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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » The next financial crisis... » Reply #2

Response to canetoad (Original post)

Thu Sep 13, 2018, 10:47 PM

2. Bad news for everyone, I'd guess...

...but the Republican Party should be scared to death by this. We already saw how a crisis in 2008 turned what seemed like a horserace into a clearcut Democratic win. And, this time, the Republican would be an incumbent (seen as more personally-responsible for the economy) who had based his re-election on how well the economy was doing under his management.

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