Donald Trumps view of our economic crisis?

Donald Trump has come forward in saying that the best thing for our Congress to do, is to do nothing. He doesn’t feel that the government has any business in buying out these failing banks. His argument is that with the market dropping, oil prices will even fall faster (seen yesterday as barrels dropped to $98). With every industry highly effected by oil and with oil prices dropping faster than the market, companies will be able to reduce their costs therefore capable of reducing their prices which is necessary in a depreseed economy. If oil prices fall low enough companies will be able to still maintain similar if not the same margins that currently exist. This would keep companies return on equity and return on investment percentages close to what they already are therefore giving the market some faith into investing. This could still lead to a lot of people losing money until oil prices fall low enough, but if it is true everything would work itself out.

I’m not sure whether I agree with this or not but I believe it has some merit and should be discussed. What do you guys think?