Trump Just Doesn’t GET IT!

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WASHINGTON, DC - OCTOBER 23: U.S. President Donald Trump exits the White House while departing for Pittsburgh to speak at the annual Shale Insight Conference, on October 23, 2019 in Washington, DC. Earlier today President Trump announced that the U.S. would be lifting all sanctions imposed on Turkey in response to their invasion of northern Syria. (Photo by Mark Wilson/Getty Images)

I’m not going to go into another rant about the hysterical nonsense spewed forward today by El Pendejo Presidente, yesterday’s article nearly gave me a brain embolism. But there is a fundamental flaw in His Lowness’s logic regarding the economy that I really believe needs to be cleared up.

It is now clear that Moronicus Maximus has his heart set on a glorious Easter Sunday rebirth of the American economy, kicking off with a magnificent return to normalcy. As Lawrence O’Donnell put it this evening after Trump’s idiotic FUX News town hall, Americans have to decide whether they want to die from the corona-virus, or by mass suicide form the dent to their 401k’s. Glorious Bleater is dead set on restoring the stock market to it’s previous heights to prop up his faltering reelection hopes, but he’s forgetting one simple thing. And that is the fact that Wall Street doesn’t drive Main Street, Main Street drives Wall Street!

Here’s a news flash for The Pampers President., The recession is here! Deal with it! A 10% drop in share prices from a previous high indicates a “bear market,” the Dow has lost basically 33% in the last 40 days. In the Great Recession of 2009, we lost 2 million jobs in 3 months, we’re likely to lose close to 3 million in a single month. The federal Reserve Board can dump unlimited amounts of money into the markets to stabilize bonds and ensure liquidity, but they can’t create consumer confidence. Trump delusionaly continues to believe that restoring the stock market to an upward curve will fix everything. But it won’t.

Trump continues to believe that he can will an economic recovery by forcing people back to work. But that won’t work. In The Great Recession of 2009, unemployment capped at 10%. Economists are forecasting that unemployment during the corona-virus pandemic could cap out at 20% or higher. Those who become unemployed that are not financially destroyed will burn through a large portion of their “nest egg” to keep from doing so. And those that remain employed and collecting a check are fearing that they’re one numerical downturn from becoming unemployed. Basically, everybody is scared shitless.

There’s an old adage that every American alive has heard, You can lead a horse to water, but you can’t make him drink. But in he age of the corona-virus pandemic, there is a derivative of that old adage that Trump should be aware of, you can lead a consumer to Walmart, but you can’t make them shop.

Y’see, that’s the nub of it right there. By the time that this pandemic is over with, I roughly guesstimate that 65-70% of Americans will have felt either a personal financial drain from this epidemic, or suffered a severe lack of confidence in the stability of their jobs as a result. When this is finally all over, those that went to the razors edge will be frantically trying to rebuild their dissipated savings, And those lucky enough to have kept their jobs during the crisis will be terrified that the resulting recession could end up costing them their jobs. To put it bluntly, Ain’t gonna be nobody spending shit!

This is the real problem with Trump’s nearsighted myopia. Because it is the most visible sign of economic wealth, Trump insists on seeing the stock market as the know-all-and-end-all. But for the stock market to thrive, it depends on the well being and confidence of the American consumer. And no matter how it ends, or when it ends, there is going to be one helluva long pause before the American people start to feel like they’ve recovered enough to start to spend money again. Trump is trying to bluff a pair of 3’s against an inside straight. Good luck with that one, buddy.

To know the future, look to the past.before the insanity of the 2020 election, relive the insanity of the 2016 GOP primary campaign, and the general election, to see how we got to where we are. Copies of President Evil, and the sequel, President Evil II, A Clodwork Orange are available as e-books on Amazon, at the links above. Catch up before the upcoming release of the third book in the trilogy, President Evil III: All The Presidents Fen

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9 Comments on "Trump Just Doesn’t GET IT!"

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Dave
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Dave
I don’t live in America but I am following the crisis you are going through from Australia and I am very frightened for you all. as you have a person who is occupying the Whitehouse, who to be frank is so delusional and just plain insane in what he says. And by his actions is going to cost many Americans their lives especially those who follow him blindly, I think that the other two-thirds of the country have woken up from deep sleep to find that they were conned in the 2016 election by a very good Grifter.this ridiculous idea… Read more »
erik faber
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erik faber

I’m from Denmark and I follow as well. Unfortunately Americans in common are THAT stupid, otherwise he would never has become President.

Independent
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Independent

I take offense of you calling all Americans stupid. Read above why he was elected. Believe me when I say there are more people who hate him than like him. Also, Our media was so blind that every time he wanted attention ( which is every waking minute) he would do something brazen, sexual, just plain fucken evil (the children) and they covered his stories over and over again. Hilary should have demanded equal time but I guess she was gobsmacked and played by the rules. Ot this next time!!!!!!!!

Simon DK
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Simon DK

Trump has always been about optics, doesn’t matter if they are based upon facts or not. If it looks like chocolate cake, it’s chocolate cake – scrumptious moist chocolate cake, not the dump Trump’s gonna take Easter Sunday morning.

Rutokin
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Rutokin

Well said Dave. G’day mate

J. M.
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J. M.

The criminally insane don’t get it. That is why the SDNY have a prison cell reserved for this vile, sick, bastard!

Allan
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Allan

Exactly. It’s either a prison cell or win the next election. It’s almost impossible to imagine how low he / deplorables can stoop to ensure victory. I do hope his main contender wears a kevlar suit in public.

Robert Burnett
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Robert Burnett

Just looking at this piece of trash, makes me want to vomit.

Mick owens
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Mick owens

Same