Jimmy Kimmel fights tears as he says election marked 'terrible night' for everyone

dfdsfdash wrote:

ya played yourself wrote:

Follow the money.

Since Trump's election, the stock market has ripped. The reason is that the markets predict lower corporate tax rates, lower regulation, resulting in higher corporate profits. The vast majority of the stock market is owned by the 1% and the majority of Americans will see NO benefit from a rise in the stock market.

Meanwhile, treasury yields have popped. This is a signal that the markets expect inflation. Trump is going to run the deficit higher and issue more Treasuries, driving yields up and resulting in inflation. Inflation is what drives grocery prices up. Everyone feels inflation and this is where most Americans are going to feel the impact of a Trump presidency.
If you voted for Trump for economic reasons, most of you have voted against your wallet.

Dumbest take ever.

Trump's election has already returned me close to $80k in the market just in the last few days. I'm not some rich guy or someone who inherited money. I just went to college, got a decent degree, got a good job, and made sure to max out my 401k every year. Now that I've been doing that for 30 years, a 3% run in the market returns me enough money to live for a year. I'm not invested in high risk, hyped stocks, just S&P 500 index funds and stuff like that.

If we get the kind of market returns we had the last time Trump was president, I'll be up over a million dollars in the next few years. I'll be able to retire much earlier.

There was little to no inflation during Trump's first presidency. There will be more this time since inflation and rates are currently high, but it's doubtful that it will be anything like it has been in the last 4 years. Inflation is cooling and will cool much more when we deregulate.

Ordinary people like me gain a lot when the stock market grows. If you're young, you might not feel it yet, but a % is a %, and compounded %s is how my account got to the size it is where it now returns ridiculous sums with small % movements. Work, invest steadily and consistently, don't chase high risk investments, and ride out the big market drops and you'll do great in the American economy.

mans man wrote:

former lib wrote:

Yes, by worrying about it how many sexes there are and all the other woke issues, 50-year-old men are worried about. This country was growing soft and it's just a matter of time before someone comes in and takes it. I thought you would understand this and I didn't use many big words so that you can tag along.

dude shut the fvck up you pvssy. I'm about as un-woke as they come. just understand one thing: America just elected the tyranical dictator we've always feared. He's going to come down on the FCC to silence his critics in the media, he's going to use the US Military domestically, he's going to look to change election laws - including the two-term limit, but the first thing he's going to do is declare a state of emergency... giving him licence to ignore laws. Yeah, most of the people who voted for him are probably down with tyranny because it's targeting other people... for now.