Well, the simple answer would be if you worked for a company that has stock and it's doing good - you have more job security hence - income. It use to be just getting a job was good - now it's getting a job with benifits (401k plans,ect) is whats happening. More employee benifits and such. Which translates into folks being able to save money and if they choose - they can invest it. The Great Depression comes to my mind. After that crash - folks were out of work and couldn't feed their families. Hopefully, that won't happen again.Again you are drawing a correlation between a company's stock price and company policy. There is none. Profits drive company policy. I worked for one of the largest corporations in the world for 45 years. Our benefits, and hiring/firing practices, were based solely on profit goals met or not met. The recent corporate tax cut gave companies the ability to raise employee salaries or give other benefits they previously did not have. Stock price is irrelevant in such decisions.
Voters may have other things on their minds but I guarentee you it will come down to the economy. Yes, there will be some folks who hate Trump so much they will not vote for him. However, faced with an Elizbeth Warren - they might turn into a secret Trump voter. Originally Posted by Austin Ellen
And again I only have to go back to November 2018 to point out that even with an economy that was even better then than today, Republicans lost the mid-term elections big time. You are a business person. Study Maslow's hierarchy of needs.