"I don't think he really cares whether the drug works or not..."
Given Trump's own limited intellect, he probably doesn't even understand what the drug does and doesn't do. As I understand it, its efficacy is quite restricted, in that it may shorten the recovery time of some patients. It's not a cure or preventive medication.
He will no doubt present it, as Terry says, as a great triumph for himself and the American people.
It's better than bleach, I suppose.
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