This is one of the primary reasons I endorsed Michael Bloomberg and thought he would be a qualified person to absorb the previous three years of the Donald Trump trail of corruption and neglect.
There will be profound challenges on multiple fronts given the neglect from the previous three years. Nothing has been done to healthcare. We pulled out of our historic alliances. We told the world we don’t believe in science or climate change. We told the world we don’t understand the nuance of free trade. We told the world we value relationships with leaders like Putin and Ergodan more than we do with the leaders of democracy.
Most of all we gave our wealthiest record tax cuts on both the individual and corporate levels which juiced the markets with artificial liquidity….yet led to our first and second trillion dollar budget deficits.
So ask all of your your Trump friends this week how much love they’re feeling for their Trump 401k this week? Then ask them where they think that $7.5 trillion of liquid equity went?
Yes, please ask your Trump friends to answer these two questions.
Then ask them what they think America’s GDP rate of loss will be these first two fiscal quarters of 2020?
Please ask and demand an answer from your closest Trump humans in your life. Don’t call them a deplorable. Don’t call them any names. Just seek answers to the questions.
This is no time for stupid people to be left to making decisions. This isn’t like the 2008 crisis per se, but some lessons should be gleaned from that fiasco as to how nuanced decisions should be made moving forward in 2020.