Skip to main content

Why so many blacks will vote for Trump?

October 12, 2024

Why so many black Americans will vote for Trump?

In one word: racism. In another word: convenience. Some blacks are as racists against immigrants as Trump and the rest of MAGA supporters. Some blacks are counting on benefiting socioeconomically from Trump's closed border and anti immigration policies. Blacks, as all other humans, votes based on perceived convenience. For many, the perceived convenience is to stick to the tradition of voting for the Democratic party to secure more socioeconomic privileges and protections. For some blacks, voting for Trump looks convenient because they see immigrants as their competition for socioeconomic privileges in our country. Both views make sense. While Harris will carry the vast majority (80%) of the black vote, Trump may get up to 20% of the black vote, which would be a record. We predict that Trump will win these elections by a comfortable electoral college margin higher than the one in 2016. 

Why will Trump win?

Racism against immigration. These elections are not about the economy, which is almost perfect. Trump cannot improve the current economy. From an economic standpoint, the Democrat's "open border" economy is a superior proposition than Trump's closed border and tariffs economy. However, since the vast majority of immigrants are non-white, millions of white Americans are incredibly uncomfortable and living in emotional pain. Since the immigrants do the jobs that poor Americans (both whites and blacks) don't want to do at the current labor market rates, many poor Americans (especially blacks) resent the immigrants as unfair competition. 

In sum, whites see immigrants as racial "pollution" and blacks see immigrants as economic competition. The immigration issue is complicated and doesn't have an easy solution. The "New World" was established on white Christian supremacy. 

It all began on a day like today (October 12th) 532 years ago. On October 12, 1492, Italian navigator Cristoforo Colombo discovered a transatlantic maritime route from Europe to the New World. He thought that he had arrived India, and died thinking that he had found islands off the coast of India. Anyways, after 5 centuries of colonization, many things have changed and political white supremacy has eroded significantly. Blacks are no longer invisible shackles although many remain psychologically oppressed and colonized. Many whites have been unable to realize the American Dream despite five centuries of relative privilege. There are millions of Americans who resent deeply the "fast" erosion of white supremacy and the fast rise of non-white immigration. The emotional pain is such that many fall into the trap of racism and are ready to sell out to our modern-day Hitler, Donald Trump.   

Now you know it. 

Live well. Die better. Enjoy.

www.creatix.one

Comments

Popular posts from this blog

When will the Tesla bubble burst?

December 11, 2024 When will the Tesla bubble burst?  We don't know Fools rush in. It's impossible to know exactly when the Tesla bubble will finally burst. Unfortunately for us at Creatix, we began shorting Tesla too soon. We are down almost 40% on our position as of today. We are not fooling ourselves thinking that we were ever make money on the short position. We truly doubt that Tesla can go down 40% any time soon.  We would love to add to the short position, but it would exceed our $3,000 limit on the stupid bets that we do for fun. We're not Mr. Beast. We have a very limited budget for ridiculousness. We would love to short Tesla tomorrow morning at the ridiculous share price of $424. Tesla is trading at an incredible 116 times earnings, which gives Tesla a market capitalization of $1.32 Trillion. Elon Musk added today $13.4 billion to his fortune. Yes, $13 billion in one day. Yesterday, he had added $11 billion. Yes, that's $24 billion in 2 days.  Six months ago, ...

Will prices go up or down during the Second Coming of Trump?

December 12, 2024 Will prices go up or down during the Second Coming of Trump? President-elect Donald Trump has acknowledged the difficulty of reducing grocery prices, stating, "It's hard to bring things down once they're up."  Lower Energy Costs and Better Logistics Trump hopes that lower energy costs and improved supply chains may prevent significant price increases on food. However, many economists believe that Trump's tariffs on foreign countries and massive deportation of illegal immigrants, which include millions of undocumented farm workers, will increase food prices.  Additionally, while Trump emphasizes the role that potentially lower energy prices may have in food costs, experts note that energy constitutes a relatively small portion of food production expenses. Energy prices may also increase despite experts forecasting that they will stay relatively low or go further down. After all, economists and financial experts are wrong often, almost all of the t...

Is there a Tesla bubble?

December 10, 2024 Is there a Tesla bubble? You bet. As of December 10, 2024, Tesla (Ticker: TSLA) is approaching an all-time high valuation, with a current share price of $401. The record closing price stands at $410, achieved on November 4, 2021. This gives the American electric car maker a market capitalization of $1.26 Trillion.  Tesla is trading at 110 times earnings. The average price to earnings ratio in the "traditional" automotive industry (excluding Tesla, and also excluding Chinese car makers) is about 6.7. That is, while almost all car makers in the world trade at 7 times earnings in average, Tesla is trading at 110, which is 15 times the industry average.  Major Automakers (Excluding Tesla and Chinese car makers) ranked by P/E: Subaru Corporation (Ticker: 7270.T): 12.0 Suzuki Motor Corporation (Ticker: 7269.T): 10.0 Toyota Motor Corporation (Ticker: TM): 9.70 Isuzu Motors Limited (Ticker: 7202.T): 9.0 Honda Motor Co., Ltd. (Ticker: HMC): 8.0 Mazda Motor Corporatio...