You are not wrong, and I do think that on the individual level, company employees will feel it. Unemployment may go up. This administration though uses the stock market as their barometer so if they are able claim that the S&P and DJIA are up they can claim victory. There are a lot of things they can do to keep stocks artificially inflated such as more rate cuts, corp. tax cuts, removing regulations, reducing the capital banks are required to keep on hand, etc. All of these can work towards keeping stocks high for a limited time but do essentially nothing for the normal person. At that point then its just a race between when the election occurs and when the market no longer responds to the artificial scaffolding.

I have no doubt this administration will hesitate for even a second if they are able to implement a feature that results in short term (through November) gains at the cost of long term ruin.