Yesterday, March 17, at a White House Press Conference Treasury Secretary Steven Mnuchin spoke about ways to improve the economy. Today’s Dow Jones Industrial Average (DJIA) closed at 19,898.92; when President Trump took office on January 20, 2017 the DJIA was 19,847.25 and it’s understandable that the White House is nervous.
But if there is one thing we’ve learned with this administration it’s this: they are long on making promises and short on keeping them. And Secretary Mnuchin said that he is “looking at sending checks to Americans immediately” and said that he is looking at doing this in two weeks. He didn’t say how much they would be, though many are looking at $1,000 or who would be eligible except that he doesn’t support paying millionaires.
So here’s the deal: two weeks from yesterday is March 31st. I’ll be checking my mailbox that day and I encourage all of you to do the same. And if we don’t see a check, we’ll know that this is yet one more time the White House promised something they didn’t deliver.