Director of the National Economic Council Larry Kudlow referred to the month-long government shutdown that’s left hundreds of thousands of federal employees without a paycheck as a “glitch” and suggested the economy would simply “snap back” after the government reopens.
“It’ll snap back from its glitch, it will snap back from its anomaly,” he told Fox News on Thursday.
“An awful lot of smart people out there trying to make these estimates. It is like counting angels on the head of a pin. Can I be honest? We don’t know,” he continued. “All I’m saying is the direction, the trends, the surge, the improvement, it is all in place and this shutdown, which is regrettable. I don’t like hardships any more than the next person. Although , I think the president is 100 percent right on the respect to border security. Nothing’s changing!”
Kudlow: GDP will "snap back" from it's "glitch" when the government reopens pic.twitter.com/PKsXwL61Ta
— TPM Livewire (@TPMLiveWire) January 24, 2019