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Just What the Heck will be President 45's Kryptonite?

Joe Raedle/Getty Images, Trump Miami 2016 Rally

It is no surprise that the election of Trump and his presidency thus-far have been an anomaly. It seems as though 21st century America has become more politically polarized on either spectrum of the political arena. As much as 19 candidates are officially running for the Democratic party to challenge the incumbent. Trump's first term has been turbulent with the ongoing Mueller case and tense negotiations with China over trade. Yet, it seems to have no effect on his more devoted followers.

Just what would it take to make Trump a little bit on his tippy-toes? The economy.

President 45 realizes that in order to be re-elected, he needs something to boast of to his followers. As of writing this article, FiveThirtyEight has released an approval rating of Trump at 42.6%, which remains to be lower than any previous president except Carter. Although low, it is interesting to note that Trump's approval rating has not been fluctuating but rather stayed stationary. His approval rating has remained unaffected after the whole Mueller report incident as well as during the latest government shutdown. Thus, it is not so surprising that in a recent article by Bloomberg, Trump asserted that there will be a stock market crash if he was unable to win the re-election in 2020.

Unlike other past administrations, Trump is very focused on the performance of the US stock markets and the economy as a gauge for the administration's work. It is not so difficult to come across President 45's tweets of low unemployment numbers and new record highs of stock market indices including NASDAQ and S&P 500. He needs the economy to be under his belt as that would provide the administration with solid fulfillment of his "America First" policies. Unfortunately, trade talks with China and India remain tense and the federal debt has been exponentially increasing as the effect of Trump's tax cuts are taking its toll. The recent Empire State Manufacturing Index has reported an all time low for June 2019 signalling a recession in the coming months.

It seems as though the Democratic party has taken note of this, prioritizing its political agenda to an economic one than a social one. A number of Democratic candidates have promised implementing some form of policy of "free college", taking national stage once again. Senator Elizabeth Warren has initialized a proposal for eliminating student debt of up to $50,000 for those earning less than $100,000.

Nevertheless, this upcoming election is about to be exciting.



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