Kudlow says one-third of the whole economy covered by new assistance package | ABC News

White House National Economic Council Director Larry Kudlow is interviewed on “This Week.”

#ABCNews #ThisWeek #Coronavirus #COVID19 #AssistantPackage #LarryKudlow

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38 thoughts on “Kudlow says one-third of the whole economy covered by new assistance package | ABC News

  1. People are not returning to work because our governors are dictating that we stay at home, businesses are closed, there is no work to be found and people do not want to get the COVID-19 and die. We have been 'shuttered in our homes' for months on end because our governors are out of control and have locked down the businesses in respective states that we live in. That being said, why do you think anyone is being overpaid by the Extended $600 weekly Federal Payments and not going back to work? Where are we supposed to get a job? I have been looking for a job since March 2020, and I still ill haven't found one, even though I have a college degree from a private college. I lost my business due to the Coronavirus and the Federal ($600) & State ($207) weekly unemployment benefits totaling $807 per week is not even paying my bills and meeting my daily needs. Yet that's all I qualify for since I am not a W-2 wage earner; but, instead I was self-employed paying twice the Federal IRS taxes that a typical W-2 wage earner pays. Then you tell me I'm not allowed to get a PPP loan via the Small Business Administration rules. Each person's circumstances are different, so please don't heap all of us together. If you want to cut back on employment benefits, do it to those making the $75,000 (single) to $150,000 (married) people; they are getting paid too much on unemployment benefits. You apply those standards in the same way to disadvantaged low-income people (above the poverty level). You are not fairly and reasonably compensating single, married, and self-employed people appropriately. Fix that problem before you start stating that people are getting overpaid… which most of us aren't.

  2. Folks you do realize that Kudlow is the same pos from the 80s that got out jobs sent overseas. That's why today we don't make a lot of things as we did then. Clothes are made overseas, Car parts etc… Those were good paying jobs. Now we have a lot of homeless and dead towns.

  3. $1,200 ever wonder how they come to this figure? Roughly it's the same as the minimum wage of $7.25 and you can't live on it.

  4. Remember when they had the virus contained airtight?

    Back when they needed the market to remain calm while they unloaded all of their personal stock.

    Remember that?

  5. This is the result of down playing an unpredictable issue but yeah hopefully the world learns from this and take action as soon as possible even closing the whole borders before the spread mostly China since the Wuhan Corona virus started there.

  6. Hope the other 2/3rds don't get sick and die… No one could see that coming…

    The $10T Tax Cuts and Jobs Act tax cut was thee largest financial assistance package in history….ftfy

  7. Isn’t he the man who told us last week that this was not a problem and that he was 99% sure that it would all be fine. Can’t believe anything he tells us, don’t trust his words. Look at what he does, not what he says.

  8. So…one hundred sixty million us citizens get a check in a country of over three hundred million. So about half of all us citizens make over one hundred thousand a year???. then what does the one percent bring in?. Or is it going to the trumper half??.

  9. coffee jobs and movie jobs employ mostly students. They have frequent turn over ratios. A lot of jobs are bull crap jobs. Let companies fail, America was strong before there were starbucks in every corner of america. This is why we should be socialist. Rather then asking americans to stay home, a socialist America would bring in the military to lock down fools to keep this virus from getting out of hand.

  10. Kudlow has been wrong too many times WAY too many for me to listen to one damn word he says.
    I seriously don't accept any of his self excusing.
    He is not responsible, he's just a market junkie.

  11. I see the comments. So, people want businesses to fail. So, when this is over there will be no place for you to work, good plan

  12. Stop lying. This stimulus is designed to exclude as many people as possible.
    Excluding people who owe child support alone will cut out 60% of people..

  13. This same joker said the “virus was locked down-AIR TIGHT” just 2 weeks ago! None of them factually know anything! He’s saying THIS crap here- “prayerfully”!
    They ALL SAY what Trump wants them to say!

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