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Reply to "A thread of optimism: why do you think Trump will win in 2020?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]I did not and cannot judge any particular person. What I do notice is that independent boomers in my workplace seem to appreciate the labor market we have and the significant 401k increase they have seen since 2016. Whether they will vote against their interests is to be seen.[/quote] FYI - 50% of Americans have no investment in the stock market - not even in mutual funds or a 401k. If they ever start voting their interest things will be markedly different, that's for sure.[/quote] Presumably the other 50% who have investments in the market are not all voting for Trump: the point that I am making is that there are other factors that come into play in how people decide to vote whether Republican or Democrat.[/quote] That was my post and I agree with you. I actually don't peg the economy to a President's performance - the 2008 crash was put into motion long before Bush took office. I think Obama deserves credit for piloting us through that, but I think Obama did what most any leader would have done at that point. The prosperity we are seeing now is the continuation of the upswing that started during the last administration. That doesn't mean I think Trump has done nothing to help it, but it's not like a switch flipped - there have been ups and downs. [/quote]
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