Dow futures drop 1,000 points as Trump speech disappoints investors

[Mersky]

1. A virus pandemic is not the time for nebulous, trickle-down fiscal flimflam

Last edited Thu Mar 12, 2020, 01:46 AM - Edit history (1)

I’m doubtful such will reach the very workers who need the leeway of real wage support to stay home from work in a timely way. Seems floppy/flabby and more like payouts to shine his wealthy donors. Is so distant from the human things that need to be addressed immediately. I mean, how many more tests, equipment, personnel, planning, and PPE would we have in place if he’d cared about prevention and readiness? And he still doesn’t care now. Was just his usual tripe: keep people out and flash IOU money that isn’t his to begin with.

Tonight, imo, this was him trying to cover his bets on his USA alone and ‘trade wars are easy’ swaggering swindle. This time, we’re not talking about soybeans, no, the high cost of his policies will be measured in lives lost, grief, and unintended consequences.

Will it support meaningful social distancing measures and addressing healthcare shortages as rapidly as we need it to happen? What does that even mean in a country that isn’t testing for the virus at anywhere near the scale needed at this point in its spread?