Trump admin stalwart Larry Kudlow assures public on second wave of coronavirus

Trump economic adviser Larry Kudlow assured CNBC viewers during a Monday interview that while there are a few coronavirus “hot spots,” a second wave of the virus “isn’t coming,” and there will not be widespread shutdowns. 

“There are some hot spots,” Kudlow said to Squawk Box co-host Becky Quick. “We’re on it. We know how to deal with this stuff now, we’ve come a long way since last winter and there is no second wave coming.”

After Quick pointed out that cases are resurging in some areas that had reopened, Kudlow said the CDC was stepping in to help in those areas. “We’ve got the testing procedures, we’ve got the diagnostics, we’ve got the PPE. And so I really think it’s a pretty good situation,” he reiterated.

New cases spike in several states

Texas, Florida and Arizona are three larger states that have seen record numbers of new cases in recent days. While testing is up in all three states, other indicators like percentage of positive tests and hospitalizations indicate that the spike is not only from increased testing.

In addition, California has also seen a rise in cases even with a slow and careful reopening. No state experiencing a resurgence is seeing hospital use near capacity, however.

White House trade adviser Peter Navarro told CNN over the weekend that the White House is preparing for a second wave of the virus, should it occur.

“You prepare for what can possibly happen. I’m not saying it’s going to happen, but of course you prepare,” Navarro said.

New treatments should lead to fewer deaths

A number of new treatments for the virus may be the reason why many of the states with spiking cases are not seeing a corresponding spike in deaths.

Dexamethasone, a low dose steroid, was shown in new clinical trials to cut the death rate for severe coronavirus cases by about a third.

Keeping patients off ventilators may also be lowering the death rate, since most patients that were put on ventilators eventually died from the virus.

The UK estimates that 5,000 lives could have been saved there if all severely ill patients had been given dexamethazone, the BBC reported. Only about five percent of people who test positive for the coronavirus need hospitalization, and most of these recover from the illness.

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