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Checks and Balance: Counting the cost

Checks and Balance: Counting the cost

Update: 2020-03-275
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President Trump worries a sustained lockdown may do more damage than the covid-19 pandemic itself. More Americans have been laid off in the past week than ever before. He wants the country back open for business by Easter. Meanwhile Congress has approved nearly two trillion dollars to avert a prolonged slump. But is it enough?


Chicago restaurant workers tell us what happens when an entire sector shuts down. Idrees Kahloon, US policy correspondent, assesses the rescue package. Economics columnist Ryan Avent looks back into history to find out what is missing from the current bailout plan


John Prideaux, The Economist’s US editor, hosts with Charlotte Howard, New York bureau chief, and Washington correspondent Jon Fasman.


Read The Economist’s full coverage of the coronavirus.


For access to The Economist’s print, digital and audio editions subscribe: www.economist.com/pod2020.


 

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Checks and Balance: Counting the cost

Checks and Balance: Counting the cost