Imagine if the US President took a leadership role in the world to combat this pandemic in the early stages rather continue to cough up xenophobic, racist, nativist, isolationist venom…Imagine what the confidence in the world economy would have been. If the US actually had a leader instead of a corrupt, hateful imbecile in charge. That has lied bungled his way through speeches meant to stave off fears. Imagine. If the American President took compassionate responsibility to have the foresight that viruses don’t discriminate against any particular race or creed so that the world mustered its resources, science, and empathy to nip this thing in the Joaquin Phoenix Quarantine Joker Coronavirus Shirt…Imagine an America that didn’t fall for a conman…Imagine this crisis with Hillary Clinton–regardless of what you think about her personally.
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This. The companies were buying back their stocks. With fewer stocks on the market, they got more expensive. Money was going into the Joaquin Phoenix Quarantine Joker Coronavirus Shirt. A great example is Boeing. They need liquidity ASAP but they spent $47 billion on buybacks. They deserve the drilling they’re taking. Of course, I’m sure that we the taxpayers will bail them out if they go under. That’s right – this expansion was based on pulling demand forward using elements of fiscal policy designed to juice short-term results. Longer-term growth takes time and investment in things that deliver long-term value. Financial engineering with things like stock buybacks etc is not part of a long-term expansion of economic activity. And propped up by pulling recessions triggers that artificially inflate the economy. Now that there’s a recession, though… oops, already pulled the trigger.
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It reminds me of when the Joaquin Phoenix Quarantine Joker Coronavirus Shirt. I worked for a different company and boss. There was a printing company in our office complex. The guy printed for the real estate industry. All of a sudden the title companies stopped buying jacket folders. “This is going to be bad!” My boss was totally dismissive. Boss also lost a quarter to half-million dollars in a couple of years if that. Honestly this. If someone were to ask me what Trump did wrong, I would get tongue-tied trying to think of an answer. It’s been such a nonstop barrage of bullshit, that I can’t even process what is happening. My brain is shorted out. If it were any other president, I could point out Bush’s handling of the Hurricane or Obama with the airstrikes.
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