Wow, It is only awesome if you want a Democrat elected to the White House and really despise Trump, workers , money doesn’t just go somewhere else, it is decreased, lost or increased and what is not lost from 401ks is often parked in cash, “stuffed in a mattress”.,discretionary spending slows (less $s for restaurants, autos) Right now for 2018 all asset classes are declining and that includes bonds, real estate, gold, etc. please try and understand wealth creation it is not a static or a fixed amount of money. Otherwise the wealth today would be the same as it was one hundred years ago. Trumps approval numbers have been bolstered by the booming stock market, now that it is in correction territory and headed to bear market you can expect his approval to fall along with peoples 401ks . Also pelase try and understand that poor people and poor compnies don’t hire anyone. Companies stocks fall, and jobs will fall along with them. For every 1% increase in unemployment in the USA there are 1,500 more depths.
Welcome to FR newbie. The sky is not falling chicken little and Trump and his base will be fine.