The Miracle of the Trump Economy

We’re All You’re Fired’ed

What is alleged to be the most read real estate in all journalism is used to show us the new unemployment numbers. 3.3 million Americans applied for unemployment last week — almost five times the record-holding number in 1982.

Perversely, the stock market had another strong day, with the Dow Jones climbing 1,300 points, and setting Wall Street up for its best week in nearly a century. As of yesterday, the U.S. had the most known COVID-19 cases of any country in the world, with a death count of more than 1,000. Hospitals are desperate for basic supplies like ventilators, masks, personal protective equipment, and beds.

The fat cats love them some firing of the minions, and apparently are chanting “We’re #1” for us taking the lead in COVID-19 infections. The future prospects of disposing of COVID-19 dead are looking boffo. True patriots them bankers are.

And speaking of boffo sales, Gov. Cuomo tells us that face masks normally costing 58 cents each are now being quoted by sellers for $7.50, while latex gloves are going for triple their normal price and portable X-ray machines are going for as much as 20 times their pre-crisis cost.

No wonder the stock market is surging. The crooks are looting and profiteering during a crisis. And Lord Damp Nut still is not invoking the Defense Production Act, the White House has claimed it’s getting everything it needs “without putting the heavy hand of government down.”

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7 Responses to The Miracle of the Trump Economy

  1. Redhand says:

    What’s remarkable to me is that we are doing our best as a nation while a madman who is impeding any real progress sits in the WH attacking everybody, while absolutely refusing to provide any national leadership.

    His reign is an unspeakable American tragedy.

    Liked by 4 people

  2. Heim says:

    One can find an argument, for example Tyler Cowan, for the pricing the scarcity.

    Liked by 1 person

  3. Dennis Cole says:

    tRump HAS invoked the DPA, several times, he just hasn’t imposed it yet, although he keeps threatening us with a good time if he does. And I know I’ve been going on and on about the Strategic National Stockpile, and how it was stockpiled to the rafters by Obama’s Krew before leaving, but somehow a LOT of those goods have vanished, or are otherwise unaccounted for, but I DID find out that not ALL the warehouses were empty – Gov. DeSantis got EVERYTHING he asked for, and then some, besides, as well, and in a thrice.

    Makes me wonder if perhaps there’s someone high up in this administration who has a substantial interest in Floriduh, maybe something like, oh, Real Estate, or Hotels & Resorts, something along those lines, that might suffer a bit during a pandemic…

    PS – as it turns out, information about the SNS is extremely difficult to come by, especially the locations. Which is understandable, but before all this manure impacted the high-speed, whirling ventilation device, MUCH more info could be gleaned than is the case at present. It’s too bad we don’t have a “Free Press” to keep us informed of the important stuff…

    Liked by 3 people

  4. H-Bob says:

    Why not keep track of the gougers and in a year, pass a bill debarring them from selling to the See state hospitals?

    Like

    • Dennis Cole says:

      H-Bob – In a year’s time, we may have regressed to the point where we exact our revenge with sticks & rocks. Just sayin’.

      Like

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