Tuesday, March 10, 2020

Why Trump wins, and why he will continue winning

The idea here is that the Democrats are incompetent and that Trump is not. Of course, the Democrats are saying otherwise. If they would stop and analyze the situation honestly, then they would conclude otherwise, and begin to shore up their problems.

But they won't. They are heavily invested in their incompetence. How? Their class warfare is one factor. Class warfare does not recognize competence. It actually punishes it. The result of this is a growing lack of basic competence, especially within their own ranks. All failures are externalized. It cannot be all everyone else's fault. Especially if it continues. But the failure WILL continue because of the basic unwillingness of these people to recognize their own FAILURES.

A prime example of this is the Spygate scandal. The Democrats keep pushing the erroneous notion that Russia put Trump in the White House. It should be obvious by now that this is not so. But they stubbornly cling to that erroneous notion, and consequently, it makes them INCOMPETENT to deal with the problems that it creates for them.

Another example is this coronavirus scare. They keep pushing ideas that won't help, like OPEN BORDERS. The fact that Trump's limited Chinese travel to this country is credited with the relatively low infection rate in this country. If the Democrats had their way, the infection rate would be a lot higher. The Democrats are pushing what should be obviously a failed strategy in order to hurt Trump. But it will harm them instead.

Yet another example is their haste in trying to exploit the market selloff. When pump prices begin to fall a bunch due to the oil price war, the economy will receive a boost. This will actually help recovery to any of the ill effects of the selloff.

It all happened the same way in the late nineties. Although there was a recession in 2001, it wasn't caused by the oil glut of the late nineties. Actually, the low prices then were considered to be HELPFUL in delaying a recession. The actual cause for the recession in 2001 was the extremely tight monetary policy in the preceding year.

The yield curve was inverted in 2000. It was about that time that the dot-com boom went bust. The FED popped that bubble, and the terrorist attack of 9-11 sealed the deal, and the economy went into recession.

Unless there are some other events and wrong turns, Trump will continue to win. The Democrats won't be able to exploit these events, because they will be focused on the wrong things. This is due to their own incompetence. Trump will win because he is more competent than they are, and it will be obvious to enough people for him to be re-elected.



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