CAL THOMAS COMMENTARY MAY 27, 2020
IN AMERICA, OPTIMISM HAS ALMOST ALWAYS BEATEN PESSIMISM. AMERICA WAS BORN IN OPTIMISM AGAINST ALL ODDS. OUR CHALLEGES TO MAINTAIN LIBERTY HAVE BEEN GREAT BUT WE HAVE OVERCOME THEM.
A FRONT PAGE STORY IN YESTERDAY’S WALL STREET JOURNAL INDICATES WE MAY BE TURNING THE CORNER ON THE SHUTDOWN ECONOMY. IT SAYS: “GLOBAL STOCKS ROSE TUESDAY ON OPTIMISM ABOUT ECONOMIES RE-OPENING AND THE POTENTIAL DEVELOPMENT OF A CORONAVIRUS VACCINE.
“INVESTORS WERE CHEERING SIGNS OF ECONOMIC ACTIVITY RESUMING FASTER THAN SOME PEOPLE HAD EXPECTED ACROSS PARTS OF THE U.S. AND ELSEWHERE IN THE WORLD. RESTAURANT BOOKINGS AND SPENDING ON HOTELS AND AIRLINES APPEARS TO BE PICKING UP IN THE U.S. AND COINCIDE WITH A DECLINE IN THE DAILY NUMBER OF NEW INFECTIONS. THE UK HAS LAID OUT PLANS TO REOPEN RETAIL STORES NEXT MONTH, WHILE ITALY, ONE OF THE HARDEST-HIT COUNTRIES, SAW PEOPLE RETURN TO BARS AND RESTAURANTS OVER THE WEEKEND.”
ALL OF THIS BODES WELL FOR PRESIDENT TRUMP AND REPUBLICANS IF THINGS CONTINUE TO GET BETTER. PEOPLE WHO WANT TO RETURN TO WHAT WAS A GREAT ECONOMY AND A NORMAL LIFE AS RECENTLY AS EARLY MARCH.
