Kudlow: US Has Regained Control of Virus
The United States has “regained control of the virus,” White House economic adviser Larry Kudlow told reporters Monday.
He made the comments in the context of explaining the sharp drop in the Dow Jones average during the day, blaming the United Kingdom and Europe for any stock market concerns.
“There’s some worries that Britain might shut down,” Kudlow said. “That’s a great concern.
“The USA is in much better position, thankfully. We’ve regained control of the virus, both the cases and the fatalities. But I think people are worried about Britain and maybe the rest of Europe as well.”
He also said the United States is in a “self-sustaining, strong v-shaped recovery,” adding the “battle is not over yet, with a good deal of hardship left,” but “as long as businesses keep open and stay open, we’re in much better shape than we were – although we got a lot of work to do.”
Kudlow added the continued economic recovery is not contingent on the assistance package being negotiated in Congress, although he said elements of the legislation could help, especially aid for small businesses.
Kudlow has previously dismissed the severity of the coronavirus, both rejecting the idea of a second wave and playing down the pandemic during the Republican National Convention last month, using the past tense when addressing the issue, Mediaite reported.
Published at Mon, 21 Sep 2020 20:33:48 +0000