Re:xAI has acquired X, xAI now valued at $80B
by zozbot234 on Friday March 28, 2025 @09:53PM
(#43512030)
If Trump is on a path to tank the economy, the asset markets will react immediately to that prediction and everyone will know it. This may well be the most tightly binding constraint on Trump and Musk's actual behavior right now. Right now markets are doing worse than was predicted after the election but they're not that terrible. This seems to predict that Trump will muddle through somehow, as the most likely outcome.
Seems to be absolutely no basis for that assumption. His approval ratings are in the mid 40s, and the people that vote in primaries aren't exactly the waverers and independents that just wanted a change from Biden.
It could change when he properly tanks the economy, but association with Trump isn't likely to be a problem in primaries when you've got more than half a party's membership so immune to reality they'll insist that not only was Trump doing a good job of running the country in 2020, but he also won that election...