Steve QJ
1 min readDec 8, 2024

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The stock market surges after every election. I'm not sure this can be used as evidence of anything meaningful.

And yes, DOGE, in principle, is a fantastic idea. The question is, and it's a big one, what will happen to the money saved? How will it benefit the American people? And what will Elon Musk, a private individual with heavily-vested interests in government contracts do with the power to influence government budgets and even the behaviour of government departments worried about him cutting their funding?

Just imagine if George Soros were given a free rein to reduce government spending in the Harris administration. Would you "absolutely love" that? Or would you apply a more skeptical filter to his intentions?

And how is the economy better than it was in October in a way that can be credited to Trump? Are all the grievances about the price of eggs and gas gone now? Is inflation declining? Are people getting paid more? Or is it just that the relentless drum beat of economic doom and glom that Republicans were playing during the election has stopped?

I think a lot of people are hunting for reasons to justify electing Trump (obviously this isn't you given that you didn't vote for him) and applying incredibly short term or wishful thinking to any positive sign they see while ignoring the many causes for concern. This ability of Trump to hypnotise people needs to be studied in a lab.

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Steve QJ
Steve QJ

Written by Steve QJ

Race. Politics. Culture. Sometimes other things. Almost always polite. Find more at https://steveqj.substack.com

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