GOP Senators Go After Trump Administration As Stock Market Drops Even More
The coronavirus scare has managed to wreak quite a bit of havoc on the stock market. Despite Trump’s declarations that everything is fine, Senate Minority Leader Chuck Schumer has warned that we are facing a possible “pandemic,” and the Centers for Disease control have raised the red flag about the dangerous nature of a potential outbreak as well.
All of this has led to a disastrous two days with the stock market, as it has dropped a stunning 1,900 points.
Sen. Richard Blumenthal was nothing short of livid after the Senate was briefed on the matter, and said that the American public deserved better. Now, this business with the stock market will make for an even more unnerved and unsettled nation.
Acting Homeland Security Secretary Chad Wolf was at a loss when he was asked about the threat of the coronavirus as far as infection and mortality rates. That is when Sen. John Kennedy (R-LA) turned on his own and said, “You’re the Secretary, I think you ought to know that answer.”
Senator Mitt Romney (R-UT), the only GOP Senator to vote to convict Trump in the impeachment trial, said that he is “very disappointed” in the Administration’s response to this threat. He then continued:
“At this stage, I think we are substantially under-investing in what would be appropriate for a setting which could be serious. I think we should be pulling out all the stops.”
The coronavirus is clearly having an effect on the economic lives of Americans, and that’s to say nothing of the health scare. Bank Rate Financial analyst Greg McBride says that the uncertainty that the threat of this virus, along with the inadequate response to it, is the reason investors are selling off and stocks are plummeting.
Trump likes to tout the economy as a reason to re-elect him. Now, he doesn’t even have that, if this keeps up, and the nation plunges into a health pandemic and economic collapse. Woe betide us for electing Donald Trump.