In 1990, former President Richard Nixon wrote “Six Crisis” – a history of each crisis that he faced during his presidency. Since he was the first President I ever voted for, I eagerly read the book shortly after publication. While I remember little of the six individual crisis, I never forgot the primary lesson he learned.
The most dangerous time during a crisis is immediately after the crisis. During a crisis, you are very focused and unlikely to make a bad decision. Once the crisis is over, your focus becomes more relaxed, and you are more likely to make a bad decision.
Listening to President Trump acknowledge that the decision to restart the economy will be “the biggest decision” of his life, I wondered what advice the former President would give?
I suspect Nixon would say we can trust Trump’s decision on when to restart but not to trust his implementation.