President Donald J. Trump wants to get the economy back on track by Easter and as long as it is feasible it should be done. The key word is feasible; President Trump understands that the economy matters and history has shown that panic has led to government “cures” that are worse than the disease.
While everyone complains about the ever-increasing costs of prescription drugs, after learning about that many of our prescription drugs are manufactured in China, would people be willing to pay more knowing they are manufactured in America. I certainly would. Is US Too Dependent on China for Medical Supplies?
At this time, the market is up most likely based on the fact that there is an agreement on the “coronavirus bill”, however there is a new problem with the bill. Four GOP Senators have a grave concern that there is a massive drafting error in the bill. Read about it here. Governor Andrew Cuomo says the bill would be “terrible” for New York State. Read more here. BTW, Sen. Schumer is taking credit for the “coronavirus bill”. Anyone surprised by his taking credit?
New York State, already facing a budget huge deficit, should expect a bigger hole, according to State Comptroller Tom DiNapoli.