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‘Well, At Least My Stocks Will Do Better’
Too many people are mitigating the impending tragedy of Trump 2.0 by cheering on the big frat party.
This is the refrain I have been hearing from the universally dejected Democrat voters. People, though, and me included, are not just down but seemingly for the count. There was so much hope for the nation’s first female president, and yet again, here we are, not just beaten to an electoral pulp but even a bit embarrassed.
As down as people are, though, what has been causing a stir, for me at least, is the comment quickly becoming a mantra: “Well, at least my stocks will do better.”
A) Bullshit!
I heard some anti-Trumpers the other day marveling at how the stock market went up “30%” on the day after the election. B) No, it didn’t! The stock market went up less than three percentage points on the day after the election, but it has been going up for almost all of Biden’s tenure, pushing into uncharted territory.
When someone close to me, a young, self-proclaimed feminist activist, said cooly, “This is terrible, but at least our stocks will do well,” my head did a Linda-Blair-from-the-exorcist-spin. This is like saying after a person loses an arm, “Well, at least I will get to experience phantom pain.” Come on…
