The president and the White House are looking for ways to boost economic growth by urging Americans to return to work, as well as considering tax cuts for the next relief package — bound to please Wall Street and goose the stock market, which Trump views as its own form of polling.
Many Republicans close to the White House privately believe the markets will rebound long before the employment numbers do. One Republican close to the administration said the White House is “in denial” about the true scale of the carnage to the jobs market, according to interviews with six senior administration officials and close White House advisers.
Publicly, White House officials are keeping up Trump’s optimistic message of a recovery in the last two quarters of the year, even if it seems unlikely that Americans will want to fully participate in large-scale events like concerts or sports games, or attend celebrations, dine out or even travel.
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