Talk about being inoculated against fact and reason here's a transcript of what Trump said and the context of the meaning of what he said.

https://www.dailysignal.com/2020/03/02/fact-check-did-trump-call-coronavirus-a-hoax/

Politico appears to misconstrue the subject of the president’s statement, claiming that Trump “tried to cast the global outbreak of the coronavirus as a liberal conspiracy intended to undermine his first term.”

But an examination of the video and transcript show Trump actually described Democratic complaints about his handling of the virus threat as “their new hoax.”

“We have exposed the far left’s corruption and defeated their sinister schemes and let’s see what happens in the coming months,” Trump said. “Let’s watch. Let’s just watch. Very dishonest people. Now the Democrats are politicizing the coronavirus, you know that right? Coronavirus, they’re politicizing it.”

The novel coronavirus, known as COVID-19, has spread from China to 53 other countries, sickening 85,403 people and killing 2,924 others as of Saturday, according to the World Health Organization.

Some Democrats, including former New York City Mayor Michael Bloomberg and former Vice President Joe Biden, have criticized the administration’s response to the outbreak as rudderless and ill-prepared due to Trump’s leadership and budget cuts at the Centers for Disease Control and National Institutes of Health.

But The Associated Press called this characterization “distorted” since the agencies haven’t seen loss of funding and have a “playbook to follow for pandemic preparation” regardless of who is president.

Trump described the “politicizing” of the White House’s response to the disease as an attempt to undermine his administration, likening it to Democrats’ impeachment drive and the Russia investigation.

“They tried anything,” said Trump about a minute after his first mention of the coronavirus. “They tried it over and over. They’d been doing it since you got in. It’s all turning. They lost. It’s all turning. Think of it. Think of it. And this is their new hoax.”

When looking at the entirety of Trump’s remarks, it appears the “new hoax” comment refers to the Democrats’ alleged “politicizing” of his response to the coronavirus threat—not the coronavirus itself.

The Hill, the Daily Beast and Slate, among other news outlets, reported that the “hoax” comment referred to Democrats’ criticism.

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Anyone can take part of a quote or conversation and spin it into a whole new concept, that's called spreading disinformation and you do quite a good job of it.