The President wants the stock markets to start trading again after he was said to be privately concerned about the effects the pandemic will have.
In a series of tweets, he announced his intentions to urge markets to resume business as usual.
He posted on Sunday night: “We cannot let the cure be worse than the problem itself.
“At the end of the 15 day period, we will make a decision as to which way we want to go.”
The Washington Post claims that Trump has been seeking advice on whether the restrictions put in place because of the virus should be scaled back.
The effects of the closures has led to unemployment rates skyrocketing in the states.
Presidential advisers are starting to push Trump to bring back normality and send workers back to their jobs after the 15 day period.
The President wants the stock markets to start trading again after he was said to be privately concerned about the effects the pandemic will have.
In a series of tweets, he announced his intentions to urge markets to resume business as usual.
He posted on Sunday night: “We cannot let the cure be worse than the problem itself.
“At the end of the 15 day period, we will make a decision as to which way we want to go.”
The Washington Post claims that Trump has been seeking advice on whether the restrictions put in place because of the virus should be scaled back.
The effects of the closures has led to unemployment rates skyrocketing in the states.
Presidential advisers are starting to push Trump to bring back normality and send workers back to their jobs after the 15 day period.
READ MORE
Trump row ERUPTS as senate fails to move forward with coronavirus bill
Stocks have plummeted since the outbreak of Coronavirus in the United States.
The Dow Jones Industrial Average dropped 38 percent after hitting an all time high last month.
The index lost 538 points on Monday over a lack of knowledge over Trump’s coronavirus bill.
This has wiped out any gains that the President made since he was elected in 2016.
Trump’s urges to the market contradict the US Surgeon General’s warnings of the pandemic escalating.
Dr Jerome Adams said on Monday morning: “I want America to understand – this week, it’s going to get bad,
This is how the spread is occurring. So we really, really need everyone to stay at home,
“I think that there are a lot of people who are doing the right things, but I think that unfortunately we’re finding out a lot of people think this can’t happen to them.”
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- Merkel nightmare as economist says coronavirus will cost BILLIONS
Senator Lindsey Graham has gone against the President’s stance in public.
He tweeted: “When it comes to how to fight #CoronavirusPandemic, I’m making my decisions based on healthcare professionals like Dr. Fauci and others, not political punditry.
“There is no functioning economy unless we control the virus.”
The senator was elected Chair of the Senate Judiciary Committee on January 3rd 2019.
US Economists warn the pandemic could lead to economic devastation worse than any for decades.
Jason Furman, economic adviser to President Obama, said: “There is a real danger that the economic crisis that comes out of this health crisis is worse than what we expected in 2008.”
The US currently has 43,651 cases of Coronavirus based on available testing.
At least 545 have died after contracting the virus, while only 295 recovered.
READ MORE
- Trump row ERUPTS as senate fails to move forward with coronavirus bill
Stocks have plummeted since the outbreak of Coronavirus in the United States.
The Dow Jones Industrial Average dropped 38 percent after hitting an all time high last month.
The index lost 538 points on Monday over a lack of knowledge over Trump’s coronavirus bill.
This has wiped out any gains that the President made since he was elected in 2016.
Trump’s urges to the market contradict the US Surgeon General’s warnings of the pandemic escalating.
Dr Jerome Adams said on Monday morning: “I want America to understand – this week, it’s going to get bad,
This is how the spread is occurring. So we really, really need everyone to stay at home,
“I think that there are a lot of people who are doing the right things, but I think that unfortunately we’re finding out a lot of people think this can’t happen to them.”
DON’T MISS: Coronavirus: How long can you stand next to an infected person before you get the virus?
READ MORE
- Merkel nightmare as economist says coronavirus will cost BILLIONS
Senator Lindsey Graham has gone against the President’s stance in public.
He tweeted: “When it comes to how to fight #CoronavirusPandemic, I’m making my decisions based on healthcare professionals like Dr. Fauci and others, not political punditry.
“There is no functioning economy unless we control the virus.”
The senator was elected Chair of the Senate Judiciary Committee on January 3rd 2019.
US Economists warn the pandemic could lead to economic devastation worse than any for decades.
Jason Furman, economic adviser to President Obama, said: “There is a real danger that the economic crisis that comes out of this health crisis is worse than what we expected in 2008.”
The US currently has 43,651 cases of Coronavirus based on available testing.
At least 545 have died after contracting the virus, while only 295 recovered.
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