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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.52

-4.4%

Dec 29 4:00 PM EST

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To: maceng2 who wrote (192548)	10/8/2022 4:12:27 PM
From: Rarebird	Read Replies (2) of 218808

Biden would like to remove tariffs from China. The problem is if he does so, he risks alienating part of the base that he won back from Trump in 2016. Labor, especially Blue Collar labor, is against outsourcing, which is a big part of Free trade.. So, Free trade and labor in the USA don't mix well together. Wall Street is Pro Free Trade, but votes Republican because of tax cuts. But they only make up 10% of the population so the Biden Administration does not have them as a priority since 85% of them are not going to vote Dem. anyway. In other words, many vote their monetary interest and already have their minds made up. Politics is a matter of acquiring votes rather than adhering to any standard. I was raised and spent most of my life in NYC where there are Indian and Bengali neighborhoods. I mix with most ethnicities. But I am more interested in in a person's ideas and life views. I'm mostly in the Dem camp, but will on occasion vote Republican. Actually, I don't like either Party, but do identify with certain elements from both sides. My main objection to Trump was his divisiveness.

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