As scientists are continuing to mull over the coronavirus and what it could mean for the United States and the world, Some liberals are cheering the Coronavirus’ devastation on the Stock Market, which has spent most of last week in a freefall.
A liberal pollster online is celebrating the crash, noting all the good President Trump has done is now being “erased.”
“The Dow has now erased *the entirety* of gains made since January 2017 when Donald Trump took office,” said Matt McDermott, Vice President Whitman Insight Strategies.
The Dow has now erased *the entirety* of gains made since January 2017 when Donald Trump took office.
— Matt McDermott (@mattmfm) March 16, 2020
Conservative actor James Woods quickly crushed the liberal pollster, calling him “vile”:
You’re actually gloating about hard-working tax-paying American citizens taking catastrophic losses in their savings because it degrades Trump? God, you people are so vile. https://t.co/7LMYleONSs
— James Woods (@RealJamesWoods) March 16, 2020
The Associated Press reports the market has been “highly volatile” throughout the coronavirus outbreak as uncertainty continues to plague investors:
Markets remain highly volatile a day after their worst loss in three decades as traders remain uncertain about how badly the coronavirus will hit the economy.
The Dow Jones Industrial Average jumped more than 600 points in early trading, fell 200, then was nearly unchanged after the first half-hour of trading. lt lost nearly 3,000 points a day earlier after President Donald Trump said a recession may be on the way.
The Trump administration is proposing a roughly $850 billion stimulus plan to help the economy, including relief for small businesses and the airline industry, as well as a tax cut for wage-earners, sources told The Associated Press.
The travel industry has been among the industries hardest hit by the outbreak, as planes sit grounded and hotels and casinos shut their doors. Some economists say the global recession has already begun.
The S&P 500 jumped as much as 3.2% in the first minutes of trading, but the gains quickly vanished and the index was up just 0.1% at mid-morning.
As Twitchy reports, several others joined Woods in lambasting McDermott:
The Wuhan Coronavirus, aided and abetted by the mainstream media "panic narrative," has now erased the entirety of gains made since January 2017 when Donald Trump took office. There. I fixed it for you.
— 🇺🇸Eric Carmen🇺🇸 (@RealEricCarmen) March 17, 2020
You are a pile of human garbage!
Every hardworking American
— Bradley Scott 🙏🇺🇸 (@Hoosiers1986) March 16, 2020
Congratulations Matt! Hundreds of millions of Americans may be seeing their retirement funds and college funds erased as a result of a global pandemic, but at least you can blame Trump for it!
— Bongino Report (@BonginoReport) March 16, 2020
You're happy about this? You're not mentally well.
— David (The Gay Republican) (@GayRepublicSwag) March 16, 2020
@mattmfm is a scumbag. Hope somebody archived this tweet and rams it down your throat in a couple months
— Sandy Williams (@sandytntn) March 16, 2020
So Obama was right. It's his economy… 😎
— Howie from Maui (@TheTurtleClub) March 16, 2020
— Bryan G. (@projectvxn_) March 16, 2020
This will turn around by the end of summer & it will all be back. Libs are the lowest form of life.
— Dennis Sargent (@DennisC_Sargent) March 16, 2020
“The Press” pic.twitter.com/kTC99NG47J
— charity (@charitabee) March 16, 2020
Note: The author of this article has included commentary that expresses an opinion and analysis of the facts.