this post was submitted on 21 Nov 2024
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The biggest winners of this US elections are the corporations
we'll see. Media companies, gas companies and private prisons for sure win here, other corporations may suffer if they enact most of these policies:
Invading cities with the US military will destroy real estate markets. My guess is this is a bluff.
Rounding up immigrants (lets not pretend they'll be checking documents) will destroy agricultural corps and one of the US' largest exports
Tariffs will drastically damage consumer spending and costs for electronics (which will indirectly hike data center costs).
Tax cuts will radically increase inflation again.
I know it's not a very hip position right now but I think the incoming administration will turn out to be mostly hype. They'll get bogged down trying to get the blue states to comply with some insane piece of legislation on something with no federal jurisdiction, and blame their failure to do anything on that.
I'm thinking similarly and that the Democrats will use the Senate filibuster to block as many things as they can. Of course, conservatives may end up changing the filibuster and ram through all their terrible policies, then they'd only have until the midterms to pass all the crazy stuff they want to pass. Unless they figure out an illegitimate way to stay in power and go full fascist authoritarian on us. No matter what, the next few years are gonna be terrible.