This is just like the headlines in Bloomberg every day. Stock market went up due to X and went down due to Y where X and Y are some random nonsense.
Trump was elected because some humans (something around 0.3% of the population) happened to feel some different emotion on the day of elections vs. what they felt the last elections. The shift has been small. There's no one factor that explains it.
The world is changing. Like I heard some pundit say the cause for this change was not globalization or trade agreements. The cause was the microchip. Anyone who thinks automobiles will again be assembled by hand in some factory in the rust belt just needs a reality check. Those jobs are gone. They're never coming back. It's not due to globalization. It just happens that in very low wage countries it might make more sense to do more things by hand vs. automation but the Chinese assembly worker isn't stealing an American assembly worker's job.
The US (and maybe other countries) needs to accept the world is changing and to find ways to adapt to this change. Unfortunately it seems most people aren't thinking along these lines and IMO that's partly due to a long history of "each to his own". Erecting walls and barriers to try and keep the world the way it was isn't going to work but also having a fraction of the population that is making profit from the change while the rest is going down won't work either. Looks like you guys have at least 2 years to think about it now.
Trump was elected because some humans (something around 0.3% of the population) happened to feel some different emotion on the day of elections vs. what they felt the last elections. The shift has been small. There's no one factor that explains it.
The world is changing. Like I heard some pundit say the cause for this change was not globalization or trade agreements. The cause was the microchip. Anyone who thinks automobiles will again be assembled by hand in some factory in the rust belt just needs a reality check. Those jobs are gone. They're never coming back. It's not due to globalization. It just happens that in very low wage countries it might make more sense to do more things by hand vs. automation but the Chinese assembly worker isn't stealing an American assembly worker's job.
The US (and maybe other countries) needs to accept the world is changing and to find ways to adapt to this change. Unfortunately it seems most people aren't thinking along these lines and IMO that's partly due to a long history of "each to his own". Erecting walls and barriers to try and keep the world the way it was isn't going to work but also having a fraction of the population that is making profit from the change while the rest is going down won't work either. Looks like you guys have at least 2 years to think about it now.