People Don’t Take Trump Seriously

The stock market closes in 75 minutes and the S&P 500 is up 0.65% on the day after a major party presidential candidate – with a legitimate shot at winning the election – said that there is a stock market bubble being propped up by the head of the Federal Reserve playing politics in order to make President Obama look good. By the way, that’s the Chairperson who will still be in that position when the next president takes the oath of office in January. Her term as chair ends in February 2018, and her term on the Board ends January 31, 2024.

If it were anyone other than Donald Trump making that accusation, the stock market should have reacted badly. Because Trump has said so many things which aren’t true, this statement just gets brushed aside.

This should worry the Trump campaign insiders and supporters much more than a lackluster performance in the debate last night. He’s not likely to win over the college educated voters he needs to win the presidency if nobody takes him seriously.

About tonyj126

I'm a 50+ married man who always seems to have a large backlog of work to do, but also a lot of flexibility in my schedule. Much of the work I do is volunteer or taking care of extended family members. I suffer from, as my priest calls it, "the sin of self-sufficiency," which means I can figure out how to do most things myself, and consequently, reduce the need for community to solve problems. As a logical extention (at least to me), I find myself called to comtemplate the country's and the world's woes and offer my observations. I hope someone out there will find them useful.
This entry was posted in Economics, U.S. Politics, Uncategorized. Bookmark the permalink.

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