Trump waves off economists' prescriptions for preventing US coronavirus slowdown

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Trump waves off economists' prescriptions for preventing US coronavirus slowdown
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President Trump has sent a message to anyone expecting major economic aid to head off a coronavirus recession: Don't hold your breath. | Analysis by John Harwood

With financial markets reeling, some economists back direct bailouts for affected workers and businesses to prevent a contraction of the already-slowing American economy. But as he signed the $8.

Yet comments by Trump and his top economic aide made clear the White House does not currently back anything close to that scale."We're not looking at these massive, federal, throw-money-at-people plans," National Economic Council director Larry Kudlow told reporters."We are looking at timely and targeted where we can do the most good.

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