Kudlow: ‘We’re Not Going to Spend Another $3 Trillion Since We Don’t Know What the Last 3 Trillion Has Actually Produced’

EXCERPT:

KUDLOW: “We have a small economics group working on these proposals for the President, to be refined. We’re not going to jump in, as everybody said, Secretary Mnuchin, myself, others, we’re not going to jump in on a gigantic negotiation right now. We’re not going to spend another $3 trillion since we don’t know what the last $3 trillion has actually produced. We have to assess that. But when we get around to it in a few weeks, perhaps, we will negotiate. I want to put as many growth incentives into this economy, so not only do we have a V in the second half of the year, but I want a blowout. I want a huge increase in growth next year and that requires incentives for investors for workers, for risk takers, for entrepreneurship. That is the American way to do this."