Sen. Kennedy says decision on reopening the economy like choosing between 'cancer and a heart attack'

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Sen. John Kennedy: We have to open the US economy soon or it will collapse

The Federal Reserve cannot buy the U.S. economy, says Louisiana Sen. John Kennedy, Republican member of the Senate Banking Committee.

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Sen. John Kennedy, R-La., told "Tucker Carlson Tonight" Wednesday that deciding when to reopen the economy amid the coronavirus pandemic is like choosing between "cancer and a heart attack."

"The American people are not morons. They understand what I'm about to say," Kennedy said Wednesday. "We've got to open this economy. If we don't, it's gonna collapse. And if the U.S. economy collapses, the world economy collapses. And trying to to to burn down the village to save it is foolish. That's our cold, hard truth."

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Kennedy went on to say that most Americans know the virus is still spreading and understand it will spread faster whenever states and cities loosen their restrictions. As a result, he said, officials will have to be smart about the situation.

"Don't open up in the middle of a hot spot," Kennedy said. "Encourage your elderly and those with preexisting conditions to stay quarantined and provide them financial support. Wear masks, try to socially distance.

"Use technology without violating privacy to try to track the hot spots and track people who have been exposed," Kennedy said. "Test as much as we can. Make sure that we got health care capacity."

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Kennedy also reacted to reports that Democratic New Jersey Gov. Phil Murphy is eyeing July as the target for an economic opening.

"He's talking about leaving the economy closed until July. Do you really believe the American people are going to stand for that? They're not," Kennedy said. "This economy is going to collapse."