An economic advisor at the National Economic Council on Friday signaled there's no rush to release a second coronavirus stimulus package.
Congress is considering a $908 billion stimulus proposal after months of negotiations. This revised proposal does not include a $1,200 direct payment.Joseph LaVorgna, chief economist at the National Economic Council, signaled the White House sees no rush to release a coronavirus stimulus package as Friday's jobs report said more than 10 million Americans remain unemployed. , a figure far lower than the projected 460,000 additions and a sign that economic recovery has stagnated.
"Certainly people need assistance. While the unemployment rate certainly has surprised many people to the downside, we'd like to it to get to where it was pre-pandemic when it was at a 50-year low," he added. "So there are negotiations going on. We don't believe the recovery at the moment is in jeopardy."
Anyone actually believing ANYTHING this media rag prints is basically pretty ignorant and uninformed.
funny because Kudlow was just lying (again) that a deal was near. Always lies.... this entire administration is a joke. Right hand doesn't talk to the left hand.
Yes, the rich and well connected are doing fine. The little people are suffering but we’re not concerned about that.
Economic stimulus is for losers ? Says the guy who has a job paid for by taxpayers.
Nancy Pelosi never saw the urgency too!
There are five million unfilled jobs so they better hurry because there is only one job for every two of them.
Whether we make it through next week is the question...