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Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.
The Democrats seem to be the only ones that pretended to believe that the economy had recovered in an effort to prop up a President that became a lame duck just a few months into this second term. So yes, I'd say this hurts their chances.
If CNBC makes a report like that, it is at White House direction.
For all he great unemployment stats and such, middle America has not really felt it. If they take the brunt of this stock decline, who knows what will happen. Sadly, if I use my liberal relatives from Pittsburgh as an example, the narrative has changes to it being the fault of Republican plants in the Democrat party: Wolf proposes making PA the highest taxed state in the US? The local union leaders tell their members it is because the evil Republicans planted Wolf in the Dem party 20 years ago. The Dems tell us with government stats how great things are and celebrating their successes while always having a new excuse why things are not going well
If it continues the democrats and their media lapdogs will kick their campaign to blame the Republican Congress, if it turns around they will say it's all due to Obama and democrat policies. Massive media bias is difficult to over come so a tanking economy won't automatically mean the democrats are out.
Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.
This recent downturn has been far too brief and it's far too removed from 2016 to make any specific pronouncements about what effect it will have on this election.
Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.
You obviously don't know much about the stock market.
Corrections are healthy and normal. This is barely a correction, we could still see another 5% decline and it would be fine, nothing close to a meltdown. However, if the markets drop 50% then yes it could hurt Democrats and would be considered a meltdown, but 5-10% from all time highs is nothing, it just shows you don't know anything about the stock market.
You obviously don't know much about the stock market. Corrections are healthy and normal. This is barely a correction, we could still see another 5% decline and it would be fine, nothing close to a meltdown. However, if the markets drop 50% then yes it could hurt Democrats and would be considered a meltdown, but 5-10% from all time highs is nothing, it just shows you don't know anything about the stock market.
Tried but....
Quote:
You must spread some Reputation around before giving it to bmw335xi again.
Saw an interesting piece on CNBC this evening as the market decays. If the market meltdown continues and the economy stalls out or falls back into recession, it's likely to keep the Democrats out of the White House.
Of course not. They'll blame the obstructionist Republicans in Congress.
There has to be a moratorium on some of these catch phrases. Lol
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