News

White House Economic Adviser Larry Kudlow Speaks Of COVID-19 In Past Tense, Says ‘There Is No 2nd Wave’ Coming

White House economic adviser Larry Kudlow does not believe there will be a “second wave” of coronavirus cases.

“There is no second wave coming. It’s just hot spots,” the president’s chief economic adviser told CNBC on Monday. “They send in CDC teams, we’ve got the testing procedures, we’ve got the diagnostics, we’ve got the PPE. And so I really think it’s a pretty good situation.”

He added, “Actually, I think nationwide the positivity rate is still quite low, well under 10%.”

John Hopkins University & Medicine places the national positivity rate at 6% over a 7-day moving average, using data from the COVID-19 Tracking Project. However, the U.S. reported over 30,000 new cases on Friday and Saturday — the highest total since May 1, as states with low positivity rates such as New York offset the national rate.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

Kudlow acknowledged the “hot spots,” such as Florida, Texas and Arizona but dismissed their potential to cause a national resurgence.

“There are some hot spots. We’re on it. We know how to deal with this stuff now, we’ve come a long way from last winter,” he said.

Kudlow had struck a similarly positive tone about the virus early on, telling CNBC on Feb. 25 that “we have contained this.” He added, “I won’t say [it’s] airtight, but it’s pretty close to airtight.”

He later said he had “changed my view” on the containment of the virus within the U.S.

Kudlow told CNBC that President Donald Trump would continue to support the nation’s economic recovery from the pandemic, noting proposals the president had supported including in another relief bill.

“Things the president has talked about publicly. He has talked about a payroll tax holiday for the workforce, he’s occasionally talked about capital gains tax relief. He wants to help out with some form of tax relief,” he said. “Restaurants, entertainment, athletic contests, things of that sort. We want to help out the tourism business, which has been hurt very badly. We also want to reward people who are reemploying, who are going back to work.”

Katherine Huggins

Recent Posts

VIDEO: Trump Watches SpaceX Launch Alongside Elon Musk & Ted Cruz

https://youtube.com/shorts/YVrfbMZSVRE?feature=share US President-elect Donald Trump drew cheers as he arrived in Texas on Nov. 19 to watch…

2 days ago

Foreign Policy Experts Voice Concern About Trump’s Nomination Of Tulsi Gabbard For Director Of National Intelligence

After President-elect Donald Trump selected Tulsi Gabbard, a former Democratic congresswoman, as his nominee for…

3 days ago

Trump’s Pick Of Vaccine-Skeptic Robert F. Kennedy Jr. As Department of Health & Human Services Secretary Alarms Scientific Community

President-elect Donald Trump's announcement that Robert F. Kennedy Jr. will be his pick for Department…

4 days ago

VIDEO: President-Elect Donald Trump, Elon Musk & Cabinet Picks Attend UFC Fight In NYC, Crowd Chants “USA”

https://youtube.com/shorts/6CUvTmS87UM?feature=share President-elect Donald Trump arrived to cheers at an Ultimate Fighting Championship (UFC) event in…

4 days ago

Trump Pick Of Matt Gaetz For Attorney General Sends Shock Waves Through Capitol

President-elect Donald Trump's nomination of former Rep. Matt Gaetz (R-Florida) as his attorney general has sent shockwaves through…

5 days ago

VIDEO: Fights Break Out In Stand During France-Israel Match

https://youtube.com/shorts/TD8RNJl-NBk A fight broke out in one of the stands at the Stade de France…

5 days ago