'As good as it gets': Larry Kudlow rejects recession fears

White House chief economic adviser Larry Kudlow said Americans “should not be afraid of optimism” after a wobbly weak on Wall Street, arguing President Trump’s agenda of tax cuts and deregulation are working and they’ll stay the course.

U.S. stocks plunged Wednesday on fears of a recession and weak economic performances from Germany and China, though investors recovered some losses later in the week.

Mr. Kudlow said he does not fear a recession. More Americans are working, they’re seeing higher wages and they’re spending their cash.

“That’s about as good as it gets,” he told Fox News Sunday. “I think we’re in pretty good shape.”

“We should not be afraid of optimism,” he added.