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Palantir Co-Founder Lonsdale Slams Trump's $5,000 Checks as 'Bread and Circus Bribes'

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Palantir co-founder and Republican donor Joe Lonsdale has publicly criticised Donald Trump's proposal to issue $5,000 dividend checks to every adult American. Lonsdale took to X to voice his opposition, labelling the plan a populist bribe rather than sound fiscal policy. The proposed programme would carry an estimated total cost of approximately $1.2 trillion. Lonsdale, despite supporting Republican electoral prospects in the November midterms, argued the payout was financially irresponsible. His concerns are echoed by other Republicans, including Representative Ralph Norman, who have raised questions about funding the scheme against a backdrop of $40 trillion in national debt.

Read the full story at Times of India

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Palantir Co-Founder Lonsdale Slams Trump's $5,000 Checks as 'Bread and Circus Bribes' · ShortSingh