Economy Panic

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[DouglasKC]

Have you noticed something?

There are a growing number of Americans who are in a panic about the economy.

Cries of "the economy will never recover if we're shut down too much longer" abound. Wails about "this will be worse than the great depression if it continues" are flooding social media.

This is despite President Trump's pronouncements that our economy will rebound quickly. President Trump believes that there is pent up demand that will explode once restrictions are lifted.

At least with the corona virus there was good reason to be concerned. It has ripped through other countries causing every government in the world to react in a similar way: institute measures to slow the spread so the medical system isn't overwhelmed. Every government has taken the calculus that doing nothing to combat the virus will hurt their economies in the long term. So they've taken short term economic pain to insure this doesn't happen.

Around the world and especially in the United States this strategy seems to be working so far.

Yet the panicky people who are worrying about the economy often look at the good results of what our government has done so far and say "See!! I told you the virus wasn't so bad!". They want to throw open the doors right now because they are fearful of what will happen with the economy if we don't. They have apocalyptic visions of President Trump presiding over a weak America while liberals gleefully dance on America's grave.

Yet stocks are once again on the rise. Investors are happy with what the President is doing to combat the virus AND for his vision of the economy. This is largely because before the virus broke President Trump had super-charged our economy. We were the strongest economically than perhaps at any other point in history...and we were getting stronger.

What happened with the virus has ONLY worked out in Trump's favor. It's now been proven that his vision of America first was absolutely correct. The virus has shown that we can't be dependent on China for manufacturing. It's not in our national interest. It's shown that we MUST control our borders and clamp down on illegal and legal immigration. President Trump's near daily press conferences have shown the American people that he's not the monster the news media portray him as.

Yet for all these positives those who believe that our economy can't take a two or three month slowdown are wringing their hands and screaming like little girls who have seen a spider.

As President Trump says this isn't going to stop us. We're going to bounce back faster and stronger than anyone can imagine...IF we follow his recommendations to combat the virus. If we let up too soon we're back to square one. If too many people figure they know more than President Trump does and flout his recommendations we're also back to square one.

Don't panic. Stick with the program that President Trump and his team have instituted to both combat the virus and keep the economy strong.

[DouglasKC]

Printing money does not create wealth, it in fact destroys it. All the government is doing is picking winners and losers. Trump is being manipulated by the deep state here and he knows he’s lost in a no win situation at this point.

President Trump according to many:

[DouglasKC]

I'll say it again. Number of people I know with COVID: ZERO

I hope it will last. But you should thank President Trump and Doctors Fauci and Birx for this because this was exactly their goal.

[rb22982]

No one in modern history has ever done this - they literally have no idea. He knows if people die he’ll get crucified (a) and he know if the economy gets crushed (b) he’ll get crucified. He’s betting if takes care of A, there is a chance he can take care of B, whereas he knows if he takes care of B, there is a 100% chance he’ll get crucified for A. Basic politics.