General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMaybe this is why Trump's timeline has yet again exploded into a flood of endless panic-tweets....
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uponit7771
(90,323 posts)empedocles
(15,751 posts)2500 S&P will scare many.
2000 will enable many to see how fake trump is.
panader0
(25,816 posts)While this may be true for some rich investors, the average citizen couldn't even tell you what S&P means.
The majority of citizens are not stock players. They want to pay the rent and feed their kids.
The stock market is not something that is important to most people.
And the majority of those rich investors are repubs.
berni_mccoy
(23,018 posts)They know exactly what it means to them.
PoindexterOglethorpe
(25,839 posts)Not just the elderly.
berni_mccoy
(23,018 posts)empedocles
(15,751 posts)PNW-Dem
(244 posts)Can I get a DOW 20,000?
riversedge
(70,174 posts)the family of raccoons currently chewing their way through the wiring in our president's head are being exceptionally noisy this morning
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Claustrum
(4,845 posts)He polls lowest around the time the stock market dropped 10k points (along with his crazy COVID press briefings). If the stock market is around 20k or under, I am sure he would drop in the 30s approval.
lagomorph777
(30,613 posts)Claustrum
(4,845 posts)Trump's economy polling drops when the stock market had that 10k drop and recovers after it went back up. Dow shouldn't be the economy but some people are programmed to think so.
Lonestarblue
(9,958 posts)That is why Trump does everything he can to keep the stock market going up.
Gallup found in 2017 that 54 percent of people in its poll owned stocks either directly or as part of a fund. While a large portion of total stock is owned by the very rich, I think youre right that at least some of Trumps approval comes from those voters who do have an interest in the stock market. They may also be the more silent Trump voters who want to pay as little in taxes as possible and thus refuse to vote for any Democrat.
empedocles
(15,751 posts)Identity, race, caste, etc. trump votes.
Economic fear is the big one - Covid will contribute to that.
Johnny2X2X
(19,001 posts)The propping up of the markets only accounts for some of it, this is the most overvalued market in US history.
empedocles
(15,751 posts)WyattKansas
(1,648 posts)He is terrified that he will have to beg Nancy to bail him out after he already burned that bridge.
Eventually time will run out of the Republican Pump and Crash Economy, because it is no different than a check kiting scheme.
smirkymonkey
(63,221 posts)empedocles
(15,751 posts)[with no virus economic impact]
Alacritous Crier
(3,815 posts)only the hardcore racists will stick with him.
Trump is toast!
GOTV!
empedocles
(15,751 posts)nixon voters, post resignation, saw fewer who would admit for voting for nixon.
calimary
(81,179 posts)It isnt kinda sad.
Its downright gleeful!
But I wont be celebrating until/unless its safe to do so.
Illumination
(2,458 posts)smb
(3,471 posts)"Delete All Your Tweets In Bulk -- The Best Tweet Eraser"
Grasswire2
(13,565 posts)That bubble is going to blow.
I pray it happens soon, if it's going to keep Trump from another term.