Playing The Trump Card – Ep. 182

Donald Trump

  • It’s official. The unthinkable, according to the status quo earlier in the campaign, Donald Trump is the Republican Nominee
  • Although many wrote him off as a candidate, I never did; I always said he was being underestimated
  • I believed his message would resonate given how horrible the economy actually is and what is really happening beneath the headlines
  • Everybody was proclaiming recovery and that we’re on the right track and I knew that that wasn’t the case
  • I knew there would be a lot of dissatisfaction among the electorate on both sides of the aisle
  • Even after Donald Trump locked up the Republican nomination, everybody was still writing him off
  • The idea was, “He’s going to lose in a landslide”
  • Republican establishment said, “Abandon ship!”, distancing themselves from Trump to maintain the House and the Senate, writing off the White House
  • Maybe run against Hillary in 4 years
  • That was the general consensus
  • Again, I kept saying the the media and the political establishment on both sides were underestimating Donald Trump and the potential appeal of a Trump presidency
  • I think that the speech he gave at the convention really proves that point
  • I thought his speech was brilliant.
  • When I say brilliant, I don’t necessarily agree with everything he said; I clearly don’t
  • I’m talking about the political perspective
  • Was this an effective speech to set the tone of the campaign?
  • In that respect, I think he hit the ball out of the park
  • The most clever thing about his speech is he didn’t go after the Republicans
  • He went after the Democrats
  • He went after their base; their core constituency
  • He is bringing the fight to their turf
  • He went for the women, he went for the minorities
  • Not just African Americans and Latinos, but the LGBTQ and the blue collar workers
  • Donald Trump did not go after the entrepreneur
  • He didn’t promise to get government off your back and free up the businessman from red tape
  • That’s a typical Republican acceptance speech
  • He said, “I’m going to be the champion of the little guy.”
  • The downtrodden, the forgotten voter
  • “I’m your guy! The system has been rigged against you and because I have been part of the problem, I’m the only one who can deliver the solution”
  • I think this is a very powerful strategy
  • Because the Democrats have been taking their constituency for granted
  • What Donald Trump says is, “Why are you blindly supporting the Democratic nominee?”
  • What have they done for you? Nothing.
  • He will bring up the shocking statistics that have been getting worse under 7 years of Barack Obama
  • The horrible unemployment in the African American community
  • The inner city crime
  • The government dependency.  The despair.
  • Why are African Americans handing their votes to a Democrat?
  • The Democrats have let them down and failed them
  • Donald Trump will say, “I won’t do that.  Trust me.”
  • “I will deliver on the broken promises of generations of Democrats.”
  • What about women?
  • Instead of denying the gender gap, he just accepted it.

Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.

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