“Are Stocks Going to Crash if Donald Trump Wins and Republicans Control Congress? Here’s What History Says About Stock Market Returns When Republicans Win.”
April 23, 2024
“…There are two potential issues Wall Street and investors might have with a Republican-controlled Congress and Trump at the helm. To start with, Republicans may aim to pass tax reforms that would reduce corporate and personal income-tax rates. While people and businesses love having extra disposable income, America’s debt levels are rising at an alarming pace. Tax cuts may worsen Capitol Hill’s already unsightly annual budget deficits, as well as increase annual interest expenses for the federal government.
The second potential policy concern with Trump at the helm and Republicans in control of Congress is the likelihood of new tariffs being imposed on Chinese goods. In February, Trump stated on Fox News’s “Sunday Morning Futures” that he’d institute tariffs of more than 60% on Chinese goods if reelected. Tariffs placed on Chinese goods during his first term led to higher prices being passed along to American consumers. It also hurt America’s relationship with the world’s No. 2 economy…”
See the bold? Both of these things are false. Everyone knows the economy was better under Trump. 1st. Tax cuts raise revenue historically not the opposite. This is a fact which cant be disputed. 2nd. Chinese relations were better under Trump. Xi Jinping actually likes Trump. The same can not be said for Biden. This is not a secret. Trump brags about his relationship with China all the time.
More importantly than all this. I think the deep state will hold the economy hostage if Trump is reelected and attempts to “drain the swamp.” The US government is full of corruption. They’ll do anything to stay in power including destroying the U.S. dollar. Long story short. The biggest crash in American history is coming sooner rather than later. Be prepared. Your livelihood depends on it.