The reopening of U.S. businesses in coronavirus lockdown will be “data-driven,” but President Donald Trump is hopeful the restart will be in the next four to eight weeks, economic adviser Larry Kudlow told Newsmax TV on Thursday.
In an interview on “Spicer & Co.," Kudlow, the director of the National Economic Council, said Trump hasn’t set a specific date, but is hopeful there will be indications in the next two months.
"It’s going to be data-driven,” Kudlow said of the opening of businesses shuttered because of the virus.
“Our great hope is if the numbers continue to improve and you know I say it as much as a prayer as anything else, but if the data is improving, I know the president is very anxious to get the economy going.”
“All of America wants to return to normalcy so we will get there as fast as possible,” he added, saying the nation has to “be safe and secure.”
"I'm a very optimistic guy,” he declared. “Once we restart this thing is going to roar.”
Kudlow also defended the rollout of stimulus checks and loans to small businesses.
"Checks are running pretty fast,” he said. “The unemployment checks will start moving … the direct checks going out fast. We moved pretty darn fast.”
“On small business, 500,000 loans have been given,” he added. “That’s absolutely getting done … we are doing everything we can to help folks — 75 million Americans are getting help to get through this horrible thing.”
Important: Find Newsmax TV in 70 million U.S. cable homes on DirecTV Ch. 349, Dish Ch. 216, Xfinity Ch. 1115, Optimum Ch. 102; U-verse Ch. 1220, FiOS Ch. 615, Spectrum, Suddenlink, Wow or More Systems Here.
© 2022 Newsmax. All rights reserved.