Kudlow: What Could Sink the Economy Is Socialism, Not Coronavirus

Director of the National Economic Council Larry Kudlow and Advisor to the President Ivanka Trump speak at the CPAC convention in National Harbor, Md., on Feb. 28, 2020. Samira Bouaou/The Epoch Times

NATIONAL HARBOR, Md.—Top White House economic adviser Larry Kudlow said Feb. 28 that socialism poses a greater risk to the U.S. economy than the coronavirus, amid ongoing concerns surrounding the outbreak.

At this year’s Conservative Political Action Conference, the largest U.S. gathering of conservatives, Kudlow touted the current state of the economy but noted that uncertainty arising from the outbreak spread fears throughout financial markets, sending stocks lower.