Trump Just Congratulated Himself For Sending A Major US Industry Into Chaos

They call the presidency the “bully pulpit”, and now the biggest bully in the land holds the office. Frustrated by his inability to repeal Obamacare despite the fact that his party holds not just the White House but majorities in both houses of Congress, Trump is now bullying the nation to get his way. With his executive order ending the subsidies to insurance companies that help cover the cost of providing insurance to people who could not otherwise afford it, Trump has created a self-fulfilling prophesy: he says Obamacare is going to fail, so he’ll make it fail by recklessly devastating the financial tradeoffs that allow it to work.

The results will be disastrous, not just for the millions of Americans who will see their insurance premiums rise by 20% or more, but also for the health insurance companies, many of whom saw their stock prices drop by more than three percent in the aftermath of the president’s spiteful executive order.

To add insult to injury, Trump gloated over the results of his actions in a tweet this morning:

The reaction to his tweet was swift and demonstrated that Trump’s dastardly actions were transparent to most thinking Americans.

For a man who has shamelessly claimed the credit for the US economic recovery and subsequent stock market rally that clearly started years earlier during the Obama administration, the chortling over the economic distress that he himself has caused recalls an evil supervillain rubbing his hands together in satisfaction after he has put his nemesis in a seemingly untenable position. As we all know, that is the scene that always comes before the hero finds a way to turn the tables and bring the villain to his knees. Let’s all hope that that is the next step in the Trump healthcare saga.

Add your name to millions demanding Congress take action on the President’s crimes. IMPEACH TRUMP & PENCE!

Vinnie Longobardo

Vinnie Longobardo is a writer, producer, and international media executive formerly with MTV/Viacom, G4/Comcast, and Warner Bros., among others. He is a winner of the International Documentary Association Award for "Artists United Against Apartheid: The Making Of Sun City". Growing up in the Bronx, he was a high school classmate of Supreme Court Justice Sonia Sotomayor. He attended Cornell University, SUNY Binghamton, and NY Institute of Technology.

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