merelygiftedTrump administration told elite, conservative donors the virus would be much worse than they let on
They didn’t tell them directly that they should readjust their portfolios. But they sent a very clear message, early on, that needed no further explanation.
As reported by the New York Times,
Trump administration officials in late February strongly hinted to the
Hoover institute, a conservative think tank that represents, among
others, key Republican donors and business interests, that the COVID-19
pandemic in actuality presented a far more dire threat to their economic
interests than that being conveyed to the American people at the same
time, when the worst public health crisis this country has experienced
in over a century was still a mere blip on every else’s radar. ...
