Trump: Oil Price Drop 'Good for the Consumer'

Posted on AllSides March 9th, 2020
From The Right

President Donald Trump sought to calm the nation's growing economic panic Monday by blaming the media and Democrats for fanning the flames of coronavirus fears, while praising the massive drop in oil prices as "good for the consumer."

Trump applauded the near 30% dip in oil prices over the weekend, which contributed to a massive sell-off on Wall Street that at one point took more than 2,000 points from the market.

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