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Donald Trump’s reelection campaign was designed under the premise that the economy would be strong through November, but that’s not true anymore.
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Trump also planned to make socialism a central focus of his attacks. But without Bernie Sanders to run against, this argument becomes a lot less potent.
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Trump campaigned on “draining the swamp” of big government. Now he wants Americans to trust in big government to fight coronavirus and save the economy.
WASHINGTON – Looking back now, the night of Feb. 4 was probably the pinnacle of Donald Trump’s presidency.
A few minutes past 9:00 p.m. ET, Trump entered the ornate House Chamber and then glad-handed his way down the aisle, all to the sound of thundering applause from Republicans, who chanted “four more years.”
This was Trump’s third State of the Union address. The 90-minute speech Trump delivered was packed with the confidence, self-flattery and showmanship that have become hallmarks of his tenure in office.
The speech also reflected his optimism about the U.S. economy, a sentiment that millions of Americans shared with him at the time, according to polls. Financial markets were soaring and the unemployment rate was at a historic low. That afternoon, the Nasdaq Composite Index had set a new record high, at 9,467. The Dow Jones Industrial Average, an indicator Trump often touts, closed at 28,807 that day, already well on its way to an all-time high of 29,551 it would hit later that month.
The economy wasn’t the only thing Trump was celebrating that Tuesday night. A day earlier, in the first-in-the-nation Iowa caucuses, Vermont Sen. Bernie Sanders, won the popular vote. Sanders is a self-described Democratic socialist whom, polling indicated, Trump would defeat in a general election.
Trump also knew that the next day he would be acquitted in his impeachment trial in the Senate. For Trump, the verdict would represent a long-awaited triumph over his perceived enemies, including Democrats in Congress, whistleblowers in his own White House, and the “deep state” government bureaucrats who Trump feared were plotting to bring him down.
With his impeachment trial behind him and his approval ratings the highest they had ever been, Trump seemed perfectly positioned to easily win reelection in November.
And, now, almost all of it is gone.
In just over a month, three pillars underpinning his argument for reelection have all collapsed: The strong economy Trump planned to run on; the Bernie Sanders campaign Trump had planned to run against; and the “us vs. them” approach to Washington and the federal government, on which Trump has built his political brand
Thank god our national nightmare is almost over!
The national nightmare just started! if the federal govt can not put the cap on spread of disease by end of April we may have end up with real nasty crisis including serious violence in our hand! (already supermarkets in London and Paris are being looted) Bad enough the economy is in ruins and millions without jobs or money worst if it escaltes in a country that millions are armed!
The national tragedy started 3 years ago when this piece of shit-in-chief was given the US presidency. The Iranian-Americans are safe on the west coast and the north east, but if live in one of those redneck red/Trump states, get a gun and defend your family, property and Naamoos.
I wish I could help you, but I can’t. Just move out!
I think you are under illusion that you are some how safe but no one really is. In california at least there are hundreds of thousands of gang members armed to their teeth. incase of collaps in law and order they can easily cause deadly chaos. Same is true in New York and many other places. There are 100 million plus guns along with 300 million plus ammuniation and not all of them are in so called redneck states.
And exactly what tragedy started as of three years a go? apart the fact that every one's 401K went up, every one got a job and economy started booming before the chinese blessed every one with their disease!
Having lived through the hostage crisis and its aftermath, I am the last person who is under any illusion. I’m safe here because the majority of the people are educated, sophisticated and appreciate the contributions that the immigrant community makes to the US.
As for the disaster of 3 years ago, look at all the racism that the guy has unleashed on the society. The stock market only impacts 52% of the Americans. The rest don’t have any 401k’s or mutual funds. The tax cut that Trump gave to the rich and the corporate America was used to buy back the stocks and drive their prices up, and created $1 trillion additional deficit. The jobs that he has created are minimum wage and Uber jobs. Nothing to get excited about!