Trump: Virus Is Under Control, Markets Look Very Good

Raw Story reports:

President Donald Trump boasted about the state of economy Monday afternoon, not even an hour after the markets closed on the worst day of investor panic in two years. Analysts broadly agreed that the sudden stock market plunge was a result of the emerging coronavirus pandemic, which started in China but has spread to Italy, South Korea and elsewhere, triggering expectations that it could be harder to contain than had been hoped.

The fact that Trump would tell such an absurd lie about the stock market on its worst day in two years is deeply disturbing. We need no new evidence that he’s an unrepentant liar, of course, but this kind of outright deception and effort to instill distrust of other news sources is extremely dangerous in the time of a public health emergency. Citizens and institutions need to be able to look to the government for reliable information to keep themselves safe.