Why was this election seen as a turning point and now that it is over, what has changed?
Recorded November 9th, 2018
Due to a strong showing in the midterm elections, the Democratic Party will be able to take big steps towards stabilizing the government, by winning many governors races and retaking the majority in the House of Representatives. On this episode of New Business Paradigms, Rinaldo and Kristy focus on exactly why this was such a historic night for the country and how it affects our economic outlook. Rinaldo also takes issue with early reporting on the election results, explains why dog whistles coming out of the white house are dangerous, and why a “dead cat bounce” doesn’t mean much for long-term prospects in the stock market or the economy. We also focus on current global economic indicators and recent catastrophes in California. While stating the unfortunate reality that climate change will only make everything worse, Rinaldo ends the show with some predictions and an unexpectedly optimistic spin on the problems we face.
In case you missed our October show, you can find it here.