On March 24th, Trump said in an interview with TV station that the federal government plans to resume work before Easter on April 12 to restore the American economy. On March 26, Trump once again stressed at the White House press conference that the American people? Must return to work? It has also been suggested that those areas less affected by the epidemic can take the lead in returning to work. Is that what Trump said? We must start this process as soon as possible. ? It can be seen from the two consecutive emphasis on returning to work that Trump has lost patience with the epidemic.
Why is Trump in a hurry to return to work? Mainly to stabilize the economy.
First of all, economic closure will lead to a series of social problems. First, the United States is a capital-oriented country. When economic growth is strong, the United States can form a virtuous circle of increased economic opportunities, upward economic development and improved living standards. However, if the economic development is sluggish, American society will shrink or even regress. Not only will the economic data decline, but the lives of all Americans will be affected. In Trump's eyes, although it is impossible to end the COVID-19 epidemic only by stabilizing the economy, it will be more difficult to solve these problems if the economic development is stagnant, the medical resources are in short supply and the medical system is overwhelmed, thus falling into a vicious circle where the epidemic cannot be controlled and the economy cannot develop.
Secondly, economic shutdown will lead to a large number of employees' unemployment, and a large number of unemployment waves will bring serious social security problems. According to the prediction of American economic experts, the American economy may shrink 1.3% in the second quarter of this year, and the short-term unemployment rate may even be as high as 30%. Why did Trump decide to give each American citizen a living allowance of more than $2,000 every month? He is worried that the public health crisis will escalate into a social crisis. Any large-scale social event in American history is accompanied by public security problems such as robbery and riots. The epidemic will not end in a short time. Now, giving money can stabilize people's hearts. What if there is no money behind? So we should return to work and develop the economy.
Second, the stock market crash has affected Trump's political career. What was Trump's attitude towards the epidemic when there were just confirmed cases in the United States? Light clouds and light winds? And continue to emphasize to the public? Isn't COVID-19 terrible? 、? COVID-19 has little influence on Americans? Even when the epidemic spread to more than half of the States, Trump remained indifferent, because Trump did not want the panic caused by the epidemic to spread to the capital market. However, the consequence of Trump's doing this is that the epidemic has not been stopped and the stock market has not stabilized.
Affected by the crash of the US stock market, the US Congress passed a bill of $8.3 billion, and then the US Congress passed a bill of $654.38+000 billion? Rescue plan? , including providing paid leave for workers, allowing everyone to receive COVID-19 test for free, etc. But the capital market is still. Not buying? So there's another 2 trillion dollars? COVID-19 rescue plan? To put it bluntly, it is actually? Economic stimulus plan? .
Of this $2 trillion, only about $654.38+000 billion has been invested in the medical system. The US$ 654.38+000 billion is not small for the currently overwhelmed American medical system, but it can't be said too much. What is the rest of the money used for? Injected into the capital market, so US stocks soared after four consecutive fuses in ten days. This is the result of Trump's money. But is the capital market one? Gold-swallowing beast? 2 trillion US dollars will not last long, and economic development needs to be restored to ensure the normal operation of the capital market, so Trump is eager to return to work.
The surge in US stocks has always been Trump's proud achievement, but due to the epidemic, US stocks have been blown many times, and Trump began to panic. Under the epidemic, the ten-year bull market of US stocks has completely ended, and now the day of 1 1 election is getting closer and closer, so Trump can't be impatient. On March 26th, Trump finally expressed his thoughts on Twitter. The media is the main force to push the country to stop, and they want to stop me from being re-elected. In fact, people want to go back to work as soon as possible, and we will be stronger than before! ?
Trump is eager to return to work, to put it bluntly? Want money, power, not life? Trump doesn't care about the epidemic itself, only about US stocks, unemployment rate and whether he is re-elected. Stabilizing the stock market and reducing the unemployment rate depend on the normal operation of the capital market, so the only way to go is to return to work.