President Donald Trump’s senior economic adviser, Kevin Hassett, presented a cold view of the U.S. economic system Sunday, referring to American workers as “human capital stock.”
In a Sunday interview on CNN, Hassett predicted that business would pick up again soon.
“Our human capital stock is ready to get back to work,” he said, while admitting at the same time that the nation will continue to struggle with unemployment as high as 23% this month.
The smiling Hassett seemed blithely calm about an unemployment rate “north of 20%” in May, which may be higher in June and will likely be in the double digits by November, he said.
Critics on Twitter didn’t take to Hassett’s terminology — or the fact that workers will be bringing up the caboose again while potentially risking their lives if there’s a second COVID-19 spike, which Hassett didn’t even acknowledge.
A HuffPost Guide To Coronavirus
- Stay up to date with our live blog as we cover the COVID-19 pandemic
- What you need to know about face masks right now
- How long are asymptomatic carriers contagious?
- Lost your job due to coronavirus? Here’s what you need to know.
- How to switch off from work when home is your office
- 8 sleep tips if coronavirus anxiety is keeping you up at night
- How long does coronavirus live in the air?
- The HuffPost guide to working from home
- What coronavirus questions are on your mind right now? We want to help you find answers.
- Everyone deserves accurate information about COVID-19. Support journalism without a paywall — and keep it free for everyone — by becoming a HuffPost member today