By morning, if not faster, it’s virtually certain that the MSM will intentionally mischaracterize the Trump administration’s plans for the economy. That’s how they roll. The key to understanding the administration’s plans, look no further than Treasury Secretary Steven Mnuchin’s quote.

In a statement to Fox News, Mnuchin said “The president is very much looking at how we can reopen parts of the economy. There are parts of the country, like New York, where obviously this is very, very concerning. There are other parts of the country where it’s not.”

Kudlow added “The president would like to reopen the economy as soon as he can, and we are planning internally,’ adding that the spread of the CCP (Chinese Communist Party) virus is what will determine when the economy can be reopened. ‘I am hoping … we’re only a few weeks away from a reopening. We’ll see.”

In other words, President Trump isn’t planning on opening the economy by opening NYC a week after Easter. The thought that the administration is planning this suggests that there’s some thoughtfulness involved. Larry Kudlow has helped build some pretty dynamic economies in his career. Why shouldn’t we think that he’s capable of rebuilding the economy another time? It’d be one thing if we were asked to trust someone for the first time. That isn’t the case this time. Mr. Kudlow helped build the original Reagan economy that created 20,000,000 jobs.

This is exciting news on the COVID-19 front:

“Everybody who knows me knows that I am very conservative about making projections, but those are the kind of good signs that you look for,” White House task force member Dr. Anthony Fauci said during a televised briefing on April 6. “That’s the first thing you see when you start to see the turnaround.”

The COVID-19 virus, aka the Chinese Communist Party virus, isn’t to be taken lightly. Still, there’s increasingly positive sign appearing daily. At some point, it’s time to unleash this economy again. It was creating millions of jobs. Wages were rising at 3.1%. Unemployment was at 3.5%. There isn’t much chance it’ll pick up right where it left off. Still, there’s no doubt that it won’t perform well again. This isn’t the Obama administration asleep at the switch this time.

Dr. Fauci answers when we’ll return to normal during this briefing:

Like the title of an old book, “normal is a setting on a dryer.” There’s no question that it’ll take awhile to forget this virus. Some of the dire predictions won’t happen, either.

Still, there’s lots of stuff that we’ll learn from this virus, including whether we should’ve shut down the economy like we did. The easy answer is that we should’ve shut it down but that position is losing popularity due to the fact that we’re realizing that many of our decisions were guided primarily by fear. Fear, aka panic, isn’t the best basis for policy-making.

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