Treasury Secretary Steven Mnuchin said on Sunday that he thinks the United States economy will bounce back to the position it was in before the coronavirus pandemic in a matter of “months,” a sunny prediction at odds with many economists who see the US as entering a historic economic downturn.
When asked by CNN’s Jake Tapper on State of the Union if he thinks the economy will rebound to pre-coronavirus levels of strength in months or years, Mnuchin said he believed it would be the former.
“I think it will be months. I definitely don’t think it will be years, we are going to conquer this virus, we are going to have terrific breakthroughs,” Mnuchin said. “Not just on the testing but on the medical