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Re: Larry Kudlow on CNN said 400 from gov 400 from state, = 800, he doesn't know what he's talking about!

By: Cactus Flower in ALEA | Recommend this post (0)
Sun, 09 Aug 20 6:53 PM | 20 view(s)
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Msg. 38054 of 54959
(This msg. is a reply to 38051 by clo)

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It's all just fantasy stuff. The House passed its bill. It's waiting for the senate to talk about it. Then the president will have to decide what he does.

The EO is just fake news. Larry Kudlow is always wrong.




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Re: Larry Kudlow on CNN said 400 from gov 400 from state, = 800, he doesn't know what he's talking about!
By: clo
in ALEA
Sun, 09 Aug 20 6:32 PM
Msg. 38051 of 54959

in part:

Bash, meanwhile, asked about the new $800 amount, prompting Kudlow to suddenly increase it another $400.

“$1,200. Well, at a minimum, we will put in 300 bucks and the states will continue with their 400 bucks,” he exclaimed. “But I think all they have to do is put up an extra dollar and we’ll be able to throw in the extra $100. So it should be — may not be in every case because, as you know, we’re talking averages. Some states higher, some states lower. But on average, Dana, it’ll run to about $800.”

The CNN host pushed back, pointing out the Trump aide was “talking about some other money that I don’t know about” while noting the executive action says $400 with the states kicking in $100.

“Well, we will stand ready to repurpose if states put in a little bit more is all it amounts to. Right now that number’s around $700,” Kudlow replied. “I think they’ll get to 800. Some states can get positive 800. The key point here is that it’s a wage increase, Dana, of about $1,200 for the last four months of the year. That’s a big pay hike.”

http://www.thedailybeast.com/trumps-economic-adviser-larry-kudlow-doesnt-understand-trumps-covid-relief-orders?via=newsletter&source=Weekend?ref=home


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