Ep. 115B – Then There Were 10 – #DemsDebate 2020

The Kapital News
The Kapital News
Ep. 115B - Then There Were 10 - #DemsDebate 2020

So the 3rd Democratic debate took place this evening in Houston, Texas. As we make our way further into the 2020 Presidential campaign, we are starting to see the Democratic field dwindle. It was only a few weeks ago that there were over two dozen candidates – now we’re down to about a dozen. While there were only 10 candidates on the stage this evening given the guidelines as established by the DNC, there are still a couple other candidates on the sidelines. During the 3-hour debate there was much discussion centered around healthcare policy. Jabs and uppercuts were thrown at the frontrunners – Joe Biden, Bernie Sanders, and Elizabeth Warren. All held their own and continue to drive policies that resonate with a sizeable portion of the electorate. We anticipate the attacks will increase in volume and will become rhetorically sharper as we make our way through the process. Other topics discussed were focused on gun control, climate change, and immigration. It’s pretty much the same old talking points and ideas from the Democratic party, which will not solve the issues facing this nation. Unfortunately, the policies from the Republican side are not solving them either. In other news, the US deficit has officially hit $1 trillion. The first time since 2012 when the nation was still making its way out of the Great recession. And there’s still another month to go in the current government fiscal year, which ends at the end of September. In addition, we have inflation figures at an 11-year high. Don’t forget that the Federal Reserve meets next week to determine interest rates. We have 50-year low unemployment at 3.7% and inflation around goal, and stock market indexes about to hit all-time highs – so why should the Federal Reserve cut rates? Perhaps they just want to follow the ECB, which did cut rates further into negative territory. Also, the central bank has agreed to another round of QE, with 20 billion Euros a month of bond-buying starting 1 November. It was only nine months ago that the ECB ended their last QE program. Clearly, it is not working and the central bank lowered both their forecasts for inflation and growth. Perhaps an admission of sorts that their “stimulus” measures have not worked – so why will they work this time? Stay diversified, stay vigilant, and stay with The Kapital News. #DemsDebate #Recession #Politics #Economics #EndTheFed #WakeUpAmerica #Peace #2020

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