by John Rubino
The political and financial worlds were baffled by President Trump’s decision, just hours after being released from the hospital, to suspend coronavirus stimulus bill negotiations “until after the election.”
Leaving aside the stupidity of massive new borrowing and spending on top of the past year’s multi-trillions, walking away from those talks seemed like a really bad political move.
But then, in almost the same breath, Trump turns around and demands a huge bailout for the airlines and a new round of $1,200 stimulus checks for individuals. Had he joined Biden in the drift toward senility? Or was there some method to the apparent madness?