Trump is eager to ‘open’ the U.S. His team’s estimates for when that will happen are all over the map.

Trump fire stop wasting water now.png

I feel comfortable that we can stop wasting water. I’ve got this virus thing under control. It may cost a few lives, but I have an election to worry about.

The following are from the Washington Post and the New York Times.

WASHINGTON—Record-setting jobless claims and dire economic forecasts are giving fresh urgency to the debate within the Trump administration and across the country over how rapidly coronavirus-fueled restrictions should be pared back so the economy can begin its revival.

President Trump has expressed eagerness to move quickly, and Treasury Secretary Steven Mnuchin said on CNBC Thursday that he thought the U.S. economy could be ready to reopen by the end of May, as soon as the president feels comfortable with the medical issues.”

Trump can’t actually restart the economy since he did not shut it down — most states have issued stay-at-home orders to halt the spread of the disease, and only states can lift them.

Nevertheless, the president has privately “sought a strategy forresuming business activity by May 1,” The Washington Post reports, and “in phone calls with outside advisers, Trump has even floated trying to reopen much of the country before the end of this month.” 

Why is he looking for “a strategy.” The virus will do what it will do, and all Trump’s political “strategy” will not change that.

The “strategy” should have been to keep capable people and organizations designed specifically to combat mass infections, rather than firing the capable, hiring sycophant flunkies, and listening to flattering fools like Russ Limbaugh, Sean Hannity, and the rest of the FOX crew.

Treasury Secretary Steven Mnuchin told CNBC Thursday he thinks the U.S. economy may be ready to reopen by the end of May, while Federal Reserve Chairman Jerome Powell said “most people expect” employees to be able to safely return to work “after the second quarter, which of course ends on June 30.”

Dr. Anthony Fauci told CBS News he could see public gatherings resuming this summer “if we do the things that we need to do to prevent the resurgence” of the coronavirus.

“Health experts say that ending the shutdown prematurely would be disastrous,” the Post reports, creating another spike in infections and forcing another shutdown “because U.S. leaders have not built up the capacity for alternatives to stay-at-home orders — such as the mass testing, large-scale contact tracing, and targeted quarantines.”

Pence said Thursday the U.S. has tested two million people, or less than 1 percent of the U.S. population, and Trump rejected the idea that mass testing is necessary to restart the economy. 

Medical experts Donald Trump, Steven Mnuchin, Jerome Powell, and Mike Pence are confident the social distancing can begin in April, May 1, June 30 or whenever.

Trump says there is no need for testing, a vaccine, or an effective medicine. And don’t let the medical doctors get in the way.

Let’s just get out there and mingle, as soon as Trump “feels comfortable with the medical issues.

After all, he told us the doctors were amazed at how much he knows.

And Mike Pence agrees.

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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THE SOLE PURPOSE OF GOVERNMENT IS TO IMPROVE AND PROTECT THE LIVES OF THE PEOPLE.

The most important problems in economics involve:

  1. Monetary Sovereignty describes money creation and destruction.
  2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY