INFOGRAPHIC: 7 Reasons We’ll See “President Donald Trump” (Part II)

Harry Dent

Harry Dent

Love him or hate him – those seem to be the two reactions to Republican nominee, Donald Trump. Only Hillary has higher negative ratings. But in “The Donald’s” case, his supporters are much stronger and much more loyal than the former first lady’s.

Current polls have Hillary leading by a couple of points in a two-way race, but then again experts have consistently underestimated Trump. So, anything is possible.

Everyone thought he would flame out early on. But he routed the entire rainbow of Republican candidates. Bernie did surprisingly well, but could not even come close to beating the entrenched establishment candidate, Clinton.

Both rising candidates have done a splendid job exploiting the deep dissatisfaction of the middle class, while Bernie campaigned against the 1% and Wall Streeters who have garnered the lion’s share of economic and financial gains in the last few decades.

But Trump, he tapped a larger vein.

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He hit right to the heart of the broader middle class by acknowledging that it’s their wages that have been most hurt by foreign workers in Asia and legal and illegal immigrants here in the U.S.

These people are mightily pissed and Trump speaks to exactly what they are feeling. These are the people working as hard as ever and getting absolutely nowhere. Real wages have been declining since 2000 and are back near 1973 levels.

It ain’t pretty.

Donald Trump

This broad middle and lower-middle-class group do not like immigrants, not even the legal ones, because what they see is one more unavailable job going to someone working for far less than they could.

They feel that countries like China and Japan have cheated them out of livelihoods through unfair trade practices. And they do not trust any Muslims.

Here’s my current take on Trump.

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First, don’t count him out. If the economy sharply tanks in the second half of this year – as I anticipate – it will work against the establishment candidate, Clinton.

But, even more likely if he loses the November election, Trump will still have the solid support and loyalty of at least 30% – 40% of the voters.

This country has the most extremely polarized political tensions of any developed country. It’s at the highest level since the Civil War – even greater than during the Roaring 20s and the Great Depression, when the top 1% last garnered 50% of the wealth.

Trump is worth watching and not just for entertainment’s sake, and don’t be surprised if he ignites a movement that splits this country into two or three major factions – kind of a modern day “civil war.” The country is divided and nothing will repair that anytime soon.

Check out Part II of our infographic: 7 Reasons Why Donald Trump Could Be the Next U.S.  President by clicking on the image below – Enjoy!

~ Harry

donald trump

Hello, I'm Harry Dent

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Categories: Economy

About Author

Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.