Director of the United States National Economic Council Larry Kudlow, on Friday, June 12, rejected the idea that there could be a second wave of CCP (Chinese Communist Party) virus contagion or new coronavirus leading to new economic restrictions.
“I spoke to our health experts at some length last evening. They’re saying there is no second spike. Let me repeat that. There is no second spike,” Kudlow told Fox News. “There is no emergency. There is no second wave. I don’t know where that got started on Wall Street,” he added.
“Secretary Mnuchin said yesterday in testimony—and I totally agree—we are not going to shut down the economy. (…) What you do have is certain spots are seeing a little bit of a jump up, some small metropolitan areas are seeing it. The CDC and the health people are all over it. They’ve sent some task forces out to deal with it,” Kudlow said.
Kudlow stressed that nationally the rate of increase in new cases is between zero and 1 percent, suggesting that this meant a flattening of the curve.
“And with respect to fatalities, it’s the same. It’s actually lower than that. It’s like zero to a half [of] a percent,” Kudlow added during an interview on “Fox & Friends.”
As the Washington Examiner pointed out, the Dow Jones Industrial Average gained 477 points on Friday but dropped 5.5 percent last week because of the fears associated with an increase in contagion cases in some quarters.
Also on Friday, the Centers for Disease Control and Prevention (CDC) said that blockades could be implemented if cases of the CCP virus increase.
Fox News said that the president of the Council of Economic Advisors, Kevin Hassett, spoke with Dr. Deborah Birx, White House coronavirus response coordinator, who although she recognized that there are “some embers flaring up in a few places,” rejected the possibility of a second wave of CCP virus infections.
According to data from the CDC, the United States has seen a 36.5% increase in the number of daily infections recorded in recent days while street protests are taking place.
According to Fox News, the 10 counties that have seen the greatest increase in infections per 100,000 inhabitants in recent weeks are located in 8 states, which are: Georgia, Virginia, Louisiana, Mississippi, Arizona, Texas, Minnesota, and New Mexico.
According to statements given on Friday by New York Gov. Andrew Cuomo, New York state has the lowest infection rate among all U.S. states.
“This virus is spreading at the lowest rate in the state of New York of every state of America,” the Democratic governor said during a press conference, attributing the good results to a ‘disciplined’ reopening.