Zandi: Trump wants America reopened by Easter. That could send the US economy into depression

Mar 25, 2020 21:24

(CNN Business) President Donald Trump, fearing an economic catastrophe ahead of the November election, is hoping to swiftly remove the severe health restrictions imposed to fight the coronavirus pandemic. But opening America for business in a few weeks could have the opposite effect: It could lay the groundwork for a repeat of the Great Depression ( Read more... )

trump recession, great depression, depressions, coronavirus, trump virus, recession 2020

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madman101 March 26 2020, 04:21:21 UTC
I agree, but I am not too worried that this will happen. Trump is acting like Trump. After make bold moves on behalf on the general public, he has to slip back to appeasing his base. I have no doubt he listened to the latest rants on Alex Jones, and got fired up to support them via Fox. Completely predictable Trump behaviour. I've watched this sort of thing happen numerous times. And, I have indeed been listening to Jones, et al, and that's been what they've been saying. "The cure is worse than the cause." This swaying back and forth, which gets him headlines, is a primary reason why he is called a liar. Notice, he was stating an opinion, not a plan. "We'll see..."

I would act so irresponsibly, but that's what he does.

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