LOUISIANA DEMOCRATIC PARTY’S STATEMENT ON THE INAUGURATION OF PRESIDENT TRUMP
FOR IMMEDIATE RELEASE
January 20, 2025
CONTACT: ldpcommunications@lademo.org
LOUISIANA DEMOCRATIC PARTY’S STATEMENT ON THE INAUGURATION OF PRESIDENT TRUMP
Chair Gaines: “Trump isn’t looking out for Louisianans – he’s only looking out for himself”
BATON ROUGE, LA — Today, Donald Trump was inaugurated as the 47th President of the United States. As Trump prepares to enact his extreme and unpopular Day One agenda, Louisiana Democratic Party Chair Randal Gaines released the following statement:
“Donald Trump isn’t looking out for Louisianans – he’s only looking out for himself and his billionaire backers. Louisianans want lower prices, but Trump’s reckless plans will hike costs while threatening critical programs our state relies on.
“After campaigning on supporting working Louisianans, Donald Trump has shown us exactly who he is by assembling the wealthiest cabinet in United States history to rip the American people off. From Day One, Trump is making clear he intends to use the might of the U.S. Government to further the interests of the ultra-wealthy – like himself – at the expense of everyone else. Unfortunately for us, Louisiana Republican extremists like Mike Johnson can’t govern without Trump’s approval and will do nothing to stop him, further hurting our state.
“Today, and every day, Louisiana Democrats will stand up to Trump and his cohorts whenever they put their personal agendas above the interests of the great people of our state.”
Trump’s billionaire cabinet will help him rig the economy for the ultra-rich and big corporations, hike costs, and skyrocket inflation.
- Trump’s administration includes more billionaires than any other in American history, with a combined net worth that exceeds the GDP of 172 different countries.
- Trump and his incoming team are also threatening access to health care and critical earned benefits like Social Security — after Trump tried to gut both the last time he was in office.
- And after giving away billions to the ultra-wealthy during his first term, Trump is doubling down on plans to give tax handouts for billionaires and big corporations as economists warn he’s setting up an inflation bomb to wreck the economy.
Trump has vowed to impose an expensive national tax on his first day in office, drastically raising the cost of critical goods like groceries and gas, while hurting small businesses.
- Trump is already walking back promises to lower costs, instead pledging a $100 billion national tax on Americans.
- Trump vowed to enact widespread tariffs as soon as he takes office in January, a move that economists warn will jack up costs for just about every type of import – from food and cars to computers and gas.
- Trump’s disastrous plans would raise prices on necessities like groceries and gas, costing American families an extra $1,300 a year.
As he prepares to take office, Donald Trump is cashing in on the power of the presidency for his own financial gain – ripping off regular people in the process.
- Ahead of his inauguration, Donald Trump announced a crypto token that allows people to “transfer money to the president’s family in connection with his office,” raising widespread concern among legal ethics experts.
- The token, known as a “meme coin,” has “no economic or transactional value and is often seen as a means of speculative trading.”
- Trump is now planning massive giveaways to his special interest backers and billionaire friends, “working closely” with corporations to write legislation to further deregulate the crypto industry.
###