at least $10,000 for most families – the One Big Beautiful Bill includes revolutionary reforms to end entitlement abuse, secure the border, stop the Green New Scam, and slash wasteful spending. It also includes numerous provisions that will directly empower small businesses and workers, including: Prevents the largest tax hike in history, making the 2017 Trump Tax Cuts permanent and increasing the standard deduction for every American family. making the 2017 Trump Tax Cuts permanent and increasing the standard deduction for every American family. Makes the Small Business Tax Deduction Permanent, preserving the 199A 20% small business deduction, which will generate $750 billion in economic growth and create over 1 million new Main Street jobs. Without the One Big Beautiful Bill, 26 million small businesses would have seen their top tax rate double to 43%. preserving the 199A 20% small business deduction, which will generate $750 billion in economic growth and create over 1 million new Main Street jobs. Without the One Big Beautiful Bill, 26 million small businesses would have seen their top tax rate double to 43%. Supports the return of Made in America by allowing 100 percent expensing for new factories, factory improvements, equipment, and research and development. by allowing 100 percent expensing for new factories, factory improvements, equipment, and research and development. Ends the war on the gig economy by removing the requirement that Venmo, PayPal, and other gig transactions over $600 be reported to the IRS. by removing the requirement that Venmo, PayPal, and other gig transactions over $600 be reported to the IRS. Protects family farmers by preventing the death tax from hitting 2 million family-owned farms who would otherwise see their exemptions cut in half. by preventing the death tax from hitting 2 million family-owned farms who would otherwise see their exemptions cut in half. Cuts taxes on seniors, tips, and overtime , saving tipped and overtime workers up to $1,750 per year. , saving tipped and overtime workers up to $1,750 per year. Protects Medicaid for working Americans , by ending benefits for at least 1.4 million illegal immigrants who are gaming the system. , by ending benefits for at least 1.4 million illegal immigrants who are gaming the system. Increases the child tax credit to $2,200 per family. # # # About the U.S. Small Business Administration The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.

‘I think he hit one. Hell yeah, boy!' US aid workers filmed shooting at Gazans
‘I think he hit one. Hell yeah, boy!' US aid workers filmed shooting at Gazans

Yahoo

time6 minutes ago

  • Yahoo

‘I think he hit one. Hell yeah, boy!' US aid workers filmed shooting at Gazans

Armed US contractors at one of Gaza's new aid distribution hubs appeared to fire at Palestinians before celebrating, leaked footage has suggested. Video seems to show machine gun fire in the vicinity of civilians seeking aid, with an American voice shouting: 'I think you got one.' Another voice adds: 'Hell yeah, boy!' The alleged incident took place at a site run by the Gaza Humanitarian Foundation (GHF), which is backed by Israel and the US but condemned by much of the rest of the international community. A former security contractor at one of the sites told the BBC he saw a guard with a machine gun open fire from a watchtower because a group of women, children and elderly people were moving away from the site too slowly. Another contractor then opened fire, the whistleblower claimed. He said: 'A Palestinian man dropped to the ground motionless. And then the other contractor, who was standing there, was like 'damn, I think you got one'. And then they laughed about it.' The Associated Press reportedly spoke to two contractors for UG Solutions, who have been sub-contracted to GHF sites, and alleged that there was regular use of live ammunition, stun grenades and pepper spray on Palestinians who posed no threat. They claimed security staff hired to protect the sites were often unqualified and unvetted, and acted with impunity while heavily armed. The GHF said the accusations were categorically false, adding that no civilians had ever come under fire at its distribution sites. The new model for aid delivery has been designed to prevent food and supplies falling into the hands of Hamas, thereby propping up the terror group. Rather than delivering aid into population centres, the system requires people to walk long distances across open ground towards specially created centres. Photos and footage have shown large numbers of people being forced into narrow corridors between berms of earth, with security contractors standing above them. Hundreds have been killed in shootings in the wider vicinity of the aid centres as eyewitnesses have accused Israeli troops, who provide a wider ring of security, of opening fire. Israel has denied this, but has admitted firing warning shots in the area. However, the new testimony has marked the first time an American staff member at the sites has been implicated. The GHF said it was operating in the face of people with a 'vested interest' in seeing it fail and denied any misconduct or lack of experience among staff. The organisation said it hadistributed the equivalent of more than 50 million meals in Gaza. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store