Trump voters live in the same state as Biden voters. If you collectively punish everyone who lives in a state that voted 55% Biden, 45% of the people you are punishing are Trump voters, because states don’t vote.

Our 401k will go down a bit, a bit of money will be transferred from retail investors to the big players, the rich will get richer and the poor will get poorer. You won’t see so many ads for dumb AI services that literally no one wants. The big players will be fine, maybe, maybe, a few data centers shut down, but most of them don’t.