It is amazing to see a president proudly turn down an offer from the opposition party to inject trillions of dollars of stimulus into his ailing economy right before an election.

In early ‘09, the Obama White House had to beg and plead to get a few votes from the opposition on a stimulus, giving each one their pound of flesh, to cushion an economic free fall. Trump had a whole package gift-wrapped for him and swatted it away.

Even presuming for a moment that a Covid deal was unlikely, both sides were being cautious not to be seen as the one walking away from the table with so many Americans struggling. The president basically just flipped the table and left the room. And now stocks are falling.