I'm not dying for wall street- neither should you





"I'm not looking at months," Trump said of the duration of social distancing guidelines that have led to school and business closures. "We will be back in business as a country pretty soon."



President Donald Trump on Monday said his administration is looking at ways to ease economic restrictions it stressed just days earlier even as the U.S. braces for a jump in coronavirus cases and states tighten restrictions on people and businesses.

Trump’s suggestion comes as others are taking their most strict measures yet. On Monday, four U.S. states announced more rigid orders for residents and businesses, an International Olympic Committee member revealed this year's games would be postponed and U.S. deaths approached 600, according to the Johns Hopkins University data dashboard.
The federal government, Trump said, will use data "to recommend new protocols” to allow local economies to “cautiously resume their activity at the appropriate time."

He did not say when those protocols would be rolled out as the coronavirus spreads across the U.S.
The remarks were a major departure from Trump's prediction just days ago that the guidelines could potentially be in place through the summer. Trump appeared to signal that parts of the country that are less hard hit could be placed under less strict guidelines than states like New York and California. 
At the same time, Trump admitted the outbreak will only get worse in the U.S. Trump said he agreed with his surgeon general’s prediction that the number of coronavirus cases would jump. 
“This is going to be bad,” Trump said. “We’re trying to make it so it’s much, much less bad.”

After positioning himself last week as a "wartime" president in an epic struggle against an "invisible enemy," Trump's messaging about his administration's response to COVID-19 shifted dramatically Monday as he appeared increasingly open to standing down some of the stricter guidance he touted just days earlier as critical to containing the virus.





“At a certain point we have to get open,” Trump said. “We have to get moving. We don’t want to lose these companies…We’ll be doing something relatively quickly.”
Trump's latest reasoning – that the cure shouldn't be worse than the disease – has been bubbling up for days mostly among Republicans, business groups and conservative media outlets as lawmakers struggle to pass a relief package. Some observers have questioned whether Congress would be able to hold off the enormous threat the virus poses to the economy even if Republicans and Democrats were fully in sync. 
"What was very clear is that in the first two weeks the need to address the threat of the coronavirus was paramount," said David McIntosh, a former Republican congressman from Indiana who is now the president of the influential conservative group Club for Growth. "But over time, you can't keep the whole economy shut down endlessly."    



Trump's new tone on the economy comes as the effort to move forward with a nearly $2 trillion economic stimulus package has stalled in the Senate for the second day in a row. The measure would provide direct payments to Americans and assist hard-hit industries. Democrats and Republicans agree on the broad goals for the package but are struggling to reach agreement on the details.

President Donald Trump speaks during a coronavirus task force briefing at the White House, Saturday, March 21, 2020, in Washington. (AP Photo/Patrick Semansky)
President Donald Trump speaks during a coronavirus task force briefing at the White House, Saturday, March 21, 2020, in Washington. (AP Photo/Patrick Semansky)  
PATRICK SEMANSKY, AP

On the other hand, aides said, Trump is anxious to defeat the virus and hasn't made a final decision because health experts are advising that the restrictions are necessary. Health officials have warned of a spike in new cases over the next several weeks that could tip the balance back toward caution rather than seeking a return to normal.   



"It sounds tone deaf and I understand it but it’s got to be said," said former Sen. Bob Corker, R-Tenn., who said he had been in communication with the White House about his concerns of a lack of balance in the government's response to coronavirus. 
"There's this rush, this herd rushing all in one direction – understandably," Corker told USA TODAY. "The flip side is, there’s no balance. The balance is if we continue this status that we’re in right now I'm concerned that the cure is going to be far worse than the disease itself."
I'm not dying for wall street- neither should you I'm not dying for wall street- neither should you Reviewed by Anson Moore on March 24, 2020 Rating: 5

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