Coronavirus: US economy will benefit from this epidemic

UNITED STATES (OBSERVATORY NEWS) — From the situation created by the coronavirus it seems that the US economy can benefit.

US Secretary of Commerce Wilbur Ross has indicated that the spread of the virus in China will be positive for the country’s economy.

In a televised interview, Ross said it would greatly help to restore jobs in North America.

A few hours later, the US Commerce Department explained that the priority in this situation is to get the virus under control and to help people.

Ross’s statement has had a lot of negative reactions, especially from Democrats. Don Beyer, in a Twitter post, questions whether American business will benefit from this epidemic.

Even domestic and foreign economists have considered Ross’s conclusion strange.


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