The coronavirus has caused a “short-term pause” in President Trump’s economic growth, but once the crisis subsides, the economy will “roar back to life,” economist Stephen Moore predicts.
“I just see this as a real short-term pause in the growth that Trump has created.”
Once we get this thing contained the economy will roar back to life.”
While spreading, the COVID-19 risk in the US is low, Mr. Moore reminded, saying the “confidence and the health of the American people” must be restored before growth “can get going again“.
“The market and the real economy will burst back to life,” Mr. Moore said Sunday in an interview.
For most people, the flu-like viral illness causes mild to moderate symptoms, such as fever and cough. But older people are more likely to have serious illness and that underlying health conditions make it harder for people to fight off the illness.
100,000 + people have been sickened and more than 3,500 have died of the coronavirus YTD, according the World Health Organization (WHO) and figures from state government leaders and health officials, and more than 52,000 people have recovered.
Have a terrific weekend