Comment

New From Seth Meyers: Trump's Weird, Disconnected Pandemic Speech

107
FFL (GOP Delenda Est)3/12/2020 7:17:41 pm PDT

re: #99 calochortus

All of which is true, but none of what they’re doing now is going to fix the market either.
It is my personal opinion (which is that of someone with no expertise whatsoever) the market has been overvalued so some of the correction doesn’t need to be fixed, but things seem to be in free-fall at the moment which is never good.

In part due to the fact that what the Administration is doing is not going to fix or stabilize the market. The market wants to see concrete steps taken indicating that there will be things done to indicate when and how things will start to return to normal. And it’s clear simply by looking beyond what Trump and sycophants are crowing that the spread in the US and elsewhere has not peaked, is probably under reported, and that conditions will get worse.

And their employees will shortly start worrying about what happens to them and their family if *they* get sick more than what they are supposed to be doing at a job. To date, there are no indications that they can get tested, *pay* for testing if they need it, have any coverage or income if they can’t work, etc.