Stock Market Will Crash if Joe Biden is Elected, Here's Why
The stock market will crash if Joe Biden is elected as president. If you value the money you have invested in the stock market, it will disappear if Joe Biden is elected. Here's the details.
JACKSONVILLE, Fla. & ATLANTA & CHARLOTTE, N.C. & COLUMBUS, Ohio - Oct. 21, 2020 - PRLog -- If Joe Biden is elected as the next president, the stock market will react almost immediately and you will see some of the biggest crashes in history.
If Joe Biden is announced as the next president, the stock market is going to react quickly in a downward cycle and you will see it crash lower than it has in several years, here's why.
The only thing keeping the stock market from crashing is Donald Trump. Now you might cringe or agree with this, but its a fact. Donald Trumps policies and the way he's run the country has kept the stock market boosted up.
Trumps achieved this by bringing companies back into the U.S. Which created more jobs and more money to be invested into the stock market. When people make more money, they invest more, this keeps the stock market up and keeps crashes from happening.
Trump also did it with tax cuts. When you cut taxes and regulations on companies, they have more money to invest, they hire more people. This helps to keep the stock market from crashing, because companies and individuals have more money to invest.
Joe Biden's left radical plans are to undo all of this and it will create a crash in the stock market, like you haven't seen in the past.
Joe Biden has plans to undo the trump tax cuts. This means higher taxes on companies. Companies now have less money to hire employees, who invest in the stock market. It also means that big companies have less money to invest in the stock market, this will cause the stock market to crash.
Joe Biden also has plans to put mandates back on companies. When you raise taxes and put mandates back on companies, they leave the U.S. This causes crashes in the stock market.
When companies leave the U.S. There's less jobs, this means there's less money being invested in the stock market by individuals. When companies leave they stop investing in the U.S. and this has a downward cycle on the stock market.
Joe Biden will also need to raise taxes on everyone, because of his new green deal. When you raise taxes, companies and people have less to invest. Having less money to invest, will send the stock market into a downward cycle and cause it to crash.
Under Joe Biden's Plan, companies and individuals will have less money to invest. This will cause the stock market to crash to record lows.
True Political Facts
True Political Facts
Page Updated Last on: Oct 21, 2020