In the midst of the push to remove Trump from office, it’s important to remember what the left said last time a President was impeached. When Clinton was under threat, the media and Democratic politicians were arguing that Republicans should back off—because impeachment was bad for the economy.
CNN and NPR—among others—blamed poor market performance on GOP efforts to remove Clinton, while Democratic members of the House denounced the disruptions to markets caused by impeachment.
Now, Democrats in politics and the media are pushing for impeachment; not a single word about economic uncertainty.
If removing the president is bad for the economy then why are markets hitting record levels? The answer is simple. Markets are shrugging all this off not because removal would be good, but because they simply don’t take it seriously. They know what this is, nothing more than political theater.Read More »