And the $ is dropping against the £ and the €. Nice to know that the markets have something bigger to worry about than Brexit and the “whiplash” political statements coming out of the UK.
I have read some interesting comments about the 2016 US election campaign. One of them was about how it will change campaigning in the future as it is possible to be a “real person” and still win votes. Campaigns have almost been destroyed by one or two unfortunate statements. Now they know you can say all sorts of “unacceptable” things and the LGBT lobby amount to about 0.8% of the votes. The pink frilly skirt amount to about 3% of the votes and the rest want to know what the candidate really thinks. Love them or HATE them, they really want to know.
Trump is talking about repealing affordable healthcare and voters are voting for him. Why? Because they paid for their health insurance and they don’t see why they should pay for everyone elses. In America those who stand to gain from “Obamacare” are actually less than those who stand to lose. Or at least that is how it is viewed by the majority of the population. Give it a generation and anyone who wanted to take away affordable healthcare would be lynched. But it needs to be there for a generation to enable the attitudes to become ingrained.