This is a HATE CRIME! A global tragedy of the first order! I’m STRONGLY LOOKING at this! Will need a FIRM HAND! PONDERING BOLD ACTION! Still MONITORING! May God save the holy GDP! As it says in the Bible! https://t.co/7XJjPzPEE9 pic.twitter.com/jkfOI2D5Hw— King God Emperor President BIümpf (@EmperorInChief) February 27, 2020
BUY BUY BUY! If we do not have FAITH in the economy when all seems lost, then we are not WORTHY of eternal GDP and low black unemployment! What other choice do you have? SOCIALISM?! pic.twitter.com/OzdJoLauMA— Blompf2020 (Text ‘GDP’ to 4040404) (@blompf2020) February 27, 2020
We will see how this plays out.
The Dow crashed like this before in February 2018 only to come roaring back. I’ve always hated the KAG slogan though and thought it was foolish for Trump to run on a laundry list of economic statistics. There was always a chance that something unexpected could happen.
Note: For the record, I think Trump is right and that the spring and summer heat will help contain the spread of the virus. What happens though if it comes back in the fall? Clearly, it is also going to do plenty of damage to the global economy anyway, even if it does ease up soon.