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Which was the Imperial College london model which has been shown to be fundamentally flawed and they said ok lets take that as given and then lets look at lets kind of see what policies will save how many lives and they came up with us an astounding measure 1760000 wives which now by the way birch really no one believes that anyway thats what they said and then they took this value of a statistical life that economists talk about i can explain that a little more she was multiplied one by the other and valar got almost a trillion dollars in benefits and they said well lock downs are extremely c...

But they are going to cost close to a trillion so therefore we should do it. Is was it an economic consideration rather than a moral or ideological one thats correct but by the way i should have said lockdowns let me just read you what they study they study combine the home isolation of suspect cases home koren 1000 of those living in the same household as suspect cases and social distancing of the elderly and others at most risk well guess what we can we could have a has essentially had all of that without lockdowns so even that was. Done even energy can justify a lot of parents so thats stri...

The worst vics from the , to today. It is certainly better today. Francine here is ritika gupta with first word news. Ritika there has never been a month as bad as april for the british economy. Gdp fell more than 20 as the coronavirus lockdown took hold. On a threemonth basis, economic output shrank more than 10 . The imf says the Global Economy is recovering more slowly than expected from the coronavirus. The fund expects it will have lingering scars from the experience. The imf will release economic with injections june 24. It expects them to be worse than the last forecast in april. The im...

Worldwide as well. Good morning to all of you working from home during this endemic and listening to our pandemicontent this and listening to our digital speak torea we will Kevin Cirilli about the events in washington over the last 24 hours, and certainly the comments of various members of the military about the commanderinchief. We will also look at the ecb, that Important Press conference coming up. Jon will brief us on the difference between 500 billion on dollars. Illi it is extraordinary. To be honest, i have lost of the a million here and a million there of an white of unemployed americ...

Program,ve callin washington journal. Heidi shierholz, former chief economist at the u. S. Department of labor earned the Obama Administration from 2013 to 2017. Now with the Economic Policy institute. Thank you for joining us this morning. Thanks for having me. Host wanted to talk about the impact of the pandemic on workers. What do you see . Its pretty grim. Its really bad right now. So as of mid april, the official Unemployment Rate had jumped to 14. 7 . But because of some misclassification and undercounting of people who had lost their jobs as a result of the virus, i think that a more ac...