The chickens are coming home to roost as Donald Trump spent like a drunken sailor in his first 3 years.
The worst aspect of this for Donald Trump will be that his own businesses will be under threat of collapse from the economic meltdown. It further demonstrates why US Presidents should put their assets in a blind trust when they are elected.
Donald Trump will be frantic in his efforts to save the Trump Organization from bankruptcy and wil be too busy to worry about his duty to Americans.
How ugly could it get? Trump faces echoes of 1929 in coronavirus crisis.
... The S&P is now only around 300 points away from wiping out all its gains since Donald Trump won the White House in November 2016. President Trump himself, one of the grandest boasters of the strength and resilience of markets and the American economy, appeared to capitulate on Monday with a more somber tone reflecting the immense magnitude of the challenge facing the nation. ...
Trump consistently uses half measures.
Trump announced recently he was invoking the Defense Production Act, which was established in 1950 in response to production needs during war. That same day, "I only signed the Defense Production Act to combat the Chinese Virus should we need to invoke it in a worst case scenario in the future," Trump tweeted. "Hopefully there will be no need, but we are all in this TOGETHER!"
That way, for those who approved the move he can say he invoked the wartime act because he is a "wartime President." To those who opposed the move, Trump can say "I really didn't mean it."
Trump consistently wants it both ways. He sometimes makes a fair stand-up comic when he does this.
Referring to a vaccine for malaria (caused by a parasite) working on covid-19 (caused by a virus), Trump said that if it works, it will be a game changer. Then he added, "Or maybe not." Trump's medical expert got up to the mike quickly to explain testing of the vaccine will take months.
Trump said his government is not a "shipping clerk" when criticizing governors trying to obtain supplies. Then he said governors are doing a"fantastic job" getting supplies and Trump's FEMA director said his agency was shipping supplies to the states.
Many times Trump avoids unpleasant facts.
When asked about the travel ban imposed by his state department, Trump referred the reporter to the state department and refused to to talk about it.
When asked about the use of bandanas by health caregivers, Trump said he hasn't seen that and he turned the matter over to Pence. The bandana issues have been in the media for days.
Trump said we should have known about this months ago. China reported the virus to the WHO in December. The U.S. government became aware of the virus in January.
Jan 22
“We have it totally under control. ... It’s going to be just fine.”
— Donald Trump
How did this incompetent man become our President? He is a joke.