Treasury Secretary Steven Mnuchin on Sunday told Fox News' Chris Wallace that the American economy would "bounce back" from the coronavirus shutdown by this summer. "As businesses begin to open," Mnuchin promised, the "demand side of the economy" will "rebound."
Mnuchin was reiterating President Donald Trump's line on the economy — the idea that when social distancing ends, the economy will miraculously renew itself to pre-virus levels. "We're going to rebuild" the economy, Trump promised reporters last week, "and we're going to rebuild it better, and it's going to go faster than people think."
https://www.businessinsider.com/trickle-down-trumps-economic-policy-failed-for-pandemic-pitchfork-economics-2020-4
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