Wednesday, December 18, 2019

The Presidential Election Made History - 1252 Words

The 2016 presidential election made history when Donald Trump won against Hillary Clinton in a campaign like no other. Mr. Trump, who has never served in a political office, was able to steal the presidency from Mrs. Clinton, although she won the popular vote by a landslide. Along with the new president, there will be new policies and regulations put in place as well as modifications to existing ones. What does this mean for America’s and the world’s economies though? Some experts believe that Trump’s economic policies will increase the inflation rate. Trump’s considered spending on infrastructure will potentially lead to an enlarged employment rate and a larger money supply within the economy. If exchange wars with China and Mexico actually happen, import prices could increase, which will lead to inflation. For example, just after the election results were broadcasted, the Mexican peso plummeted 7.3% opposed to the US dollar. The United States is responsi ble for a respectable amount of Mexico’s imports. Other countries around the world will be impacted by this. Elevated inflation expectations have induced universal alarm among investors, producing a bond sell-off (specifically for fixed-income treasury bonds whose profit gets consumed with a higher inflation rate.) The selling of bonds has caused a fall in bond prices. Bond yields on the other hand have risen. How will Trump affect interest rates? Trump can improve the overall condition of the economy by guiding theShow MoreRelatedWomen And The Presidency : Ending The Misogyny1730 Words   |  7 PagesWomen The Presidency: Ending the Misogyny Looking back to high school American history class, one can open the textbook to the reference section and gaze at the page listing all the previous presidents that served: George Washington, Abraham Lincoln, Franklin Roosevelt, Barack Obama, etc. The one thing that all the former presidents have in common is that they are all men. Never in the 200-plus years of American history has a woman served as President of the United States. However, according to ArticleRead More Elimintating the Electoral College Essay examples1583 Words   |  7 Pagesare looking with this year’s election, the Electoral College is not benefiting American citizens. 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