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Trump's senior economic adviser referred to Americans returning to work as 'human capital stock'

Posted On: 26 May 2020   |   Posted By: Business Insider

Trump's senior economic adviser referred to Americans returning to work as 'human capital stock'

Senior White House economic adviser Kevin Hassett told CNN's "State of the Union" on Sunday that America's "human capital stock" is ready to get back work as the country moves toward reopening its economy.
"Our capital stock hasn't been destroyed, our human capital stock is ready to get back to work, and so there are lots of reasons to believe that we can get going way faster than we have in previous crises," Hassett said.
Hassett's statements come as the number of Americans who filed for unemployment benefits continues to grow. Last week, the US weekly jobless claims hit 2.4 million , bringing the nine-week total to nearly 39 million.
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Senior White House economic adviser Kevin Hassett said on Sunday that America's "human capital stock" is ready to get back work as the country takes steps towards reopening.
Speaking to CNN's "State of the Union" on Sunday, Hassett discussed future unemployment and America's readiness to lift measures put in place to tackle...

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