Opinion: Why Trump will lose in 2020 by rickjnewman
With unemployment at a 50-year low and the stock market near record highs, President Trump should be a shoo-in for reelection. He’s not.
The economy isn’t strong enough. There probably won’t be a recession by Election Day in November, but there will still be plenty of discontent. Income inequality has worsened under Trump, with the wealthy benefiting much more from a booming stock market than working- and middle-class Americans. Evidence continues to mount that Trump’s signature achievement, the 2017 tax-cut law, benefited businesses and the wealthy more than ordinary workers.
It's also possible recession fears could return later in 2020, just as they materialized in the summer of 2019. And some traders expect stocks to flatline or drop in 2020, perhaps even entering a correction that ends an 11-year rally. Even small fluctuations in confidence could be enough to sink Trump.
Trump’s health care blind spot. Even in a decent economy, health care is a chronic problem for some people who don’t have insurance and others who do but still can’t afford the out-of-pocket expenses. Trump has no plan on health care, other than continuing to try to dismantle Obamacare, otherwise known as the 2010 Affordable Care Act.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Trump 2020 campaign raised $46 Million in final quarter of 2019Trump's 'unprecedented fundraising is testament to his wide grassroots support and his stellar record of achievement,' Trump 2020 campaign manager Brad Parscale said.
Lire la suite »
Democrats' 2020 split risks handing Trump a big advantageAnalysis: Even without a consensus standard-bearer, Democrats could make the case for their party if they could agree on a direction — other than away from the president.
Lire la suite »