Donald Trump Is Returned To Office
Money Magazine Australia|October 2020
Regardless of who wins in November, Australia won’t escape the fallout from the presidential election
Annette Sampson
Donald Trump Is Returned To Office

CAN LIGHTNING STRIKE TWICE?

It would be a brave punter who ruled out US President Donald Trump after the failure of the polls to predict the outcome of the last presidential election.

In late August, most pundits still had the Democratic candidate, Joe Biden, in the lead but the margin was narrowing and Trump’s voting base was out and rallying behind him.

Left-wing filmmaker Michael Moore, who correctly called a Trump win in 2016 in key battleground states, has warned of a repeat in 2020 with enthusiasm for Trump “off the charts” in key areas.

On the face of it – a poor response to the Covid-19 pandemic, civil unrest over racism and pandemic restrictions, and a weakening economy – you might assume Trump was down and out. But he is a master salesman and has been going hard on “law and order” and the fear factor of a “radical socialist” Biden administration.

KEY DIFFERENCES

Many people, especially those in US-allied countries like Australia, see Biden as a steady hand on the wheel after the unpredictability and erratic behaviour of the Trump presidency. Biden has described himself as a “transition candidate” acting as a bridge to a younger generation of Democratic leaders as opposed to Trump who has jokingly (we assume) encouraged supporters to call for 12 more years rather than the permitted four.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MONEY MAGAZINE AUSTRALIAView all
An outrageous, beautiful monopoly
Money Magazine Australia

An outrageous, beautiful monopoly

Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.

time-read
4 mins  |
July 2024
Drop the anchor to judge value
Money Magazine Australia

Drop the anchor to judge value

Buying and selling decisions should be based on where a stock price is going, not where it has been.

time-read
3 mins  |
July 2024
Powering the AI boom
Money Magazine Australia

Powering the AI boom

Beyond the software and chipmakers, where will the energy come from?

time-read
3 mins  |
July 2024
Get into life
Money Magazine Australia

Get into life

Tucked inside super are products that can protect you from life's inevitable uncertainties.

time-read
5 mins  |
July 2024
Paths to home ownership
Money Magazine Australia

Paths to home ownership

Taking the road less travelled can sometimes deliver unexpected benefits.

time-read
5 mins  |
July 2024
Sold! Quick ways to add value
Money Magazine Australia

Sold! Quick ways to add value

Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.

time-read
5 mins  |
July 2024
Money lessons the kids need to know
Money Magazine Australia

Money lessons the kids need to know

Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.

time-read
4 mins  |
July 2024
Property-investing rules: are they likely to change?
Money Magazine Australia

Property-investing rules: are they likely to change?

The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.

time-read
3 mins  |
July 2024
What's love got to do with it?
Money Magazine Australia

What's love got to do with it?

A rollercoaster of emotions could be driving poor crypto behaviour.

time-read
3 mins  |
July 2024
Are we ready to be cash-free?
Money Magazine Australia

Are we ready to be cash-free?

Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.

time-read
2 mins  |
July 2024