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Trump adviser Kudlow claims ‘nobody could have predicted the exponential rise’ of coronavirus cases

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During an appearance on CNBC’s Squawk on the Street this Monday, President Trump’s top economic adviser Larry Kudlow was asked if he ever takes a “step back” to think about the growing coronavirus numbers, in light of his past advice to spend less on healthcare and infrastructure.

Kudlow acknowledged that with the onset of the coronavirus, he’s now seeing things that “I never thought I’d see,” before reaffirming Trump’s “commitment” to getting through “this incredible emergency.”

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“I don’t believe anybody could have predicted the exponential rise of this,” Kudlow said.

There’s a wide swath of reporting suggesting that Kudlow is wrong. According to a New York Times report from late last month, the Trump administration received warnings about an impending pandemic as early as September.

“This president has used the private sector — the free enterprise private sector, in this crisis more than any other president has ever in prior crises,” he added.

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Jim Cramer: Coronavirus pandemic triggered ‘one of the greatest wealth transfers in history’

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CNBC's Jim Cramer said Thursday that that coronavirus pandemic has triggered "one of the greatest wealth transfers in history."

The remark from the network's "Mad Money" host came amid "ominous" economic data but a rebounding stock market.

"How can the market rebound without the economy? Because the market doesn't represent the economy; it represents the future of big business," said Cramer. "The bigger the business, the more it moves the major averages."

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Philly police threaten to call in sick during protests after officer charged with assault: report

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Philadelphia Police Staff Inspector Joseph Bologna has been charged with assault after a video circulated of him beating Evan Gorski, a Temple University student, during a protest. But according to The Philadelphia Inquirer, his fellow officers on the force are outraged — and may stage a "sickout" in protest.

"John McNesby, head of the city’s police union, came to Bologna’s defense, calling him one of the city’s 'most decorated and respected police leaders' who had to make a split-second call in a chaotic situation," reported William Bender and Jeremy Roebuck. "By Friday evening, talk was circulating about a 'blue flu,' or organized move by officers to call in sick in solidarity with Bologna, as another round of demonstrations, with crowds anticipated in the thousands, was set to take place Saturday in central Philadelphia."

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2020 Election

Silicon Valley rips off the mask as tech CEOs veer right amid political turmoil

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The times are a-changing in Silicon Valley. Once a reliable bastion of libertarianism from the CEOs at the top to the workers at the bottom, new schisms are forming between the workers and the owners — from white-collar software engineers unionizing at Kickstarter to Googlers and Amazon workers publicly denouncing their executives.

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