Politico reports:
White House National Economic Council Director Larry Kudlow said Tuesday that the U.S. has “contained” the threat of a domestic coronavirus outbreak, breaking with the warnings of officials from the Centers for Disease Control and Prevention.
“We have contained this, I won’t say airtight but pretty close to airtight,” Kudlow told CNBC’s Kelly Evans on Tuesday afternoon.
Kudlow’s confidence was set against U.S. stocks, which suffered their worst day in two years on Monday and were down again Tuesday amid fears that the coronavirus could mushroom into a pandemic. But the White House economic adviser suggested that the virus’ impact is “not going to last forever.”
Just after the CDC says America is headed to a possible coronavirus outbreak, Trump’s chief economic adviser LArry Kudlow tells CNBC the virus is “contained” and advises long-term investors to buy the market since it has dropped (600 points today). pic.twitter.com/rstKUK3cDO
— Oliver Willis (@owillis) February 25, 2020
Good thing Kudlow, who was talking about the “Bush boom” in December 2007 and urging people to buy stocks in September 2008, has such a long record of being right and making accurate predictions … https://t.co/ChizXNhKHG
— Aaron Rupar (@atrupar) February 25, 2020