Yesterday, Donald Trump gave another press conference on the coronavirus. This time, he tried to appear more somber and adultlike. He even said the media was doing a good job. Then, the stock market dropped nearly 3,000 points, which was the market’s worse day since Black Monday in 1987.
And there’s no wonder why the market keeps going up and down. Sunday, Donald Trump said he had the virus under control. On Monday, he admitted he didn’t. Then, he said this crisis could last until July or August. He even said we could be headed to a recession. All of this after the Federal Reserve slashed interest rates to zero, which means they can’t go any lower.
The stock market’s going to do what it’s going to do. It’s really hard for a president to control it, but when a president demonstrates he doesn’t have a clue about anything, especially during a worldwide crisis, the market is affected.
Stores are closing. Restaurants are either closed or only offering takeout. Sporting events and conventions are being canceled or rescheduled. Primaries are being postponed. People are losing money. Donald Trump is turning into Herbert Hoover…but with less ethics, intelligence, and ability.
Senator Mitt Romney has floated the idea of giving every American $1,000 which is probably the best idea a Republican has proposed since Eisenhower proposed the interstate. And this idea was stolen from a Democrat, though watered down. Former presidential candidate Andrew Yang ran on a campaign of giving every American taxpayer $1,000 a month. Right now, that sounds like a great idea and it might go farther for the nation and holding up the economy than bailouts of banks, airlines, and cruise lines. Mitt’s idea is receiving a lot of interest from members in both parties.
Even casinos are asking Congress for a bailout which doesn’t excite me. First off, this is an industry where people give it money for nothing in return. Secondly, Donald Trump’s casinos got a bailout from his daddy and he still drove them into the ground. Now, casinos are asking for help from the guy who bankrupts casinos. Why is the stock market falling under Trump’s leadership again?
Donald Trump needs to shut up. The governors of this nation, Democrats and Republicans, have taken the lead. He needs to give them what they ask for, instead of telling them to go find respirators on their own, and get out of their way. He needs to rubber-stamp whatever Congress sends him to combat this crisis and get out of the way. He needs to listen to the health experts at the CDC and the economic experts at the Fed, give them what they want, and get out of their way.
If Donald Trump gave a statement that he’s going to stop pretending to be in charge, admit he doesn’t know fuck from fuck, and from now on he’s just going to give what’s asked for and then get out of the way, the market would probably skyrocket. Even if he said, “I’ll be at Mar-a-Lago playing golf. You guys handle this,” it wouldn’t hurt Wall Street any more than his actions and statements already have.
That’s not going to happen (he’ll still play golf, of course) so at the very least, he should just shut the fuck up.
Maybe it was shits and giggles for a lot of people to have a racist toddler gameshow host with brain worms in charge for a few years, but now we need an adult in the White House. Since we don’t have one, Donald Trump needs to shut up and get out of the way.
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