I don’t think it will mean as much as it would seem.
The rank-and-file dem doesn’t own any assets nor do they participate in the stock market, even with a 401k.
Most middle class dems work for Uncle Sugar and their salary and pensions will always be there as long as the power to tax and power to print remains.
The well to do and elite dems are already connected so they either are already short the market or have moved their money to safer grounds. You can bet the Nancy Pelosi crowd are not losing any sleep over this now.
Finally, the legacy media has plenty of time to blame Trump, capitalism, white supremacy even. The propaganda machine won’t allow the dems or socialist policies to get the blame.
If this market downturn signals a downturn in the overall economy, the rank-file democrat will care then, especially if they lose their job.
As another poster said, the overall job numbers have been cooked for quite some time, it’s much worse than what’s been reported.
Remember back in 1929 when the market crashed, an economic depression followed.
Throw in a regional war between Iran and Israel and you have all the makings of real trouble that everyone will care about.
Fewer and fewer government workers have pensions these days. 401(k) and 503(b) plans are becoming the norm for younger government workers.