Washington: Now that people are getting their jobs back and the stock market is booming after the crisis triggered by coronavirus, the United States is on its way to a “very big comeback”, President Donald Trump has said.
“We are on our way to a very big comeback,” Trump told reporters at the White House on Wednesday.
The US, he said, is doing well in “so many ways”.
“You see what’s going on with NASDAQ. We just broke another record yesterday. Some good news came out of the Federal Reserve today,” the President said.
“We’re really doing a financial comeback. The jobs numbers were fantastic. Now we’ll have some other job numbers come up over the next few weeks, and we’ll see how that goes, but I think it’s really good,” Trump said.
Trump asserted the next year will be “maybe the best ever economy” that the US has seen.
“You can already see it with the stock market how it’s been going up because you have a lot of smart people that are betting on exactly what I’m saying because the stock market is almost as high as it was prior to the plague floating in from China,” he said.
Meanwhile, Treasury Secretary Steve Mnuchin has said the Trump administration is open to a second round of coronavirus Economic Impact Payments.
“I think we’re going to seriously look at whether we want to do more direct money to stimulate the economy,” Mnuchin told a hearing by the Senate Committee on Small Business and Entrepreneurship on Wednesday. “I definitely think we are going to need another bipartisan legislation to put more money into the economy.”Read More