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Can Trump 'open the economy'?

2lion70

Well-Known Member
Gold Member
Jul 1, 2004
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Seems Trump has left the Govs of the states do the heavy lifting so far. Does he have any authority to do as he wants - make the states/cities open and act normal?
I don't think ao.


(Bloomberg) -- The White House is developing plans to get the U.S. economy back in action that depend on testing far more Americans for the coronavirus than has been possible to date, according to people familiar with the matter.

The effort would likely begin in smaller cities and towns in states that haven’t yet been heavily hit by the virus. Cities such as New York, Detroit, New Orleans and other places the president has described as “hot spots” would remain shuttered.

The planning is in its early stages. But with encouraging signs that the outbreak has plateaued in New York after an aggressive but economically costly social-distancing campaign, President Donald Trump and his top economic advisers are once again boldly talking about returning Americans to work.

“We’re looking at the concept where we open sections of the country and we’re also looking at the concept where you open up everything,” Trump told Sean Hannity of Fox News on Tuesday night.

Larry Kudlow, the director of the National Economic Council, said earlier Tuesday on Fox News that reopening might begin within four to eight weeks.

“We are coming down, I think, the home stretch, that’s what the health experts are telling us,” he said at a White House event. “Once we can reopen this thing, I think it’s going to be very successful.”

The S&P 500 surged 7% Monday on investor optimism that the U.S. and other countries were potentially turning the corner in the outbreak with a slowing death toll. The index fell slightly Tuesday.

‘Greatest Economy’

Trump has sought a pathway to return Americans to work and schools since early March, even when his top health advisers recommended against it. As the outbreak mushroomed to hundreds of thousands of cases -- filling hospitals in New York City and threatening to overwhelm health systems elsewhere -- he backed away from a return to normal until at least the end of April.

Read more: When, and How, Does the Coronavirus Pandemic End?: QuickTake

But he continues to show his frustration with a pandemic that has blunted his best argument for re-election, the strength of the U.S. economy.

“We had the greatest economy in the history of the world, we had the most people working in the history of our country, almost 160 million people, far more than ever before. And then one day, our professionals correctly came to us and they said, ‘sorry, sir, we have to close down our country,’” Trump lamented Monday at a White House news conference.

The White House’s dilemma is that Trump didn’t lead on social distancing -- he endorsed the practices only after many governors, municipal leaders, businesses and ordinary Americans had already begun isolating themselves. It isn’t clear that they will respond if Trump urges Americans to resume normal business practices and socializing before the outbreak abates.

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases who is one of Trump’s top medical advisers on the outbreak, said Wednesday in a Fox News interview that members of the president’s coronavirus task force talked late into the evening on Tuesday about what it might look like to begin re-opening the economy.

“You don’t want to let up at a time that’s premature,” he said. But he said U.S. social distancing efforts appear to have been effective at reducing the toll of the virus, meaning fewer people will die than the 100,000 to 240,0000 the White House projected last week.

“It makes sense to at least plan what a re-entry into normality would look like,” he said.

One person familiar with the White House’s planning said that a reopening effort is likely within about 30 days and that it’s expected officials at the Centers for Disease Control and Prevention or other government health professionals may object. Further outbreaks are likely and the economy won’t turn back on like a light switch, as Trump has portrayed, the person said.
 
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