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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhen President Obama proposed a stimulus package to boost the economy the market rallied
When a fuckup like Trump proposes a a stimulus package to boost the economy the market tanks because nobody has confidence in Trump, not even the clowns who pimp him on cable news, they were the first ones to sell off their stocks.
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When President Obama proposed a stimulus package to boost the economy the market rallied (Original Post)
Snake Plissken
Mar 2020
OP
AlexSFCA
(6,137 posts)1. without the proposal we would see 20+% DJ daily drops
The great recession was a joke compared to current global economic crisis not seen since great depression. The impact of covid-19 pandemic is akin world war 2. And yes, we have the most incompetent administration in charge if mitigating the greatest disaster in a century.
True Blue American
(17,984 posts)2. You are going to see
Unemployment any way, that will be worse than the Bush recession.
AlexSFCA
(6,137 posts)3. of course it will much worse
We should not even be comparing 2008 great recession to 2020 global economic depression. The magnitude is not the same.
True Blue American
(17,984 posts)4. Trump signed a document bragging about the one
Day rally, nothing about the huge drop.
Down 868 right now.