Trump is Mark Twain’s king, the great American con man.
It’s the money. With President Trump, that never changes. The Dow at 30,000 was his obsession. Get to that number and the November election was a lock. Maybe even win with 400 Electoral College votes. A landslide!
The index came close. It was at its high of 29,551 on Feb. 12, more than three weeks after President Xi Jinping of China, his disastrous delaying tactics exhausted, warned that the coronavirus outbreak “must be taken seriously.” A Nasdaq record high followed on Feb. 19, almost three weeks after the World Health Organization declared a “global health emergency.”
“We have it totally under control.” That was Trump’s message at the time. Jared Kushner, Trump’s de facto campaign manager, liked that. So did Steven Mnuchin, the Treasury secretary. Don’t spook the markets! Champagne on ice! Trump’s path to re-election involved getting enough Americans to say, I can’t stand this guy but, hell, I’m making money.
This sordid calculation meant the opportunity to avert the Covid-19 disaster was lost. Warnings were ignored. Chaos prevailed, starting at the top with a president who can no more think through a process than feel empathy.
via Opinion | Trump Was Too Focused on the Economy to Fight the Coronavirus – The New York Times