This blogpost will analyze Former President Donald Trump's debate transcript from the ABC News debate on September 10, 2024 with Vice President Kamala Harris. This blogpost focuses on the words he used in the debate, used without editing or 'cleaning up duplicates', based on the ABC News (partial) transcript released on September 11, 2024 here. In 90 minutes he spoke exactly 1,033 words, about 8% fewer than VP Harris.. Twenty most frequently used words:
These are conversational words, easily spoken words, fairly balanced between positive and negative. His topics were generally active, about the world, people, and convey a sense of urgency. It was very conversational, fully of storytelling. He did say Biden 13 times. He said Great 11 times. There are different styles present (going - rebel, know - opinions, look - sensing, like - feeling). The top three words cover the gist of it: People, Country, Going. If I gave you a sentence to finish that said American People and our Country are going __________, I think you could fill in those blanks.However, with the exception of Never (27 times), he was pretty positive or at least neutral, with a focus on time. Maybe we are running out of time. There was a large discussion of foreign policy and national security that was covered in another blog-post, so we will leave it there.
President Trump discussed the economy quite a bit.
He spoke about Crime (10 times), and discussed Abortion (8), Criminals (8), and Destroying (8), Destroyed (5) America. He discussed Killed (8) and Afraid (7). I remember his discussion of firing government employees that do a poor job Fired (5), and Fire (4). He did lightly support the Police, with four mentions. Finally, the key topics of the day in politics were mostly all covered a few times in Trump's debate answers. He covered a very broad range of topics. Here are some general observations after watching the debate live two days ago. 1. President Trump was passionate, or at least had a high emotional content, by the end of the debate. I think he cares deeply about what he was saying, and what he is seeing and doing. I detected a little fear of World War 3, of America losing her way, and her power, through the introduction of 21 million illegal immigrants from 168 countries and through a world without a SuperPower, or Super Hero? 2. President Trump reminds me of when I sit with certain older men, like I used to with my father before he passed away, and hear them tell stories of their past. Bruce Springsteen's song "Glory Days" always comes to mind (and is worth a listen if you don't know it). President Trump tells stories. He is a "Rebel" in the nomenclature of Dr. Taibi Kahler (Mastery of Management) who wants you to react to, and learn from, his stories. However, this debate told the same stories he has told on the campaign trail. I had a sense of hearing the same things, just in a different format. President of Hungary says he is a good guy, the Taliban leader stops sniping US soldiers, how the wars would never have started, and how we will close them out quickly through diplomacy (he never suggests killing, only talking). 3. President Trump did not answer any question directly. This did not sit well with me. 4. There were two significant new points from President Trump, and that was National Security. I recall the early comment about World War 3 and how we are heading straight towards it with the Biden/Harris administration. He mentioned negotiations from a position of strength preventing war, and how things said early in the Administration, the lack of negotiations by the current administration contributed to war breaking out, along with the visible sign of 'weakness' or 'negligence' in the withdrawal from Afghanistan. I still remember people falling off US military aircraft as they clung to tails or landing gear for dear life to exit the country. I think on those we left behind, and the weapons, and military bases, and materials, and friends / collaborators who were left to face the new Afghan government. This is a place where I agree with President Trump and I fear for my children. The second point was the Affordable Care Act or Obamacare. He suggested we keep it, improve it, and only replace it if we have something better and cheaper for American insureds. We agree, our health care costs have skyrocketed higher (private insurance) since Obamacare. We are not sure why that is...but somehow the higher costs of guaranteed coverage, kids eat free until 26 years old, new healthcare providers (e.g., CVS and Walgreens and Immediate Care), and other added benefits are spread to us too. Our 'best' healthcare option has a $13,000 maximum out of pocket, per year, and this year we paid thousands in costs before the deductible kicked in. That is on top of already higher premiums (maybe $2,000+ per month for a small family). 5. The immigration point was lost on most listeners, but I think I understand what he is saying (my second largest driver is Rebel, so I have a good ear for it). In a nation of strong norms and cultures (we have many cultures, but there are shared values and ideas), the influx of a large number of immigrants can change America, especially in pockets. He never explicitly said "Little Italy" in New York City or "Little Havana" in Tampa, Florida, or the fact that there are more Poles in Chicago than Warsaw (at least there were when I last looked). However, his anecdote that Haitians eat outdoor dogs and cats (lots of cultures eat small animals), was not about those poor cats stuffed in a bag, but about a challenge to our norms and values when 20,000 immigrants from a strong, foreign culture migrate into a town like Springfield, Ohio (58,000 people in 2022). If we can control our border, and our immigration, then we can ensure that the country can handle the influx, distribute it, and ensure we have social services, schools, police presence, jobs, and protect the current groups in the same socio-economic class (remember Black Jobs.) However, this point gets lost in polite company, when the focus is on political correctness, and the message is list. President Trump is an old man who grew up in a different era, and tells it straight. When 20,000 immigrants enter a small city, they want to work, and will take any job, for any legal pay, that will have them. They may not have language skills, or transferrable educational credentials, but they will work hard. Those jobs likely were held by someone, who now has to find a new job (hopefully a better one), but could end up unemployed and forced out of their neighborhood as it changes to the influx culture. President Trump made his argument in his closing remarks. 1. Why hasn't VP Harris done the things she speaks about? Because these are fringe ideas that America does not believe in, like giving up fossil fuels. 2. America is weaker now, being laughed at. America is no longer a leader (SuperPower), and are not central to events. We are heading into WW3. "We're going to end up in a third World War. And it will be a war like no other because of nuclear weapons, the power of weaponry. " 3. Illegal immigration is destroying our country. Here is the Word Cloud (thank you to wordclouds.com). https://imgdlvr.com/pic/wordclouds.com/20240912-8614/public If you would like to collaborate on activities like this, or receive a deeper briefing, please contact us here.
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Stock Market BLOGJeffrey CohenPresident and Investment Advisor Representative Archives
September 2024
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