The eternal problem with Trump can be neatly described using his tweets today.
Let’s investigate, shall we? Here they are, in order:
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1) Stock Market at new all-time high! Working on new trade deals that will be great for U.S. and its workers!
2) Stock Market hit another all-time high yesterday – despite the Russian hoax story! Also, jobs numbers are starting to look very good!
3) Will be at the Women’s U.S. Open today!
4) Next week the Senate is going to vote on legislation to save Americans from the ObamaCare DISASTER. #WeeklyAddress
5) MAKE AMERICA GREAT AGAIN!
6) Just got to the #USWomensOpen in Bedminster, New Jersey. People are really happy with record high stock market – up over 17% since election!
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The issue here is the same one I’ve been hammering at now for 5 years if not longer. The stock market is a contrary indicator for the economy. A high stock market means a bad economy, and vice-versa.
A good economy is one in which money flows into the creation of jobs, businesses and material goods. A bad one has money directed into crap like stocks.
The stock market is an oligarch circle jerk. That’s literally all it is. It’s a kind of universal guaranteed income for lazy rich people. In a healthy economy, money would be flowing down from the top into the middle class, in the form of job opportunities and raises and such. But, it doesn’t, anymore, because it’s stuck up at the top because the stock market literally never goes down. So the wealthy make money in stocks to put money in stocks, because all the government and federal reserves’s policies are about is making people who put money in stocks richer.
We either have 1) a high stock market and a malfunctioning economy, or 2) a low stock market and a functioning economy. But, we don’t have and will never get either.
The problem with the US economy is that we have too many rich people. And until this problem is taken care of, no recovery is on the horizon.
This is not a difficult concept to understand.
A recovery means that the stock market takes a 75% hit. That way, money will leave stocks and go elsewhere, such as hiring workers. And then the economy will begin to recover.
We’re not going to get that with Trump. Or with anyone in the political scene, right now. Nobody will work towards this. The system we have is permanently broken, and as it is, the US has no economic weapons with which to counter China or Russia or anyone else, for that matter.
We’re headed down, down, down into the gutter of the 3rd world, and there is no process with which to stop this since the entire system is corrupt. They’ve lost their purpose and cannot fix anything, or even mention what needs to be done to fix anything at all.
And Trump is by far the worst of the lot.