The Lincoln Project Numbers Don't Lie
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Apr 25, 2025 This discussion dives into the significant impact of political uncertainty on market stability, particularly with auto tariffs in the spotlight. It also highlights Trump’s plummeting approval ratings, focusing on his failures in economic management and immigration. The conversation uses the metaphor of a finger trap to illustrate Trump's precarious trade negotiations with China. Additionally, it examines how public perception has shifted due to media influences and the ongoing repercussions of the pandemic on political dynamics.
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Trump's Approval Ratings Collapse
- Trump's approval ratings have collapsed across all major public and private polls.
- Even his strongest card, immigration, is failing to maintain his approval numbers.
Trump's Economy Image Shattered
- Trump's image as an economic savior is shattered due to repeated self-inflicted political and economic failures.
- The trade war has damaged trust in the American economy and helped China politically.
Markets Need Certainty and Predictability
- Markets crave certainty, predictability, and adherence to the rule of law.
- Avoid erratic behavior and unclear policies to maintain economic confidence.