QuestionSocratic
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Who gains/loses from an economic slowdown
With the market set to take another plunge, and no bottom in sight, and most forecasters now suggesting that we may be headed for a global recession, the natural question becomes, which of the candidates will benefit from a downturn and which will be hurt. Here's my opinion.
Hill - loser - she is (sort of) running on Obama's record (which will get the biggest blame, warranted or not) and her ties to Wall Street will hurt.
Bernie - winner - a downturn plays right into his socialist agenda of the little guy taking the hit while the .01% will be making money by shorting the Dow
Donald - winner - his populist play (anti-China, etc) will attract more of the middle class voters
Cruz - push to loser - while Ted has no specific posture in an economic debate, his wife's association with Goldman could have an impact
Rubio - push to loser - like Ted, he has no economic standing but he does have ties to big money donors
Kasich/Bush - push - on the positive side, they both can point to their budget experiences in their respective states (and Kasich in the House) but both worked for Lehman.
So it looks to me that Bern and Trump will benefit most from the downturn, and Hill will be the biggest loser.
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02-11-2016 09:19 AM |
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