Can Trump Avoid a Post-Coronavirus Great Depression?
The Political Scene | The New Yorker - Ein Podcast von WNYC Studios and The New Yorker
Two weeks ago, Congress passed a two-trillion-dollar stimulus bill aimed at mitigating the damage the coronavirus is doing to the American economy. With the stock market flagging and unemployment reaching historic highs, further government intervention will almost certainly be needed to stave off financial devastation. But even as COVID-19 cases quickly rise around the country, President Trump says that business should return to normal this spring. John Cassidy joins Dorothy Wickenden to discuss the dangers of Trumponomics, lessons from other nations about how to respond to pandemics, and how to put American back to work without precipitating a rebound of the virus.
