Low interest rates and QE should carry President Trump to victory in 2020
Low interest rates and quantitative easing should extend stock market bubble and keep the debt ridden U.S. consumer afloat until after the election. If Trump obtains an interim trade deal with China this should seal his chances for re-election.
By: Dr. Steve Johnston, author.com
Joe Biden's age and the scandal with his son Hunter Biden apparently have replaced him as the top Democrat in the 2020 presidential race. Bernie Sander's heart attack and his age have apparently removed his chances. Senator Elizabeth Warren is on a trajectory to be the Democratic presidential nomination in 2020. However, because of her far left positions on fossil fuels and the economy, she does not appear to be electable. Many independents and blue collar union workers will never vote for a socialists. Many Democrats on Wall Street will sit out the 2020 election or vote for Trump rather than voting for Senator Warren.
Because of President Trump's salesmanship, his unlimited energy, and the prayers of many evangelicals, he seems unstoppable. The Trump impeachment proceedings is a nonstarter, because a conviction would require a three quarters majority in the Senate, and Republicans control the Senate. The combination of low unemployment, a failed impeachment, and a weak Democratic presidential candidate, may give the Republicans the House in 2020, and give President Trump a clear path to a repeat victory.
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Dr. Steve Johnston