Ut there, talked to a bunch of us. Thee can antarctitarget zones e virus is less prevalent, things are safe, we are not abandoning professionals advice but there is a climate to try to and perhaps onomy have caused less of a shutin. Thats one piece. Thats yet to be determined but its one piece being looked at. The ill are going to need assistance because in the next you are still going to have hot zones, shutins. There is no miracle here. Not just flipping a switch. The assistance is so valuable. 2 trillion program, 4 trillion is the lending power from the thats a 6 trillion package. By the way, the fed cant act unless we pass phase 2 because phase 2 contains the exchange n the Stabilization Fund which is the equity piece for the fed lending. Is the guarantor and not the fed. Those two packages go together. The way, is by almost a third of the economy. Its a very big number and overs, as you know, Small Businesses, payrolls, unemployment, and so forth. So we need that. Need that. And that in effect will word is , perhaps the economy r maintain the so, yeah, business going well at beginning of the year, comes this summer, we want those businesses to survive. Working. People we want the workers to survive, first of all, and their am if a lease. Families. Ir in order to keep good jobs you have to have a good company, right . The whole thing works together. Not either or. Do you phase in with some are ho mr. Kudlow could be. Phasein. We will be looking at all that. Timeline . The mr. Kudlow i dont want to give a timeline. Is there conversation about the nau the [inaudible] r. Kudlow we havent had a g20 call yet . Those g20 finance ministers are in constant consultation and coordination. Sorry. Go ahead, maam. Sorry. Social distancing, stay at order mr. Kudlow you have to really the Health People on that. I dont thats not my role. Lane. Utside my yeah. When you talk about reopening economy, practically speaking, what can the federal government do to enable that . Right now its a lot of the governors at the state level policies g in throughout the states. Practically speaking, what can he executive branch do to reopen the economy . Probably guidance, bestially to put it at this stage, guidance. Job, ors doing a great right, and Governor Cuomo in new my home place, badly hit by virus. Who could have expected that . Job. A great gavin newsom in california. Out guidelines. We put out guidelines. Exercise any money monolithic ity authority. Weve taken measures. Now e to be vague right because this is just an idea thats beginning to build. Are you opening up the economy at the expense of Public Health . Mr. Kudlow i dont see it that way. Includes economic health. Thats the key point. Its not either or. Either or. And thats why we are taking a that. Look at one more. Nice to see you. How are you . Good. [inaudible] mr. Kudlow i have avoided that. I will continue to avoid it. It will continue to be rough. It will be a challenge. We have been seeing it for weeks and weeks. Will say this, if we get this package, we will be setting the stage for a good rebound in the second half of the year. Thats our thinking. Undergird e will workers and families, you know, Small Businesses. He banks are in good shape thankfully. Well see. E just we got to keep those payrolls up and keep the Small Businesses in place to the best ability. Thats why we need this package. Just vote on it. My message is please vote it through. Get it done. What about the idea of go back eople under 40 to work sooner . Mr. Kudlow you know, i dont want to be specific. Logical. You got some old people that are too. Hy names. Want to mention lavalliere i don i dont want to give the call. Public health also requires economy. And each has its priorities. I get that. Either or. Its not either or. The two have to work together. Jump. I got to go. Have a good day
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