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William769

(55,147 posts)
Tue Mar 24, 2020, 01:01 PM Mar 2020

States reject Trump's talk of restarting US economy early

Source: Microsoft News

A week after millions of Americans began taking shelter at home from the coronavirus, states warned on Tuesday against easing restrictions too soon even though the clampdown is devastating the U.S. economy.

President Donald Trump said on Monday he was considering how to restart business life when a 15-day shutdown ends next week, even as the highly contagious virus spreads rapidly and poorly equipped hospitals struggle with a wave of deadly cases.

A Republican, Trump is seeking to win re-election in November on a promise of economic growth.

Gov. Andrew Cuomo, a Democrat whose state of New York has become the epicenter of the U.S. outbreak with 25,665 cases, strongly opposed allowing people to travel, socialize and get back to workplaces too quickly.

Read more: https://www.msn.com/en-us/money/markets/states-reject-trump-s-talk-of-restarting-us-economy-early/ar-BB11D2Te?ocid=msedgntp

17 replies = new reply since forum marked as read
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States reject Trump's talk of restarting US economy early (Original Post) William769 Mar 2020 OP
If the economy manages to rebound before Election Day... Beartracks Mar 2020 #1
If the economy doesn't rebound by election day, Fat Donnie will blame the governors LastLiberal in PalmSprings Mar 2020 #11
And Obama. Beartracks Mar 2020 #12
From the article: Mike 03 Mar 2020 #2
... William769 Mar 2020 #3
Thx for posting this! Not even the financial experts agree with the orange idiot! Thekaspervote Mar 2020 #7
Financial Experts Seldom Do, Sir The Magistrate Mar 2020 #13
Gawd...all anyone has to do is look at Hong Kong Bengus81 Mar 2020 #14
Republicans ONLY in very very large groups is still encouraged though, right? Brainfodder Mar 2020 #4
Yeah except those MAGOTS will infect others Bengus81 Mar 2020 #15
Only if ya let 'em at this point? Brainfodder Mar 2020 #17
Workers, companies will not restart too soon, not the least of which bucolic_frolic Mar 2020 #5
Litigating/settling suits for employee endangerment/wrongful death for pat_k Mar 2020 #9
If they told everyone no one would work bucolic_frolic Mar 2020 #10
"The cure cannot be worse than the problem" Wuddles440 Mar 2020 #6
Well said Yo_Mama_Been_Loggin Mar 2020 #8
TRANSLATION: I want my NAZI rally's and golf weekends to resume ASAP Bengus81 Mar 2020 #16

Beartracks

(12,814 posts)
1. If the economy manages to rebound before Election Day...
Tue Mar 24, 2020, 01:06 PM
Mar 2020

... he just wants to be able to take the credit. And, if it doesn't, he'll pretend he never said anything.

Just like how he never acknowledges that three scant weeks ago he insisted the virus was a hoax. And, weirdly, the media don't pay any attention to his obvious bullshit either.

==========

11. If the economy doesn't rebound by election day, Fat Donnie will blame the governors
Wed Mar 25, 2020, 01:44 AM
Mar 2020

and the Democrats in Congress.

Mike 03

(16,616 posts)
2. From the article:
Tue Mar 24, 2020, 01:07 PM
Mar 2020
Rapidly reopening the economy might backfire, with higher deaths and people remaining fearful of going out, according to investors who remain anxious about the coronavirus’ uncertain trajectory and its economic toll.

“Markets will react badly because they have learned that this approach doesn’t work,” Axel Merk, chief investment officer of Merk Investments, said. “From a medical point of view, you have to break the exponential growth and you do that with shelter in place policies.”


Worth the read!

The Magistrate

(95,247 posts)
13. Financial Experts Seldom Do, Sir
Wed Mar 25, 2020, 09:20 AM
Mar 2020

A variety of shills and shit-heels pretending to economic knowledge often do, and their sycophancy receives some reward, but that is hardly the same thing.....

Bengus81

(6,931 posts)
14. Gawd...all anyone has to do is look at Hong Kong
Wed Mar 25, 2020, 09:24 AM
Mar 2020

Are you GD insane Trump?? Everyone just needs to IGNORE FatNixon

Bengus81

(6,931 posts)
15. Yeah except those MAGOTS will infect others
Wed Mar 25, 2020, 09:25 AM
Mar 2020

Otherwise I'd be all in for a Trump NAZI rally every night.

bucolic_frolic

(43,163 posts)
5. Workers, companies will not restart too soon, not the least of which
Tue Mar 24, 2020, 01:31 PM
Mar 2020

because there won't be enough business to restart much of anything until COVID-19 is gone.

pat_k

(9,313 posts)
9. Litigating/settling suits for employee endangerment/wrongful death for
Tue Mar 24, 2020, 04:20 PM
Mar 2020

... reopening could bankrupt more businesses down the line than staying closed.

I wouldn't be surprised if this sort of calculus didn't inform Boeing's shutdown of operations. Conditions on the line and number of cases made it clear that continuing operations would kill people -- something Boeing would then be held responsible for.

Why the heck aren't we hearing more about this consequence?

Wuddles440

(1,123 posts)
6. "The cure cannot be worse than the problem"
Tue Mar 24, 2020, 02:26 PM
Mar 2020

For once I can say that I actually agree with this steaming pile of fecal matter. The problem is HIM and the cure for humanity is for him to resign immediately!

Bengus81

(6,931 posts)
16. TRANSLATION: I want my NAZI rally's and golf weekends to resume ASAP
Wed Mar 25, 2020, 09:36 AM
Mar 2020

Trump will only have to play his fake ass "I care" BS for another few weeks.

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