
I predicted long ago that with Trump as our nation’s illegitimate president, the gains made in the stock market under President Obama’s administration would halt and at least a minor crash would occur. As with everything else which has happened negatively to our nation in the last 17 months, Trump is the reason for everything that is wrong with America. His attempt to ‘make America great again for rich, white, old, men’ is failing in an enormous similarity to his own life.
Trump listens to very few of his advisers; and the ones he respects are white supremacists and old, white, rich men. Commerce Secretary, and close associate of Vladimir Putin, Wilbur Ross, advised Trump to place tariffs on imports from the European Union and China. Every financial expert advised against this move.
Our nation is still recovering from the last Republican president’s failed fiscal policies. This is an ignorant decision made by two dirty old men who are unfit to hold their positions.
Trump has placed a 25 percent tariff on $50 billion of Chinese imports. The second richest nation in the world has responded by taking similar action. Trump is now threatening to add another $200 billion of commodities to that tariff. China has multiple resources which could devastate our economy.
Few Americans actually understand the stock market. However, the one fact which affects the market’s rise or fall is ‘uncertainty.’ Big investors do not gamble, they need facts and guarantees that their billions of dollars will be secure. Trump as created enormous doubt on Wall Street.
Some ‘experts’ believe that the fact that Dow Jones industrials dropped into the negative range for the last year today is temporary. We will wait and see. However, Trump’s lack of financial expertise is dangerous. Until his 2005 trip to Moscow, Trump’s empire was in a nosedive. We all know what changed, but no one is willing to tell the truth. Trump’s life is a farce. He is a con man, not a successful businessman. Trump has accomplished nothing in his entire life without the assistance of others.
If you continue to support him, you have been conned. He has made a fool of you and your family. I pity you; ignorance is a choice, not a biological necessity.
Please tell your friends about the fact that I tell the truth; thank you.
Op-ed by James Turnage
Image courtesy of DonkeyHotey
My novels are available on Amazon; CLICK HERE
