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Comment by newen | Hacker News Reader

Trump is stuck between Wall Street and his base, I think. He is going to be crucified by his base if he bails out large companies like Obama did.

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If he's not crucified by his base for letting the disease go rampant, he won't get crucified for anything else. In any rational country his approval ratings would be in the teens, not the forties, right now.

>If he's not crucified by his base for letting the disease go rampant

For his small part in this, it was mismanaged, certainly. But if you think that the reason Covid-19 is spreading is because "Trump let it happen", you have an interesting view of how the institutions work.

Firing the pandemic department certainly doesn't help... For starters.

https://www.snopes.com/fact-check/trump-fire-pandemic-team/

He's been in denial for weeks, event calling it a Democratic Party hoax to try to take him down, instead of starting to take early measures.

But being crucified for letting the disease go rampant would be totally reasonable and his base isn't that.

His base will be more worried about their 401k/IRA/pension benefits. Everyone talks the talk about bailouts, but once it hits their accounts they are all for it.

Don't most corporate bailouts negatively impact their employee retirement prospects? I'm thinking of GM and Hostess in particular at the moment. The only winners seem to be the investors.

I’m referring to everyone being invested in index funds, even via their defined benefit pensions. If SP500 goes up, then everyone’s net “worth” goes up.

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