Kudlow Wants 'Timely and Targeted' Response to Coronavirus

The transcript discusses the administration's approach to economic challenges, focusing on targeted and temporary measures rather than large-scale fiscal policies. Concerns about job security, small businesses, and specific economic sectors are highlighted. The importance of planning and readiness for policy deployment is emphasized, along with the need for confidence in global economic leadership. The discussion also touches on potential policy tools like payroll tax cuts and cash injections, and the role of global coordination in addressing economic issues.

What is the administration's approach to addressing economic challenges?

• Ignoring economic incentives

• Implementing large-scale macroeconomic solutions

• Focusing on timely and targeted micro measures

• Relying solely on fiscal policies

What is the administration's stance on the temporary nature of the economic problem?

• It is not a concern

• It requires large-scale interventions

• It will fade and requires temporary measures

• It is a permanent issue

What is the administration's strategy before implementing specific economic measures?

• Gathering facts and information

• Implementing measures without data

• Focusing on permanent solutions

• Ignoring industry reports

What is the administration's view on payroll tax cuts?

• They are highly effective

• They are temporary and costly

• They have a permanent incentive effect

• They are the only solution

What is the administration's plan for supporting small businesses?

• Relying on tax cuts

• Ignoring their needs

• Injecting cash in dire conditions

• Providing large-scale loans

How does the administration plan to execute economic measures?

• By focusing on international aid

• By ignoring the situation

• By waiting for Congress

• Through executive orders if possible

What is the role of the G7 in the administration's planning?

• They are not involved

• They are making their own plans

• They are providing financial aid

• They are leading the administration's efforts