The GOP will make 1933 Fireside Chat claims for Trump’s Easter economy claims, but the reality was the bounce came from word of the Congressional stimulus package moving toward agreement.
Pelosi on call w/Dem caucus: “We're in the red zone” and hopes House can pass coronavirus package by quick voice vote.
But she warns that that will depend on whether GOP can resist adding poison pills that will kill the bill— Scott Wong (@scottwongDC) March 24, 2020
BREAKING: The Dow is down 28% from its all time high. #TrumpCrash
PS – The stock market was up 62% under Obama after almost four years. Trumps gains have been wiped out since inauguration.
Facts hurt sometimes donÃ¢ÂÂt they?
— Norville Barnes (@NorvilleBarnes0) March 24, 2020
Dow Jones Industrial Average has recorded its biggest one day rise since the Great Depression (although still a lot of lost ground to make up). S&P 500 and Nasdaq also bounced on signs that Congress is close to agreeing $2 trillion bailout deal to support US firms and workers. pic.twitter.com/56ANxCsBqh
— Joel Hills (@ITVJoel) March 24, 2020
When the Dem package was unveiled this morning the Dow went up 1200 points. They're fine.
— Long Paul (@LongPaulLA) March 24, 2020
What is even the point of this headline? Ã¢ÂÂDowÃ¢ÂÂs best day since 1933Ã¢ÂÂ The stock market is going up and down because of computer algorithms designed to make money on volatility. This is no indicator of anything at all. https://t.co/rfRiUniW8v
— Charles Como – Underground.Net (@underground_net) March 24, 2020
— Jeff Stein (@SpyTalker) March 24, 2020
What on earth is the president doing? One possibility is that he’s not really serious about lifting the restrictions, and is just blowing hot air to make sure the stock markets don’t get scared downward any further. Trump is known for his short-term thinking, responding to even complex issues with improvised day-to-day or minute-by-minute antics. Maybe that’s what’s happening here, too.
But maybe he’s serious. If so, here’s a modest proposal: As an example to his followers, Trump and his entire White House team can go first.
To really boost confidence, Trump could go big and bold, temporarily relocating White House operations and personnel to the hottest coronavirus spot in the country, New York City, and relax restrictions in a place where all can see. He could move his Resolute desk into his Trump Tower office and could instruct his White House staff to take the elevator down at lunchtime to patronize food carts and restaurants, take the subway and buses to work, and play pick-up games of basketball.
To further demonstrate his sincerity, Trump should also order his entire family to break out of their life-support cocoons to take jobs as cashiers, deliverymen, nursing home janitors, bus drivers, EMT assistants and other positions that require regular contact with potentially infected people.
Of course, Trump won’t do any such thing. He’s a germaphobe whose prize possession is his family. But his love of family makes it fair to ask why he seems so eager to sacrifice other people’s families while offering no corresponding sacrifice of his own. (Is he really advocating getting-coronavirus-to-own-the libs?)