Hacker News Reader

Comment by blisterpeanuts | Hacker News Reader

What goes up, must come down. The stock market is cyclical and a correction is bound to happen. I don't see why a Trump presidency would be bad for the market. Maybe it would take a short term dive because of his stance on protectionism, but long term it would probably rise because of his goal to repatriate dollars and stimulate domestic manufacturing. Right now, it's the uncertainty about Senate and presidential outcomes that might spook investors. Even the Supreme Court is in play. We live in interesting times.

View on HN

Protectionism would send the market in a tailspin down. You should read some more about the great depression and its causes

Yes, the stock bubble burst, and Hoover's attempt to impose tariffs backfired badly.

I doubt that Trump would implement protectionism. His rhetoric generally points to leveling the playing field rather than simply banning foreign imports.

He talks a good talk about screwing the Chinese, but when push comes to shove there's nothing he'd be able to do about the trade imbalance.

> His rhetoric generally points to leveling the playing field rather than simply banning foreign imports.

His rhetoric is consistently vague, which allows people to read what they want into it.

> He talks a good talk about screwing the Chinese, but when push comes to shove there's nothing he'd be able to do about the trade imbalance.

There's plenty he could do about the trade imbalance; for instance, net imports necessarily must be balanced by a capital inflow; obstruct the capital inflow and you prevent the trade imbalance.

Of course, doing so would likely be disastrous, but its not impossible.

anything positive about trump gets shilled to the basement on the internet, cable news, ...

I'm not sure about that. I think Trump gets a lot of play as a product of New York, compared to the rest of the republicans. /r/The_Donald rules reddit; often times every 5th story comes from that subreddit. These thing have contributed to his success.

i wish i could believe you. everytime i venture to r/all, it's littered with sanders believers and their conspiracy theories.

Sanders believers are the new Rand Paul believers of this election cycle.

Hillary got to where she is today by doing well and failing in primaries and then contributing significantly to the administration and its agenda.

Reply on news.ycombinator.com