Business climate would be better under Vance, at least he won’t throw tariff tantrums and we know what to expect. Companies might actually start hiring again. Trump is so volatile that companies are hesitant to do anything right now, its just low hire, low fire wait it out for the next 3 years.
Companies won’t really start hiring the way they used to until its easier for them to get loans. This is affected by the fed interest rate and the weakening dollar. But even if the fed rate goes to 0, with the dollar the way it is, loans won’t be easy to get. Maybe vance would be better for that, or maybe it’s beyond who the president is at this point.
It should be noted however that companies are fine with spending their money on stock buybacks and C level raises. So I wouldn’t call them hesitant to spend money.
We’ll deal with step 2 after step 1.
Business climate would be better under Vance, at least he won’t throw tariff tantrums and we know what to expect. Companies might actually start hiring again. Trump is so volatile that companies are hesitant to do anything right now, its just low hire, low fire wait it out for the next 3 years.
Edit: I would be surprised if Trump gets removed under the 25th amendment or impeached. The rules state the VP and majority of the cabinet would need to declare him unfit, then President could challenge, then you need a super-majority of two-thirds votes in both houses for it to stand. Very unlikely sequence of events. Unless something drastically changes in the midterm elections, I think its more likely for Trump to stay on as a puppet if he really has dementia or mental decline.
keepin’ the ‘if’ in tariffs!
Technically, that’d be an ‘iff’
Companies won’t really start hiring the way they used to until its easier for them to get loans. This is affected by the fed interest rate and the weakening dollar. But even if the fed rate goes to 0, with the dollar the way it is, loans won’t be easy to get. Maybe vance would be better for that, or maybe it’s beyond who the president is at this point.
It should be noted however that companies are fine with spending their money on stock buybacks and C level raises. So I wouldn’t call them hesitant to spend money.
Exactly. Vance definitely doesn’t have the cult of personality that Trump does. It will create a power vacuum.