https://markets.businessinsider.com...ns-erased-coronavirus-risks-2020-3-1028991585
The current market cap is roughly equal to the size of the stock market when Donald Trump emerged victorious in the 2016 election. The Trump administration repeatedly downplayed the virus and its risks when outsized stock selling began in late February, with top economic adviser Larry Kudlow even saying
the outbreak was contained on February 25.
so how will trump presidency be remembered?
- economy gains wiped out
- social divide is greater then ever
- healthcare is worst out of any western nation
- student loan debt is worse than has ever been
- US military still hasnt withdrew from middle east + terrorist cells havent been wiped out
- US war veterans are still treated like shit and are growing in numbers
- failed diplomacy: worsened relations with long standing allies (EU) while promoting relations with dictators/royal regimes (brasil, saudi arabia, russia, turkey); NATO has basically become useless with all the bickering among its members
- swamp has not been drained: political establishment is still alive and kicking
- regulations that benefit the US public being removed (regarding environment, internet access, healthcare, etc)
- NSA is still spying on everyone and congress is attempting to pass a law that will effectively end encryption (making it even easier to spy on everyone)
but hey, at least:
- companies still operate in tax heavens without repercussions
- taxes are lower for the rich
- unemployment is super low (doesnt matter if people have to work 2 jobs just to cover getting sick and dealing with ensuing expenses)
- epstein didnt kill himself