Register for The Slatest to obtain the most insightful analysis, criticism and advice, delivered daily in your reception box.
What a difference one day made – or rather what a difference a message on social networks can make.
On Wednesday, President Donald Trump on Truth Social at lunchtime announcing that he temporarily reversed his threats to impose the most extreme parties of his calamitic pricing plan (although while imposing a rate of 10% on most countries, apparently, and 125% on China, in particular) did not simply provide a television billet in the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state. There, the speaking heads rushed to rent the administration – even more than usual.
“The main thing is that Donald Trump is back!” The anchor of Fox Business David Asman said with joy the viewers, painting the president as a kind of ingenious chess player. According to Asman, Trump was a prudent and heroic figure who had saved the world from an economic emergency (it doesn’t matter whether it was the one that the president had himself created). “The common sense businessman Donald Trump weighed all these things,” spurted, “and just when you think that hope is lost, that we are going to enter a recession, that we are going to have months, if not years, markets below, something like that is going!”
Later, Asman even held his phone to the cameras to show the Daily Mail home page almost also sycophantic. “We’re so back!” The title shouted. “The stock market becomes stratospheric for Trump!”
Throughout the day on Wednesday, Fox Anchors had reported on the tariff crisis, but still managed to find big times for other stories that would be catnip for their right audience. Fox and friendsThe Matinale network of the network, broadcast segments on so -called sanctuary cities dealing with deadly “illegal”, demonstrators of the university campus and transgender athlete students. When the conversation turned into prices, it was generally framed in a way that went far beyond the administration the benefit of the doubt. “This is why Donald Trump does it all at the very beginning of the administration”, “ promised Fox and friends Anchor Ainsley Earhardt. “So that we can see the advantages to come in the coming months before the end of the term.”
However, as the crisis had taken place in the past few days, even Fox News had struggled to continue as if things were as usual. Presenting on Fox Business on Wednesday morning, Jamie Dimon, Chairman and CEO of JPMorgan Chase, told Maria Bartiromo that a recession was a “probable result” – a clip that had been replayed on Fox several times through the day.
And yet, the anchors had made their best version to try to play a string quartet while the Titanic was flowing. “The worst case has not yet emerged,” Fox’s sales journalist Charles Payne told viewers shortly before the surprise announcement in an apparent offer to make the economic equivalent of polishing a fabric. On Wednesday, an impressive profits of Delta Air Lines, as well as an increase in mortgage requests, were all signs that things were quieter than the big titles, argued Payne. Just try to ignore that they are all a world of pre-trump prices.
The secretary of agriculture, Brooke Rollins, who seemed to forget somewhat the decades of post-war economic and economic domination that the United States had enjoyed, tried to convince viewers in an interview that the American status of “the greatest economic power in the world” had finished about a century ago “at the dawn of the progressive era.
“I hate being the only one to underline the evidence,” said John Roberts anchor, in Rollins, apparently remembering that he is ostensibly journalist, “but the Ticker Dow was on the screen while you were talking (and it is) down 6,000 points of the place where it was before it starts.”
“What is the disturbance that the American public will have to resist before it all starts to straighten?” Asked Roberts timidly.
“The answer was about 15 minutes!” Roberts then said to the viewers after the change of Melody of Trump.
Before the Truth social post, the massive earrings of Sandra Smith, the co-host of Sandra Smith, are studded with enough diamonds to blind the sun had seemed somewhat inappropriate to carry as she discussed the decimation of the retirement accounts of her viewers. But after Trump’s missive, they seemed to reflect his suddenly sparkling mood. “It’s amazing to look at … How the markets are rotated after the president’s announcement,” said Smith, when she was looking forward to the DOW going up above 40,000.
What the Fox team could not decide immediately was if it was the president’s plan from the start. They recalled that there were barely days, the White House had been vehemently sent as suggestions of “false news” that Trump was preparing to suspend the prices. Whatever the plan, Asman told viewers, Trump’s sudden overthrow was a boon for the Republicans seeking to avoid the crisis he had created. “Politically speaking, it’s excellent for Donald Trump,” he said.
He came across Charlie Gasparino, a senior Fox Business correspondent, to leave viewers with just a hint of reality. “I want to tell you that Donald Trump has surpassed the world. Believe me, I’m an American; I support my president. But that’s not really what happened,” he said. Instead, its reports suggested that the administration had been frightened by the “implosion” of the day after the US bond market, which was a sign, said Gasparino, that investors lost confidence in the “plumbing” of the American economy. If the United States could not sell treasury bills to people who only wanted to unload it, it was “Give Over,” said Gasparino. “From what I understand, this is what forced the hand of this 90 -day stay.”
Soon, in a rather extraordinary scene, Gasparino and Asman opened openly on what had just happened. “It was the White House that capitulated,” insisted Gasparino. Asman, meanwhile, tried to prove that Trump had intentionally brought things to the front before shooting the expert breaks. “You can look at it in this way,” said Gasparino, “or you could look at him that the pistol was at his head.”
Whatever the reflection, Fox News producers suddenly felt comfortable making a small change but symbolic to their cover: a live ticker showing the average Dow, which had only been shown on Wednesday on the screen on Wednesday when the prices were discussed, was quickly fixed in Chyron at the bottom of the screen. Dow, like the mood of the fox, was suddenly in positive territory.
Register for the Slate evening newsletter.
