Coronavirus Economy — Trump Can’t ‘Re-Open’ the Economy

3 mins read


Traders watch President Donald Trump speak from the White House on a monitor on the floor of the New York Stock Exchange, March 13, 2020. (Lucas Jackson/Reuters)

“I would love to have the country opened up and raring to go by Easter,” Donald Trump said during a Fox News townhall today. Who wouldn’t? An immediate surge of coverage soon followed, contending that Trump had promised to “open the economy” by Easter, which is less than three weeks away. One CNBC reporter went as far as to claim that, “Trump sets deadline for US economy to reopen.” Trump-obsessed pundits acted as if the president had just instructed Americans to sacrifice their grandparents to the gods of Wall Street.

“I would love to have the country opened” is a statement of optimism, not a decree or a policy or a “deadline.” And there’s nothing wrong with some optimism. Of course, while the president might be hopeful about an economy “raring to go by Easter,’ it’s doubtful that most businesses will be ready or that the coronavirus crisis will have passed. Maybe in some places? We’ll see.

Above all else, Trump can’t open up the economy because he was never empowered to shut it down. Governors and local government officials ask non-essential businesses to shutter, not the president. Trump can’t reopen all business through fiat. Governors have the power in these situations. This is as it should be, and as it was early in the crisis when journalists were struggling to understand how federalism works, and it’s why Trump wasn’t acting like a dictator. Why is it so difficult to understand?

David Harsanyi is a senior writer for National Review and the author of First Freedom: A Ride through America’s Enduring History with the Gun






Source link

Previous Story

State Department responds after Chinese ambassador says it's 'crazy' to blame coronavirus on US military

Next Story

New NBC Show Pushes LGBT Agenda with Transgender 6-Year-Old

Latest from OPINION

TRUTH RIGHT IN YOUR INBOX!!!
JOIN OVER 35,000+ PATRIOTS IN RECEIVING REAL, ACCURATE, AND AMERICAN-CENTRIC NEWS!
Become a patriot!
Stand up to power, stand up to the establishment, and join us in the fight against the mainstream media!
Close