Pages

Sunday, May 23, 2021

Will Biden's Systemic Race and Gender Discrimination Agenda Harm U.S. Markets?

It seems that President Biden's agenda and policies (executive orders, executive actions, and partisan laws passed by congressional Democrats) are rife with systemic race and gender discrimination...towards white males...and the courts are ruling against that, as described below pertaining to COVID-19 relief. 

No doubt, there are, and/or will be, many other court cases in the works pertaining to other situations where discrimination policies have been enacted.

It's an odd position for Joe Biden to take, considering he is a white male...as are many in his administration. How long will his white male (and female) voters' loyalty last? And, why is he dividing America...in direct contravention of his "unity" speech that he gave when he was sworn in as President? 😕

Finally, how long will U.S. markets remain strong and solid if the President weakens the country, particilarly its economy and national security, as well as the well-being and morale of his citizens, with his divisive and punitive actions? 

The S&P 500 Index (SPX) is in a precarious spot, as I outlined in my post of May 21, so Biden should immediately change course and abide by his sworn oath to protect and unify, not destroy, the country and strengthen it in the process.

Source: The Hill