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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA question for the class... Say the Dow drops below 20,000....
So we can agree, I think that this crash is not good news for the Orange Asshole.
But at what point does support for him among the investor class collapse? I mean, they are taking it in the shorts right now (and so is my 401K), but so far, they've supported him. If the Dow drops through the psychological 20,000 barrier, do they finally abandon him and embrace the steady, competent leadership offered by the Democrats (we're hear to clean up the GOP's mess.... AGAIN).
beachbumbob
(9,263 posts)Zoonart
(11,875 posts)Let that sink in.
Legends303
(481 posts)such as layoffs and decrease in wages.
BigmanPigman
(51,617 posts)They have to have it affect them personally before they take it seriously.
True Blue American
(17,988 posts)Obama left office now. It is hurting most everyone because most have retirement funds invested.
exboyfil
(17,865 posts)Those of us who are saving for retirement have been investing all during the run up. If we were investing to get the 50% return that Trump was mocking us for not getting, then the situation would even be more dire.
This is my go to Trump quote. We need campaign ads around it.
Trump: STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401KS DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?
kairos12
(12,865 posts)live love laugh
(13,123 posts)Orrex
(63,219 posts)And his fuckhead cultists will reaffirm their worship every chance they get.
It's unrealistic to think that a mere worldwide bio-economic catastrophe will shake their faith in the worthless orange asshole.
Yavin4
(35,445 posts)after Bush II. Were investors grateful to him and the Democrats?
spanone
(135,857 posts)Brainfodder
(6,423 posts)...an easy starting point?
Forget anything else, that is the main source keeping this insanity alive?
Cosmocat
(14,567 posts)They will dutifully eat his shit like the GOP does.
Mariana
(14,859 posts)Therefore, the Dow below 20,000 eliminates ALL of the gains since that day.
Naturally, Trump's worshipers will rationalize and make excuses to convince themselves nothing is his fault, he did everything right, and things would be much worse if Hillary was President.
Happy Hoosier
(7,365 posts)I'm thinking more of the ones who justify their support based on their wallet. Lots of the investor class are amoral. They don;t care what he does as long as he makes them money. But if he's not.... do they seek more stable leadership?
lastlib
(23,263 posts)...for giving them a good buying opportunity.
The rest of his cult will blindly worship him for sticking it to George Soros.......
greenjar_01
(6,477 posts)Just sayin'...
Of course, that's the rubes. The German investor class was done with Hitler after Stalingrad.