Chief economic adviser Larry Kudlow predicts economic “snapback” in latter half of 2020

  • Kudlow suggests growth could be as high as 20%.
  • “I think the second half of this year is going to grow, big snapback.”
  • The American economy shrank by 4.8 percent in the first three months of the year, the sharpest decline since the financial crisis more than a decade ago.
  • Kudlow did not rule out the possibility of a fifth stimulus package but maintained that any new policy measures need to create incentives to grow in the “longer-term,” including a payroll tax holiday, small business regulatory relief, infrastructure plan and liability protection for companies.

Source: Fox News