Psychology 101; you clearly do care about my opinion, otherwise you wouldn't be responding to me repeatedly and so defensively.

Whilst the Trump haters can enjoy this moment, the reality of the situation also shouldn't be lost. Donald Trump actually increased his support from 4 years ago, and the final result just shows that the nation is more divided now than ever.

Without the Democrats winning the Senate, gridlock could set in. There will be no chance of packing the Supreme Court. NeverTrump Republicans and Democrats will soon remember that they don't actually like each other. Fiscal conservative Republicans will more than likely mean a smaller stimulus package. This could have a profound impact on the world economy recovering from Covid.

The Republicans made gains in the House, one would think that two years of poor economic performance will see them take it in 2022. 70 million Trump supporters waiting in the wings ready to go up against presidential candidate who tells you what her preferred pronouns are... the next 4 years are going to be fun

not far off!

https://www.thepoke.co.uk/2020/11/05...downfall-meme/

Despite multiple claims by Spanky that electing Biden would crash stock markets it was different in the real world.

Markets skyrocketed Monday morning, breaking records

The Dow Jones Industrial Average shot up over 1,500 points, or 5.5 percent, hovering at 29,887, well above its pre-pandemic peak of 29,569.

The S&P 500 jumped 129 points, or 3.7 percent, reaching 3,636, well beyond its September record of 3,587.

If the next 4 years are good under the democrats, opinions can and will change and attitudes will soften. Trump purposefully whipped a disgruntled portion of society into a frenzy and you can't sustain anger and outrage indefinitely, it damages the mental health and if people have the chance to relax then they will. improved quality of life and meeting of basic needs, it it happens under Biden, will work towards mitigating that.

Plus, you can be sure that many political strategists are now looking at how and why Trump even got into power and taking steps to address those root causes. The USA can't afford another Trump presidency.

LOL I must have watched a hundred of these bloody things.. everything from Brexit to the new iPhone

You're probably right. At the same time, though, I won't be surprised if the GOP turns on him. It's pretty clear that at least half of the US hates Trump and that Trump has pushed some people (perhaps many) to the left. I would think that the GOP would prefer a candidate in 2024 who has a better chance of winning. Trump did, after all, just lose re-election. I think they would be stupid to put him up for yet another (potential) loss.

I think the markets welcome some calmer leadership - sometime in the future.
Republican Senate suggests that corporate taxes will not rise.
And the news about the potential vaccine is hopeful.

You don't seriously think the stock markets today are about Biden?

This is the Dow Future chart of today. Have a guess when the vaccine news came out.

Please show us where the Trump predicted market crash after Biden's election is on this picture?

Look, I am not here to defend idiotic statements. But to pretend that the boom today came from the election results is just not factual.

Biden is doing a very effective job of managing the transition.

"Fiscal conservative Republicans!"

When President Trump took office in January 2017, the national debt stood at $19.9 trillion. In October 2020, the national debt reached a new high of $27 trillion.
That's an increase of almost 36% in less than four years.

That is an increase of $7 trillion in four years, Obama and the high spending Democrats only managed an increase of $9 trillion in 8 years.

Corona?

Who claimed the boom today came from the election results?

I simply stated, "Despite multiple claims by Spanky that electing Biden would crash stock markets it was different in the real world."

Couldn't agree more. Whether one likes it or not, there are 70 million people who thought that either the last 4 years were good for them, or think that another 4 years of a Trump presidency are preferable to a more liberal agenda. The question to ask is how you break down these 70 million people into their main constituent demographics/psychographics, e.g.:
- How many are traditional conservatives worried about administrative overreach, government size, regulation/deregulation, etc
- How many are conservative religious individuals (incl. evangelicals), worried about the increasingly secularization of social life (e.g. liberal-driven separation of state and church, prohibition of religion instruction in public schools, etc)
- How many are just voting R out of tradition/habit, and aren't very interested in politics to hold strong opinions
- How many are just racists/white supremacists, etc.
- Any other major group I may have missed

I have the theory that MANY Americans just are flat-out ignorant of the basic difference between the current center and the center-left, the Democratic platform, and what "socialism" or "communism" actually is.


Edit: this is an interesting starting point for this discussion from the Financial Times:

__________________
HEAVEN IS A BATHTUB WITH BOOKS THAT DON'T GET WET

Thank you, with a lime, please.

In the real world, debt was already up over $3 trillion at the end of 2019 before the virus. And yes Trump made a pig's ear of managing the pandemic.

Are you sure of this? I believe there is a plethora of pigs who would protest any presumption that this might be possible.

Just don’t get P’ed off with my prediction.

I did mention the vaccine results. Since I’d just heard it, I didn‘t feel like overstating. If you thought that was idiotic, that‘s your issue.

Ah well, Jonathan Pie has got the measure of him


https://youtu.be/y0YTM8iO4_s

"Idiotic" referred to the Trump statement that markets would crash. Didn't mean to offend you at all.

Marton made it sound like the market reaction and the Biden election were related. Implied, not literally.

Anyhow, good news for wallet and health.