And it Continues…
Trading has been halted on the NYSE with the market down another 1,700 points. It’s clear that investors are not happy with Trump’s response. Trump offered no specifics last night short of pulling up the drawbridge from Europe after the virus already got in. He hinted at economic relief with no specifics. His payroll tax cut, which is only a thinly disguised effort to kill Social Security and Medicare, was DOA on the Hill. There was no discussion of increasing availability of test kits, no information on how local jurisdictions should respond, no words of wisdom on how individuals should prepare.
I’m convinced that Trump is intentionally slowing the distribution of kits because that would “make my numbers go up”. He doesn’t want to know how many people have it, because he’s playing a global television gameshow and he’s determined to declare victory over whoever his fellow contestants are.
The Coronavirus doesn’t give a shit who Donald Trump is or that he’s president and a famous gameshow host. It’s doing to do what it’s going to do. All Trump’s happy talk is doing nothing but more damage.
25th Amendment anyone?