Geez... trump tries to distract away from his own mistakes by talking about Obama... he tries to measure up to Obama even after 3 years...
[Educational Post] Good grief your post was awful. As the press conference went on, the market had the greatest point rally in HISTORY. I'm sorry if Americans prospering saddens you! GOOD DAY
We are also still not testing. A coworker’s husband has recently traveled across the US and was otherwise healthy. But he has a new dry cough and dyspnea and went to his PCP. He is at risk for COVID based on travel but they refused to test him because he lacked a fever. If any 45 year old should be tested it should be him because of the need for quarantine.
I find it sickening that all these airline companies are asking Trump for a bailout. United airlines spent 1.9 billion dollars in stock buybacks as they were artificially pumping their stock prices. These companies dont leave any money in emergency funds, because they know they'll get bailed out time after time. This corporate socialism sickens me. Its complete bullshit that the rich get away from stealing from us taxpayers time after time. Say NO to corporate socialism. Give that money to the PEOPLE.
My hardcore conservative ex-Navy ex-test pilot cousin who now flies for United has been b****ing about "people getting government handouts" for the past decade. He wants to cut Social Security and Medicare because he pays too much to fund it. So.... eta: this is as of 6 months ago: https://www.ft.com/content/f3e640ee-b537-11e9-8cb2-799a3a8cf37b In recent years members of the S&P 500 have increased their spending on their own stock, last year retiring 4 per cent of the index’s capitalisation. That is equivalent to $800bn.
The massive rise isn't a good sign of a healthy market. It just shows that the market is incredibly volatile. I think we are still in for a longer slide with occasional rallies like we saw yesterday. The damage from all the cancellations and people staying home will take a real toll on the economy. The soundness of this economy was based on consumer spending but once that spending plummets there isn't much else to keep it going.
I really don't get it. People are still working and consuming. None of the supply disruptions that could have happened have happened
Dow Futures drop 840 points as Trump was speaking about coronavirus response https://www.rawstory.com/2020/03/do...rump-was-speaking-about-coronavirus-response/
