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Transcripts For CSPAN Washington Journal Primetime COVID-19s Impact On The Gig Economy 20240713

If you are recently unemployed, 202 7488002. We begin with the numbers, courtesy of Johns Hopkins university. 1. 9 million confirmed cases. The death toll around the globe, 125,000. In the u. S. , 600,000 confirmed cases. The death toll has now exceeded 25,000. This is a piece from the wall street journal that is focused on the pandemic. The headline is, Coronavirus Crisis legacy mountains of debt. He writes the following. The full impact of the coronavirus pandemic may take years to play out. One outcome is already clear. , andnment, business households will be loaded with mountains of Additional Debt. The federal government budget deficit will reach 3. 6 trillion in this fiscal year. 2. 4 trillion the year after that. Businesses are drawing down Bank Credit Lines. Preliminary signs are emerging that some households are turning to credit for funds. The debt surge is set to shape how governments and the private sector function long after this virus is tamed. He joins us from his home i

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