AMAC Exclusive – By Aaron Flanigan
Thanks to the Republican House majority, as well as the increasing likelihood that Donald Trump will defeat Joe Biden this November, the stock market is booming – and is perhaps the only silver lining in an otherwise struggling economy.
Despite the White House’s best efforts to sell the supposed successes of “Bidenomics,” 70 percent of Americans believe the economy is getting worse, not better. Moreover, just 32 percent of Americans approve of Biden’s handling of the economy – even lower than Biden’s overall 39 percent approval rating.
The one economic bright spot is the relatively strong gains seen in the stock market over the last year, which Biden has been quick to take credit for. But a look at when the market actually began to recover from a lackluster performance during Biden’s first two years suggests that Biden had little to do with the turnaround, and in fact, has been an obstacle to even greater growth.
Following a lull in the weeks and months leading up to the 2022 midterm elections, the stock market experienced a bump when it became clear that the GOP had secured a majority in the House of Representatives. Following Election Day 2022, the DOW saw a more than 1,100-point bump, indicating that investors felt more comfortable knowing the House would be controlled by conservatives.
They had every reason to be optimistic. The contrast between the economic growth fostered by conservative policies and the economic malaise seen under liberal rule could not be more clear.
Under the Biden administration, cumulative inflation has reached nearly 20 percent, real wages have plummeted, mortgage rates are climbing, and family incomes are down more than $7,000. Meanwhile, high inflation has ravaged American families, monthly jobs reports have been revised downward for months on end – suggesting that the job market is far weaker than the White House has publicly claimed – and Biden has wasted trillions of dollars on far-left spending packages.
On the other hand, under the Trump administration (during which the GOP retained a House majority from 2017-2019 and controlled the Senate for all four years), the 30-year mortgage rate reached a record low, inflation was below two percent, household net worth reached an all-time high, and annual incomes increased by more than $6,000.
Republican policies like the Tax Cuts and Jobs Act, as well as Trump’s targeted program of cutting unnecessary regulations, also generated historic levels of confidence in the U.S. economy. As a result, the S&P 500 and NASDAQ repeatedly reached record highs, and the DOW closed above 20,000 points for the first time ever.
Now, similar patterns have begun to emerge as polling consistently indicates that Donald Trump is well-positioned to topple Joe Biden in November if he receives the Republican nomination—a prospect which seems all but assured following his overwhelming victories in the Iowa caucuses and New Hampshire primary this month. In the minds of American investors, there is a growing optimism that Biden will lose this fall, meaning that a return to Trump-era economic policies could be near the horizon.
Trump himself has recently commented on the direct correlation between his polling successes and positive changes in the stock market: “And I think the stock market’s got markets going up because I’m leading Biden in all of the polls—every poll, every single poll for in states that normally are not easy to lead,” Trump said during a town hall in Iowa. “But I would say this: we have a situation in which I believe the stock market goes up because I’m leading. I think if I wasn’t leading, the stock market would be 25 percent lower. And I think, frankly, if I didn’t win, I think the stock market would crash.”
For the time being, however, the GOP’s slim majority in the House is perhaps the only barrier between a still struggling economy with hope for recovery and complete economic collapse. This November, voters will have a chance to reverse Democrats’ record of economic decay, reassert pro-growth policies, and recreate the conditions that led to the strongest economy on record just four years ago.
Though the media will undoubtedly go out of its way to ignore these obvious correlations, investors clearly know which party’s policies will ultimately drag the U.S. economy out of its slump. And for this reason alone, Republican voters—and every American worried about the state of the economy—have ample reason for hope.
Aaron Flanigan is the pen name of a writer in Washington, D.C.
“the increasing likelihood that Donald Trump will defeat Joe Biden this November”
Have we forgotten at how adept Democrats are at cheating? In 2020 Democrats drug a mentally incompetent basement recluse across the finish line to prop up as a deep-state figurehead puppet. Don’t think for on minute they won’t do it again.
E.G. the Red Wave that petered out before it ever reached the shore. Complacent thinking will not get Trump elected.
DO These”
More DC Cuts
Sunset programs
Defund Dept Education, Energy, Commerce, IRS EPA NEA ATF DEA SES NSA CIA FBI
The stock market is a future discounting mechanism of what is likely to happen in the near-term (1 to 2 quarters forward) and long-term (1 to 3 years forward) future based on a set of expectations involving projected company earnings growth, developments in technologies that improve productivity and profitability, expected economic activity both domestically and internationally, as well as the potential for future government regulations and laws that either positively or negatively impact future earnings potential of said companies.
In general terms, Republican administrations tend to be less onerous on future economic growth than Democrat administrations since Democrats are fond of constantly trying to kill the goose that lays the golden eggs via layer upon layer of ever more regressive and costly regulations, higher taxes and absurd government mandates to achieve some desired socio-economic outcome that has little to no positive benefit to the economy or society as a whole.
Given the current concentration of money inflows into the top 7 or 8 most highly capitalized stocks, the bet is that those specific companies will be able to weather whatever happens in terms of political outcomes the best and thus their valuations are reflective of such. In short, these top 7 or 8 stocks are essentially bulletproof at the current time due to their size, diversity of revenue streams and market caps.
If you look at the broader market, most stocks are currently either up slightly, flat or slightly down on a year-to-date basis. A market trading in a limited range reflecting near-term uncertainty. The uncertainty that currently exists between who will be in the White House and control Congress in 2025. As we get closer to the election, say by end of summer of early fall, and have a better sense of the likely outcome of the election, the broader stock market will then reflect it accordingly. It is far too early to assume the current stock market performance is reflective of any outcome.
Certainly nothing Team Biden has done since Day One has been particularly beneficial to the economy or the stock market as a whole. Any positive performance is due more to the individual companies being able to develop workarounds to the onerous regulations, taxes and policy changes Team Biden has enacted than anything else.
Mr Trump was leading in the 2020 elections. I went to bed and when I got up joe won. The demorats stole the election in a few short hours. It will happen again if the Republicans don’t keep both eyes on the election. Rember: You Can’t Trust The Demorats
Cut the governemnt employment by 50% in all areas except border patrol and white project military. Cut military black money by 80%. give them the choice of having their black project cut or turn it to a non-black project.
Also make is a felony with 10 years in prison for any governemtn paid person that lies to the american people.
End affirmative action, DEI, and Diversity offices.
Make is a felony for any government person to propose, vote for, sign or approve anything they can not prove the cause and effect reason for the item. that means if you want to outlaw fossil fuel item you prove man made global warming exists. Since that is impossible to do. it prison for all the democrats.
If the voters would just see how the dems under O started to destroy America and they are still at it. Ole Joe has made all those that are against him enemies of the state. The dems are talking Trump is a dictator. No Trump is a businessman, not a politician. He can’t be bought by China. There was peace in the world. No. Korea was peaceful. China wasn’t threatening, Putin behaved. Abrams accords were passed. Israel and the Arab states were living peacefully. Iran was quiet. Then came Ole Joe and half the world is burning, threatening more wars and who is getting killed? The average Joe. That means you and me and your neighbor the guy at the next desk in your office or in your workplace. That means your sons and daughters, your parents. But ole Joe is the best. Anyone who makes division among its people, works at getting their opponents locked up, or keep any opponent off the ballot, mutilate our kids, allows our country to be overrun by migrants by the millions, is not fit to run our country. The chaos and the killings, the illnesses being distributed among the population etc etc reeks of dictatorship. It is time for everyone including MSM, big business, big Pharma and Silicon Valley wake up before it is too late and our Republic is gone forever. Freedom isn’t free. We need to stand up, speak up now. Because by our silence they think we are going accord with their leadership. WAKE UP AMERICA.
America needs conservatives in the senate, the house, and the white house, and then we may have a chance of pulling out of this pittiful downward spiral we are currently in!!!!!!!..Bide and his administration is destroying the country!!!!
The horrible cheating in 2020 should make us wary: Many are aware of the need for the following: Eliminate Ballot counting devices…hand counting only. No Vote-by-Mail…No Drop off Boxes….Valid I.D.s This was the way it was before the Political Goons of the Recessive Progressives changed the rules.
The supposed up swing in the stock market is a smoke and mirror crat ploy. Just like ALL of Biden’s and the crats claims. It all “looks” a certain way because Biden doesn’t care about the monstrous US debt and has been riding on printed money. Do you know who and whats going to be paying for Biden’s eight million homeless illegal aliens??? You got it,……more crat debt producing printed money.
Too bad Dean Phillips can’t gain more steam so this election doesn’t seem so “dire” with another Biden-Harris ticket. I mean I wouldn’t vote for him but what I’m saying is sometimes we forget there might be moderate Democrats out there. Somewhere. But it is that dire… Republicans need to campaign against Biden failed policies not attack each other. That goes for Trump too: ignore Haley. Biden is the enemy!
This is good news for republicans. Investors might know what’s happening but most people won’t connect the dots due to media bias.
biden is a disaster – he is a drain and danger to this country – how he even has voters is pathetic!!!! Thank goodness President Trump will be our PRESIDENT – he still is to me! TRUMP IS A GODSEND, biden and the left are dead ends!
You don’t have to be a Mensa material to see the only way out of this mess is to disable democrats from delivering the final blow . For that the brain dead on whom they count would have to be prevented from voting
As a general rule, gridlock in Congress helps the economy. Since Republicans are generally opposed to most pork spending, the economy can still grow with Republican majorities in both houses and with a Republican President.
Read the article and maybe just maybe we should give a few of the Republicans an attaboy or attagirl  but overall, I think we as Americans should raise our friggin standards, and expect a whole lot more from the Republican party instead of scraps. When we have Republican senators producing a bill to give amnesty to lawbreakers, and a republican, Arizona rep approaching Kari Lake to offer her a bribe from East Coast communist Democrats I think it’s pretty simple folks that the whole of Washington DC and yes, a lot of our state governments are corrupt I could give a flip about the constituents they are supposed to serve. But why do they get away with it? It is because of lame articles like this that cover up the problem, and never deal with anything! 
Excellent article.
Vote President Trump.
Onward the momentum to hopeful future by MAGA!
Why do we never see some form of television and/or news articles, whatever, about what is being done to keep these voting machines from being used next November. I think there is one state in the union that has already outlawed them. Why haven’t other states joined in (blue states, unlikely)? I predict that Conservative american people would gather in droves to work voluntarily with whatever entity can help make these machines illegal. Clock is ticking and we’re still at our own one yard line on this matter.
Excellent article Aaron. Well thought out and communicated. Yes, all the facts you’ve presented tie together, if people will read them.
I agree with Terry, we need to have transparency when votes are done on bills, so “We The People” can vote for true Conservative Republicans. Since we pay their wages, all votes should be public, period!
As far as Israel, we might list the country Trump. They have endured more harm
We need to go after the rinos and show their voting records that show how often the they have gone against conservative votes. They need to
Egypt has disastrous policies.
I normally vote REPUBLICAN but I would vote for any candidate in any race who pledges to invade Egypt.
utah is a terrible state, when i visited i was two cents short on bus fare and they didn’t let me on the bus
ny has a horrible economy
china is the top
tennesse and me kentucky were mistakes the us should eject them for haveing poor givrrmebts
If Donald Trump moves Ronna McDaniel down the highway and replaces her with a real director, the RNC will come back to life and the $$$ will come in by the boatload! Maga!
Obiden will take credit and the useful idiots will totally buy in. Really not needed though since the fix is in the works.
This same uphoria existed in 2020 and 2022 and the Repubs were blitzed.
I do not trust the US voter to make the right decision
That the stock market has confidence that Trump will once again be president is at least a hopeful thing. Now if we can just keep from having so many ways that election ballets can be padded and altered, we just might have a chance to save the downfall of the U.S. as a Constitutional Republic.
Republicans are rescuing the economy? I went to the grocery store yesterday after having some maintenance done on my old Toyota and I sure didn’t feel “rescued”.
The blatantly spineless Speaker of the House, Mr. Johnson speaks strongly about refusing another dime to Ukraine without the too late to fix problems on our border are seen to. EVERYONE knows this is BS. The man like most of the House members before him are all bought by the mega military contractors so everyone knows Mr. Johnson will provide the 61 billion for the little green Nazi supporter or rather to the arms companies despite said companies not having the production ability to provide the arms the little green clad Nazi insists on. In reality the little penis piano player could care less if the additional funds are received as the creature is a multi billionaire whose wealth was made in such a way as to make Pelosi blush.
Yep despite the blather from Mr Peabody……I mean, Mr. Johnson the borrowed funds will be provided ever increasing the size of our out of control debt making us ever more a future slave to our debt holders. Love your grandkids? They will hate you for allowing them a life of overwhelming debt with no hope of a home, a decent paying job or simply not having the ability to walk down the street without some face tatooed savage from some unknown country attempt to kill you with the knife he bought from the money DHS gave him as an aide to “assimilate”.
God bless America
Repubs in Colorado are as poor rep as many Democrat States, just as much liars. I KNOW! I am now Unaffiliated due to the immorality reps called Republican. It’s not just Halley that is a skunk. With Obama wickedness running America, does anyone believe it’s just Biden?
Trump all the way.
Why does the National Debt keep increasing if economy is good? And are the Trump tax cuts working & helping or just increasing debt $1 Trillion per year? Appears that tax cuts have help the elite class more than other classes & what is impact?