Friday, November 11, 2016
After the Election
Here's a nice post mortem of the election by Dylan Matthews over at VOX:
Trump also promised to massively build infrastructure while cutting taxes. Since these are mutually exclusive it will be interesting to see which he chooses.
More military means less of everything else, including the things we have the military to protect in the first place. Like rights and such.
Getting rid of the EPA means more rural people (who mostly voted for Trump,) will be buying their water in stores.
Because of reduced taxes and government spending, the demand side of the economy will contract, leading to higher amounts of money being taken out of circulation. Thus continued deflation. And low growth.
The rich have shown that who they really wanted was Trump, at least as indicated by stock prices. Hillary allowed herself to be used by Wall Street. They never loved her as one of their own.