“We're going to get a return on investment from the children of this country being educated, they're going to join the workforce and they're going to be productive ... "
The government should provide more aid to individuals and small businesses, said former National Economic Council Director Gary Cohn in an interview Thursday with NBC News’ Stephanie Ruhle.
On the claims of a V-shaped recovery from his successor, current NEC Director Larry Kudlow, Cohn does not discount the progress that has been made. Cohn said there is still a huge financial issue for the nation, even with recent gains. “When you look at small- and medium-sized businesses, you look at anyone involved in the travel, leisure, hospitality, entertainment industry, they are suffering,” Cohn said. “Until we find a way to bring that industry back and many other small local businesses, we're not to be in a huge, strong, deep economic recovery.
Cohn is calling for stimulus aid to small business and education in particular. “We're going to get a return on investment from the children of this country being educated, they're going to join the workforce and they're going to be productive and they're going to pay income tax, and they're also going to be able to start businesses and hire new people of their own,” he told Ruhle.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Costco Is Selling 6-Packs of Mini Champagne Bottles That Are Perfect for Small CelebrationsThey even come with a special flute for sipping straight from the bottle.
Read more »
29 Products From Small And Under-The-Radar Businesses You'll Probably Want To Splurge OnEverybody ready to make some DIY kimchee?
Read more »
All Creatures Great and Small viewers surprised to spot Harry Potter star in the showAll Creatures Great and Small viewers have made a revelation about Hugh Hulton AKA Matthew Lewis on the show
Read more »
Fed, Treasury chiefs back more aid for small business but leave details fuzzyTop U.S. economic policymakers opened the door on Tuesday to further aid for small businesses hit by the coronavirus-triggered recession, but differed over how broad it might extend and the manner in which it should be delivered.
Read more »
America's 200,000 COVID-19 Deaths: Small Cities And Towns Bear A Growing ShareThe U.S. has now lost 200,000 lives to COVID-19. Early in the pandemic, most fatalities occurred in large metro areas. But deaths in small towns and rural communities have risen dramatically.
Read more »
More small businesses are turning to digital media during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »