Treasury secretary says economy will rebound in months

Treasury secretary says economy will rebound in months

Treasury Secretary Steven Mnuchin said Sunday that the US economy will bounce back from the pandemic in months, and not in years. Mnuchin said more testing, as well as potential treatments for COVID-19 will help the economy bounce back. ’...as we get comfortable re-opening the economy, I think we’ll see a big rebound,’ Mnuchin said.

Sandra
Sandra
Terra
Terra 0 months

We have a pandemic, historic levels of unemployment, a huge debt and credit bubble, and swaths of new loans taken by small businesses that will need to be payed when the economy opens. The only reason the market hasn’t nose-dived yet is because the Fed is pumping the market with trillions of dollars and tricking the algorithms. We are going into a recession.

Carol
Carol 0 months

Liar! Why should "we" believe anything that comes out the Trump WH?

Antony-John
Antony-John 0 months

Election stunt?

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