Larry Kudlow: ‘175 Million Americans Have Received Federal Assistance in One Form or Another’

RUSH EXCERPT:

KUDLOW: “Well, look, first of all, we have to execute the last package. And the numbers are very strong. These are the small business loans. As of, I guess, Friday, we’ve put up over $100 billion already just in a few days. That’s of course on top of the prior $350 billion. Look, Jake, 175 million Americans, 175 million Americans, have received federal assistance in one form or another. That includes the direct checks, of course, and the unemployment compensation, and the small business assistance. So I guess what I would say to you at this particular juncture, let’s execute the continuation of what we’ve already done. Let’s see what the results are. The outlook in the weeks and months ahead directly is not positive, as you noted. The unemployment is very, very high, almost 30 million people. We are covering them with generous relief packages. Just trying to stabilize things and get folks through this. And then we will see, we will see in a couple of weeks, Jake, what needs to be done and perhaps how to do it.”