Trump’s Hurdles to Clear

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In-Brief

1. The Democrats held a mostly boring convention with an endless parade of recorded speeches from politicians and celebrities. Its TV ratings were weak, as was expected.
2. Joe Biden gave a good nomination acceptance speech to the relief of his supporters.
3. Covid case rates had risen recently but are starting to fall again. The death rate has plummeted. Most of the new cases are among young people who have stopped social distancing.
4. Covid-19 is still extremely dangerous. If you are in a vulnerable health situation, continue to protect yourself.
5. The US economy is being re-opened and began a strong recovery in June. That recovery is still on-track as measured by many indicators including existing home sales and the Purchasing Managers indices for manufacturing and services.  The economy is clearly rapidly growing now.
6. Like Biden, President Trump has many political hurdles to clear if he is to win on November 3.
7. Expect the Republican convention to be the polar opposite of the Democratic convention in tone, style, messaging, and substance.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”