·   ·  554 posts
  •  ·  538 friends
  • A


If Democrats win in 2020 it will trigger a Great Economic Depression

If Democrats win in 2020, we are going to see the stock market tank and a recession the likes of which American has never seen before. 

Democrats will be living on the streets, like they do in Los Angeles and San Francisco 

The Trump Economy is setting records, and has a long way up to go...

One needn't be an expert soothsayer to predict that if a Democrat defeats Trump in the 2020 presidential election, taxes will increase. Joe Biden was vice president during the Obama tax increases. Bernie Sanders is a self-described socialist who ran in 2016 with a plan to raise the top federal individual income tax rate to 54.2 percent and to tax dividends and capital gains as ordinary income. Pete Buttigieg has said "Tax cuts for the wealthiest…some of 'em are gonna have to be reversed." Elizabeth Warren has proposed raising taxes by $2.75 trillion over ten years with a new "wealth tax."

Beyond the overall threat posed by tax increases, the Democrats also could endanger specific sectors of the economy.

A "green new deal" or similar efforts to combat climate change by rapidly changing American energy policy might be good for electric car companies, solar-panel installers, and wind-turbine technicians, but trouble if you own an oil or gas pipeline, refinery, or drilling company.

Medicare-for-all or similar pushes for increased government involvement in health care could hurt profits of health insurance companies and the pharmaceutical industry. Axios reports that even Republicans are getting ready to gang up on the drug companies, raising the possibility of a bipartisan deal this year on the issue. The New York Times paraphrased a Goldman Sachs analyst, Stephen Tanal, as saying that "fear of government intervention would probably weigh on health care share prices 'perhaps until the presidential election itself.'"



😥 1
StreetLoc is a Facebook styled Social Media Platform, we are not an Adult-Day-Care, managed by woke kids.
Designed for Family, Friends, Events, Groups, Businesses and People.JOIN NOW

People You May Know

  • More
Comments (1)
    • This was all Donald Trumps fault. The board of SVB was still grieving after his presidency and could not focus on their jobs.

      Only ONE member of failed SVB's board had a career in investment banking - and the rest were Obama, Clinton mega-donors who 'grieved' when Trump won including one who went to Shinto shrine 'to pray'

      Log-in or Sign-up to 'Post Comments'.
      Sign up - Join StreetLoc.

      By signing up, you agree to the Terms of Service and Privacy Policy.
      Featured Posts
      •  · 
      •  ·  StreetLoc
      The blue Verified badge on StreetLoc lets people know that an account of public interest is authentic. To receive the blue badge, your account must be authentic, notable, and active.The Blue tick verification Process on StreetLoc.com works like this:Upgrade to StreetLoc PremiumAdd your StreetLoc username to the bio of your account on another platform using your StreetLoc Referral Code. I.e. Follow me on StreetLoc. (Including your StreetLoc referral code ) Ensure that your StreetLoc display name is not impersonating someone else.Individuals Your name must match the name on your Drivers License.Businesses You name must match your registration documents. Apply for verification of your Profile b
      •  · 
      •  ·  StreetLoc
      StreetLoc is an American social network that makes it easy for you to connect and share with family and friends online we say no to fact checkers, activists, spyware, targeting, political bias, or newsfeed manipulation. In other words, StreetLoc is “what social media should have been," you chose the subject and make up your own mind and the woke are discouraged from spoiling the conversation with their activism. Streetloc is family friendly, please speak as you would in the presence of your children.As Facebook has become more toxic, more and more people are looking to jump ship, but where should you go if you are one of the many individuals and corporations, who have had it with Facebook an
      •  · 
      •  ·  StreetLoc
      The best way to report abusive Content or Spam on StreetLoc is by using the Report link on top of the content itself.  Select the Report Type and then provide us with a description and reason why you are reporting the content. In your report, please provide us with as much detail as possible. StreetLoc will respond to your report within 24 hours.On your Timeline the report button is on the top right of the content. When viewing content on a stand a lone page the Report button is below the content, usually below "Comments" (a circle with an exclamation mark in it).You can report individual comments made on all content within StreetLoc.   Look for the "..." (three dots) below the comment.Don't
      Barry Soetoro (A.K.A. Barack Hussein Obama) - Columbia University- New York#Obama