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Cuomo: Economy Won't Bounce Back On Its Own
Video Credit: Wochit
Published on May 24, 2020 - Duration: 00:33s
Cuomo: Economy Won't Bounce Back On Its Own
Albin Lohr-Jones/Pacific Press/LightRocket via Getty Images New York Gov.
Andrew Cuomo said the US economy won't recover on its own because "too many small businesses have closed" and corporations won't rehire as many workers as they laid off.
"They had fewer workers and used more technology and they're going to decide: 'Well, we don't need as many workers,'" he said during a press conference Sunday.
Cuomo said the government will need to play a role in stimulating a post-pandemic economy by working with the private sector and investing in infrastructure projects, education, and telemedicine.