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Maybe you are right, Blu, and he was just talking about the national emergency ... but I see everything through the lens of a long term, rapidly escalating and mortal struggle with China.
Call it a "Conflict" if that makes you more comfortable, but this is just beginning; and it has all the attributes of an asymmetric war involving many domains of conflict. China has an obvious advantage in being able to launch biological attacks and then deny it. BUT NEXT TIME WE WILL BE READY. They may have a temporary edge in manufacturing and heavy industry. We have most of the economic and geopolitical advantages. Western nations (of which America is now the leader) are very resourceful, not to mention bad-ass. And we have our Churchill.
I watched very carefully when the President started talking about having "Absolute power." I thought he was saying it with a purpose--definitely NOT just talking about the next few weeks.
That pegged my meter on full throttle too.
Good observations.