The stock market took a beating last week, due to fears of the spread of the coronavirus and that it might cause trade and manufacturing disruptions and launch the US into a recession. If the fear-mongering seems a little overstated, some medical experts agree. They think the World Health Organization is acting on pressure from China in raising the global health risk assessment to “very high,” the worst possible ranking. Here’s Dr. Marc Seigel condemning “alarmism” when we should be calmly doing whatever it takes to contain the spread and stop it.
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That’s just what President Trump has been working on for a while now, even as his critics relentlessly attack him, both for not doing enough and for doing too much. Example: when he stopped travel from China, Sen. Chuck Schumer sent out a tweet accusing him of hating immigrants. When it became apparent that was a smart decision (Australia quickly followed suit), Schumer deleted his tweet.
This is another example of why being a Senator is not preparation for being President: when you’re one of 100 Senators, you can shoot off your mouth with no consequences; but being an executive teaches you to make the tough decisions and deal with the consequences. All that Schumer will have to deal with is the fact that the Internet is forever, so his Tweet was preserved. He should be ashamed of it, but I think we’ve long established that he has no shame.
If you’d like to catch up with the latest on the coronavirus, the Instapundit site is doing a daily round-up. Here’s today’s, and I hope you don’t let it spoil your weekend.