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Public Health On Call

057 - Kathleen Day Returns for an Update on Reopening the Economy Post COVID-19

Public Health On Call

The Johns Hopkins Bloomberg School of Public Health

News, Health & Fitness, Medicine

4.6644 Ratings

🗓️ 29 April 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

As officials consider how and when to scale back social distancing restrictions, a big question is: When the economy reopens, will there be anywhere to go? Financial crises expert and author Kathleen Day returns to talk with Stephanie Desmon about the millions of Americans filing for unemployment, whether our current crisis will rival the Great Depression, and how we could start to dig our way out. (Recorded April 13)

Transcript

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0:00.0

Welcome to Public Health On Call, a new podcast from the Johns Hopkins Bloomberg School of Public Health.

0:12.7

Our focus is the novel coronavirus.

0:15.2

I'm Josh Sharfstein, a faculty member at Johns Hopkins, and also a former secretary of Maryland's health department.

0:21.6

Our goal with this podcast is to bring evidence and experts to help you understand today's

0:26.9

news about the novel coronavirus and what it means for tomorrow.

0:30.5

If you have questions, you can email them to public health question at jhh.edu.

0:36.3

That's public health question at jh.h. That's public health question at jh.u.edu for future podcast

0:41.2

episodes.

0:42.5

Today, Stephanie Desmond brings back Kathleen Day, who has literally written the book on

0:48.0

financial crises.

0:49.9

They discuss the damage being done to the economy by the coronavirus

0:53.2

pandemic, and how a country

0:55.6

with more than 16 million people unemployed can eventually turn itself around.

1:00.5

This interview was recorded on April 13th.

1:03.9

Let's listen.

1:04.9

I'm here today with Kathleen Day, a lecturer at the Johns Hopkins Carey School of Business.

1:10.6

She's an expert on financial crises,

1:12.9

and her new book is called Broken Bargain, which is a history of financial crisis in the United

1:17.9

States. Thanks for joining me. Thank you for having me. So we have actually talked before,

1:24.2

and we talked a lot about the economy in the early weeks of the coronavirus crisis.

1:29.4

Today, we're seeing a whole new landscape, even though it's only been about a month since we

1:33.9

last spoke. We are seeing at least 16.8 million Americans a file for unemployment. Those are

...

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