What it means if Donald Trump loses the election
[cnn.com]. VERY GOOD COMMENTARY MUST SEE!
The link isn't working. I'm sure the article probably mentions a very negative effect on the economy if Trump loses, which is the LAST thing we need at the current time.
That's the last reason to choose the President. The market doesn't give a flying fuck about the long term health, wealth and wellbeing of the American people, only that they continue supporting the vast Ponzi scheme it represents. The market is pumped up by trillions of free and dirt cheap money poured into the economy at the long term expense of us all. It is natural that the tires will be looking soft after all the profligate spending is diverted to long term infrastructure and nation building.
If a thousand billionaires cry when Trump loses I will rejoice. And if the S&P is back to the low two thousands where it was in March I won't care, it's not even close to where it should be without irrational exuberance of sky rocketing national debt, ballooning wealth inequity, and declining quality of life and actual life expectancy.
@prometheus I don't care if billionaires cry if by some small chance they do after a hypothetical Trump loss, because they will not be the most hurt by a shrinking economy. Well maybe in dollars they will be, but they'll still be rich and the working class will be the ones to suffer for it ultimately, the hardest hit. We need to focus on economic recovery most of all at this point. If the Republicans try to sucker punch the American people with a destruction of healthcare accessibilty during a time of great medical need they will have to answer for it. But I think they already know that.There are limits to what will be tolerated. And speaking of unworkable schemes, why do Dems keep trying to throw all this money into covid supplies for schools? I'm sure it has to be billions. They just LOVE spending taxpayer money. It went from not being able to get tested, to now there is constant free and sometimes needless testing going on all over the place. Somebody is paying for those tests!
As far as the sheer economics of it all, I cannot line it all out point by point, but as a general rule Republican economic policies are more in line with economic growth, expansion. Call it a ponzi scheme, I don't understand it well enough to call it that, but a better economic outlook is what we should place high on our national priority list in deciding matters of importance.
It is true the wealth of top billionaires has INCREASED during the pandemic, but what does it say? Maybe this increase in wealth is why the ecomony seems to be picking back up rather quickly after the worst of the shut downs? How would we fare better under Dem control?