dianaiad
Well-Known Member
you are the one who insists that this doesn't happen, and that any notion of it really happening is a baseless and despicable ad hominem. (shrug)
I'm the one wishing I were wrong.
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Market crash and new virus can cost Trumps election
- Thread starter Riders
- Start date
you are the one who insists that this doesn't happen, and that any notion of it really happening is a baseless and despicable ad hominem. (shrug)
I'm the one wishing I were wrong.
Yeah, not.
First people know how good the economy was before the event. Only a complete idiot is going to think it's Trump's fault people are getting sick from coronavirus.
Secondly, it's not deadlier than influenza and we pretty much snore through that every year. Influenza kills 20-65k people a year and coronavirus isn't even close. It looks like we're having a relatively mild winter in the USA and this a going to do a hell of a lot to curb the spread as well... We're scheduled for record highs in the midwest (which I lovingly refer to as a flu-zoo) and that's going to reduce the spread drastically.
The markets will rebound off a "bottom" found when the panic is over. Just think of it as a fire-sale -- it'll be the best time to buy, lol.
Yazata
Active Member
That's obviously CNN's hope. But I don't understand why it would.
Apparently the idea is that the President of the United States can stand at the shoreline, hold out his hand, and like King Canute order the disease not to enter his country. (Saint Obama would have done it!) So if anyone in the US gets sick, the President has failed in his sacred duties.
That's fantasy. In real life, the disease might strengthen the President and his agenda by underscoring several things that he's been preaching.
First, events are already demonstrating how dependent the US has become on China for basic medical supplies. Pretty much all of our surgical masks come from China, or did, since China needs all of them domestically and is no longer exporting them. People in the US are getting scared, are trying to buy masks, and can't find them. More ominously, many of the drugs in our pharmacies actually come from China. So even without a dramatic increase in cases in the US, we are already experiencing shortages of pharmaceuticals and antibiotics that people need. This after the Globalists have been insisting for years that off-shoring production of everything (to a potential adversary!) will present no problems at all. The shortages in vitally needed supplies illustrate the President's argument that the US needs to preserve self-sufficiency in strategic products on which its people, their health and their freedom depend.
And second, the introduction of the disease from overseas could turn out to be a huge argument against open borders. In the European Union, which has led the drive to erase national borders (and nations themselves) the spread of disease into Italy and the other EU countries is already generating calls for restoring emergency border restrictions. In the US case, restoring some control over America's own borders and some say about who crosses them starts to look very good when the rest of the world is perceived as seething with dangerous contagion.
If Trump succeeds, he looks good. If he doesn't, voters can at least see that he tried and they can see the kind of resistance that his efforts generated and where that resistance was coming from.
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Heyo
Veteran Member
That would be a logistically challenge. Make it dems in the east and west and reps in the middle. You need two walls but most people just can stay were they are. It's cheaper in the end.
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Howard Is
Lucky Mud
Don’t worry too much about the Ruskies and ‘towel heads’.
Looks like you are determined to destroy yourselves.
It’s a horrible shame.
You get that.
You want California and Florida and New York ?
It only seems fair that they get the rest.
Looks like you are determined to destroy yourselves.
It’s a horrible shame.
You get that.
You want California and Florida and New York ?
It only seems fair that they get the rest.
tytlyf
Not Religious
National or Democratic socialist? Which are you?
You probably hate socialist programs like Police and Fire too!
wellwisher
Well-Known Member
Trump has been pushing the need for American Businesses to move back to American and buy American. The Corona virus may help Trump in that respect. The drop in the stock market is because too many American businesses are dependent on foreign goods from China, where the disease began. The virus has demonstrated why it makes more sense to buy and build in America.
Trump's second term may see the US economy grow even more as more and more business come home. The virus will also help Trump build the border wall as way to prevent the spread of this and future disease. The Democrats had made us all vulnerable with open borders and too much foreign dependency. The virus is a two for one, for Trump. Trump was way ahead of the curve in terms of anticipating the needs of the future.
The Democrats and their comrades in fake news know how to make trouble, but this is only short term. In the end, it tends to backfire on them. I like the analogy of Wile E Coyote and the Road Runner, with the Trump the roadrunner. The Democrat Coyote has bought into a new trap, but he is about to fall into his own trap. Trump's popularity will increase once again just before Barr and Durham drop the anvil on the coyote.
whirlingmerc
Well-Known Member
Market fears can cause trouble for the incumbent.
On the other hand the left isn't showing good policy strength. Being good at ranting doesn't make someone like Sanders et al a good person to make the economy sound
I am a right to life compassionate conservative
and oh by the way, unborn women need equal rights too!
Time to start praying perhaps. Now, eeny, meeny …. so many gods to choose from - not that it matters.
shmogie
Well-Known Member
Please, you know, as well as I, that this issue was immediately politicized by the democrats. The NY times today declares the virus "Trumps virus".
You know, as well as I, that there is a large segment of the democrat party who has adopted "the end justifies the means" philosophy when it comes to Trump.
An adviser to Obama, and former mayor of Chicago, famously said, " never let a disaster go to waste".
There is absolutely no doubt that there are many democrats who would happily take advantage of deaths from the disease.
You may choose to not recognize this reality, I do not.
I thought an ad hominem only applied when a specific person is singled out.
There will be deaths from the virus in the US, watch the democrat response to them, my point will be made.
shmogie
Well-Known Member
You don't think his policies led to a vastly improved economy?
shmogie
Well-Known Member
Excellent point.
The old adage, " the people get the government they deserve", which always applies to America.
Heyo
Veteran Member
Politicians take (and get) too much credit for the economy. They can set a framework and it will have some influence, sometimes years later. But in principle the economy is as controllable as the weather.
Augustus
…
To paraphrase Napoleon, when it comes to the economy it is better to have a lucky President than a good President.
shmogie
Well-Known Member
Agreed, in general.
Yet it is not just coincidence that the tax cut, and large regulation cutting , occurred as the economy boomed.
It's far too early to say what the virus's effects will be on the election.
And neither can the stock market be predicted that far in advance.
It could even work out to Trump's favor if the market rebounds during the campaign.
And neither can the stock market be predicted that far in advance.
It could even work out to Trump's favor if the market rebounds during the campaign.
Augustus
…
It didn't 'boom'. It basically continued a multi-year trend that began during the Obama Presidency.
shmogie
Well-Known Member
The stock market is primarily a reflection of emotion, in this care fear.
A hyper rising stock market always has corrections along the way.
This is a correction, not the onset of depression.
As you point out, when the fear subsides, people will rush in snapping up the great bargains that now exist in the stock market, and it will take off, again.
The market can turn 180 degrees in 24 hours.
Still, a downturn, however brief, & a pandemic will give Democrats hope.
But I recommend instead that they concentrate on running a better candidate.
shmogie
Well-Known Member
Interesting, but job creation is not the only measuring tool for an economy.
Unemployment rates by demographic, and total GDP must be included.