America will be “bigger, better, bolder” according to Donald Trump, as the newly elected President of the United States prepares for his second term in the White House. Trump’s victory this week over Democratic rival Kamala Harris means he’ll become only the second person in American history to serve non-consecutive terms as president.
How did a convicted felon who rallied supporters to march on the US Capital in 2020, and survived a bullet to his ear, convince Americans to give him another go? Were they so fed up with their economic woes and soaring illegal immigration numbers that they disregarded every bizarre and incorrect statement coming out of Trump’s mouth? Or perhaps the blame lies at the hands of the opposition, or lack of.
I read a post by Reuters national political correspondent James Oliphant on social media platform ‘X’ that summed up the situation appropriately. He wrote, “It sounds too basic to explain so much but people are fed up. I hear it every day. Being nickled and dimed by companies, the cost of everything going up and up, cars and college and retirement feeling out of reach. The $20 burger. Was it all Biden-Harris’ fault? Probably not. But they take the hit anyway. Trump was the middle-finger candidate in ’16 and he became that again.”I wonder what Anthony Albanese thinks of this outcome in relation to our upcoming federal election. Can that same comment by Mr Oliphant be applied to Albo’s situation, placing Peter Dutton squarely in the frame as the “middle-finger” candidate?
If the RBA doesn’t start dropping rates soon, I’d say there’s an increased chance. The board continues to blame underlying inflation, leaving desperate homeowners struggling into Christmas. This week’s eighth straight hold means the RBA hasn’t budged on rates for 12 months, nor is it likely to until, at the very earliest, February.
I hope you enjoyed the read.
Matt Lancashire
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