Making America great again is what Donald Trump has always promised to do since he first launched his campaign for the 2016 presidential polls. It appeared that the people of the United States believed in his words after winning a very tight battle against Hillary Clinton. With the next presidential elections coming fast, Trump will need new tricks to convince the Americans to trust him one more time. Unfortunately, with the recent turn of events, it’s becoming less likely that the country will trust him with another term as its president.
Trump has already confirmed his plans for reelection in the 2020 polls. While sounding confident that he will easily get his second term, things are not really going his way this time. The first thing that threatens his reelection bid is the risky trade war that he waged against China, which he believes will raise the US stock market much higher than it would have ever reached in history. Although, political analysts and economists have doubts that Trump’s trade war would benefit the country, In the end, a failed trade war means that the economy of the United States will be crippled. Thus, a new wave of recession might just be around the corner.
Are We Really Entering Another Period Of Recession? There Is A Chance, But It Is Not Guaranteed…Yet
A recession is something that all Americans would not like to experience ever again in their lives. Unfortunately, statistics show that there is an growing chance of a recession in 2020. According to the Bank of America, the probability of a recession in the next year is bigger than 30 percent, while Goldman Sachs cites a growing recession risk with Trump’s trade war showing signs that it would eventually fail. It must be noted, however, that a recession is not yet guaranteed to be in our doorstep next year, but the predictions on the trade war do not look good.
Current Impeachment Raps Will Likely Affect Trump’s Popularity
The notable presidents who ran for reelection but lost with an ongoing recession during their first term are William Taft, Herbert Hoover, Jimmy Carter and George H.W. Bush. If the current trade war indeed results to a recession, then Trump has a lot of problems to deal with to seal another victory. Granted, no one can say if there will be any recession under Trump, but the last thing he needs right now is to lose the trust of the Americans.
Speaking of trust, the ongoing impeachment proceedings in the House of Representatives agains Trump might just be the final nail in the coffin for his reelection bid in 2020. Even as the impeachment trial proves nothing about Trump’s involvement in national security issues, the process is already painting a bad picture of him in front of the public, thus lowering of chances of winning the presidency the second time around. If only the government has efficient IT system similar to ICT vacatures, then there wouldn’t be any problem to prove these cases.