Comment Text:
I am a individual who is in full support of elections markets coming to the Kalshi exchange for me to hedge on.
If another party were to take control of congress, climate actions might be rolled back. This is bad for the economy in the long term, reducing my overall financial wellbeing. I can hedge for this using election contracts, and ensure that in the event of GOP legislative dominance, I get monetary gain now to counteract the future losses.
My field is highly dependent on government funding of research. If another party were to reduce NIH funding, this means that the job market for my field significantly increases in competitiveness. I would use election contracts to hedge that risk.
