What President Trump Was Saying

“I was criticized by the Democrats when I closed the Country down to China many weeks ahead of what almost everyone recommended,” Trump tweeted that morning. “Saved many lives. Dems were working the Impeachment Hoax. They didn’t have a clue! Now they are fear mongering. Be calm & vigilant!”

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Later that morning, Trump met with Colombia’s President Iván Duque Márquez, and fielded some questions from the press that involved his response to the coronavirus crisis, insisting that it was “very safe” for him to continue to hold political rallies while covid-19 was circulating through the population.

By the afternoon, Trump was meeting with CEOs from pharmaceutical companies, and suggesting very tight timelines for when a “cure” might be available.

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“We’re talking about three to four months,” Trump said at the roundtable of when a vaccine would be available.

“I’ve heard very quick numbers—a matter of months—and I’ve heard pretty much a year would be an outside number. So I think that’s not a bad—that’s not a bad range. But if you’re talking about three to four months, in a couple of cases, and a year in other cases,” Trump said.

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And it wasn’t just Trump. His goons behind the scenes were making the same comparisons to the flu and insisting that the stock market dive was merely a “correction.”

An anonymous White House official was quoted by a journalist for CNBC as saying, “Tell them > 30 k fatalities per year domestically b/c of flu. Tell them we are ending war in Afghan. Tell them we were due for market correction.”

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That night, Trump held a rally in North Carolina, insisting that “Washington Democrats are trying to politicize the coronavirus, denigrating the noble work of our public health professionals.”

What Fox News Was Saying

Fox News had quite a day of bullshit on March 2. Jesse Watters said on The Five that he wanted China to apologize for the coronavirus, something that isn’t terribly surprising considering his history of anti-Asian racism.

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“I’d like to just ask the Chinese for a formal apology,” Watters said. “This coronavirus originated in China, and I have not heard one word from the Chinese. A simple ‘I’m sorry’ would do. It would go a long way. I expect a formal apology tomorrow.”

Watters went on to say that the outbreak started in China because people there were eating raw bats.

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“I’ll tell you why it started in China. Because they have these markets where they are eating raw bats and snakes. They are a very hungry people. The Chinese communist government cannot feed the people, and they are desperate. This food is uncooked. It’s unsafe, and that is why scientists believe that’s where it originated,” Watters said.

Watters was the guy who previously went to New York’s Chinatown for cheap racist jokes. Watters eventually apologized for the racist stereotypes he portrayed during that segment, but his more recent racism has been defended as half-jokes.

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Laura Ingraham had Dr. Drew Pinsky on her show on March 2, who insisted that everyone was concerned over nothing. Dr. Drew is an addiction specialist with no background in epidemiology.

“Essentially the entire problem we’re having is due to panic, not the virus. I was saying this six weeks ago. We have six deaths from the coronavirus, 18,000 deaths from the flu,” Pinsky told Ingraham, saying that the “fatality rate is going to drop.”

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“It’s panic. It’s panic. That is panic. That is people engaged in panic behavior,” Pinsky said emphatically “And that is what concerns me. It is a press-induced panic, that will have real consequences. It will not be the virus.”

Sean Hannity said that the H1N1 epidemic was worse than covid-19, and pinned the blame on President Barack Obama for “20,000 of our fellow Americans hospitalized, more than 1,000 dead.”

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“Do you remember anyone at that time anybody in the media stirring up the type of hysteria as they’re doing now?” Hannity asked on his show. “Do you remember the end of days predictions? Did the stock market tank because of all the reckless lies and fear-mongering?”

What the Task Force Was Saying

Mike Pence and his White House Coronavirus Task Force held a press briefing on March 2, and the Vice President insisted that everything was under control.

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“The risk of the coronavirus to the American people remains low,” Pence said, suggesting that vaccines and therapeutics for covid-19 would be just over the horizon.

“It is remarkable to think that there may well be a vaccine going to clinical trials within the next six weeks,” Pence said. “The nature of trials, as the experts have explained to us, is that the vaccine might yet not be available until late this year or early next, but the therapeutics, giving relief to people who contracted the coronavirus could literally be available by this summer or early fall.”

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The FDA commissioner, Dr. Stephen Hahn, spoke at the press conference to announce that by the end of that week, which was March 6, a million tests would be performed. That milestone wasn’t reached until March 31, according to the best data being compiled right now.

“With this new policy, we have heard from multiple companies and multiple academic centers, and we expect to have a substantial increase in the number of tests this week, next week, and throughout the month,” Dr. Hahn said. “There will be... the estimates we’re getting from industry right now, by the end of this week, close to a million tests will be able to be performed.”

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What Wall Street Was Saying

The Dow had plummeted in the previous week, leading some people to be nervous, but the stock market recovered on this particular Monday, with the Dow soaring 1,290 points, the most in a single day ever. That 5 percent jump led some people to get cocky and people on Wall Street to speculate that this whole coronavirus thing was being overhyped.

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“I think stocks soared today because Wall Street realized that the coronavirus might be the equivalent of a severe flu season,” CNBC’s Jim Cramer said.

The comparison to the flu was everywhere, echoing everything the president and his regime were insisting throughout Monday.

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“I’m much more concerned about the regular flu,” said Jeff Hirsch, Probabilities Fund Management on CNBC. “Fear does seem to be spreading faster than the virus.”

CNBC was also telling people that the stock market wasn’t necessarily reacting to coronavirus, but it was instead worried about a potential Bernie Sanders presidency.

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“Did the market also sort of get rattled by this Bernie Sanders boom? Now we have this big Biden win—Klobuchar out, Buttigieg out—I wonder, is there a Biden bounce as part of this?” one commentator on CNBC speculated.

In an opinion piece for the Wall Street Journal, Adena Friedman, the president and CEO of Nasdaq, wrote that “Markets have historically been quick to recover from pandemic threats” stressing that capitalism would solve everything.

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From the WSJ:

Investors will have to evaluate health-related risks in the weeks and months ahead, and they may well see more volatility. But the efficiency of U.S. markets and the diligence of government and industry researchers working to develop a vaccine should give Americans hope. The coronavirus is the kind of problem that defies simple solutions, but markets are responding as they should—infusing capital for the most promising solutions. Amid market volatility, cool-headed capitalism finds a cure.

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The Dow is down 18.36 percent since a month ago. And capitalism sure as hell isn’t saving us. Today we learned that 6.6 million Americans filed for unemployment last week. That’s on top of 3.3 million who filed for unemployment the week before that. That means almost 10 million people have lost their jobs in the past two weeks.

Financial types are no longer talking about a simple recession. They’re using the D-word: Depression.

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What Twitter Ghouls Were Saying

Bill Mitchell, a longtime supporter of President Trump, tweeted on March 2: “6 deaths in the US from COVID-19. Only 63,994 to go to catch up with the common flu.”

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Here we are one month later, and the U.S. is quickly gaining on the common flu’s death toll. In fact, current estimates project that there could be anywhere from 100,000 to 240,000 deaths in the U.S., provided Americans do everything right. The only catch? So far, U.S. leaders have not done everything right.

Stay safe out there, folks. We have a long road ahead.