2/28/20: The question Friday was, “How low could Donald Trump Jr. (and the Dow Jones average) sink?”
Democrats want to “kill millions of people.”
Let’s start with that smarmy scion of Family Trump, for whom there is no bottom when it comes to how low he’s willing to stoop.
And where does an idiot go to go low? Don Jr. oozed onto the set of Fox & Friends on Friday morning.
Don Jr. |
What Jr. was there to do was defend Don Sr., and to do so by making one of the most idiotic claims in American political history. According to the son of the Science-Moron-in-Chief (see: 2/29/20), Democrats “seemingly hoped” the COVID-19 virus would spread to our shores “and kill millions of people.” According to Jr., his father’s foes wanted a spread of the Black Death, so that they could “end” his dad’s “streak of winning.” According to Don Jr., this marked “a new level of sickness.”
So, let’s start with a few facts.
If the COVID-19 virus does spread on American soil it will not differentiate between fans and foes of President Trump. No American, then, wants a deadly disease to spread across the land.
Nor is there currently cause for panic, on Don Jr.’s part or anyone
else’s. As of late Friday, there had been only 65 cases diagnosed in the U.S., almost all contracted by
people who had traveled overseas.
Better yet, no American, save for one unlucky woman who had been traveling in China at the time, had died.
In other words, it might have been nice if one of the hosts
on Fox & Friends had shot Don Jr. with a tranquilizer dart and
sedated him for the remainder of the month.
*
AS FOR HOW LOW the Dow Jones would sink, the answer turned out to be 3,600 points for the week.
First, let me say, we shouldn’t kick a man while he’s down – save for the fact that we all know President Trump delights in kicking others when they’re up, or down, or standing around on the fairway on one of the holes at one of his private golf resorts where he loves to hang out.
We also know that President Don relishes basking in the
orange light of glory whenever the stock market goes up. Today, no doubt, he’s
happy the markets are closed. With the spread of the coronavirus around the globe, dislocations
in the world economy have been a pronounced result.
To be fair, this is not President Don’s fault. But since President Don has gobbled up every fragment of credit whenever markets go up – and since he insisted that if Democrats took charge in 2016 or 2018, markets would inevitably plunge – which kind of plunge under a Democrat has not occurred since The Panic of 1893 – it’s amusing, to consider the bloodbath on Wall Street this week.
Full disclosure: this blogger has a lot of cash in the markets. So, a good deal of the blood spilled was his O+ type.
Ignoring the fact that the blogger could use a large bandage about now, it has been amusing to look at charts and see how Donald J. Trump has actually done, in terms of juicing the stock markets.
Since President Don sat his orange tush down in the Oval Office, there has never been a point at which the markets were faring significantly better than the markets did under President Obama at the same point during their first terms. Check out the graphic supplied below. That much should be clear.
And now, Trump fans, the markets are doing way worse.
Obama did way better than Trump has.
POSTSCRIPT: We’ve all heard Trump whine about how he inherited a mess. Let’s take a second look at the graph. On the day George W. Bush left office, the stock market had fallen 26.5 percent.
On the day Obama packed up and went home, the market was up
148.3 percent. I think even the MAGA crowd can tell who inherited the mess,
assuming they can read an actual graph.
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