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60 Minutes

3/22/2020: Stopping the Virus, The Economic Emergency, A Populist Movement

60 Minutes

CBS News

Society & Culture, Tv & Film

3.82.6K Ratings

🗓️ 23 March 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Scientists rush to develop a novel coronavirus vaccine; Then, Fed official uncertain how economy will fare during the coronavirus crisis; And, why Hungary is paying its citizens to start families.

Transcript

Click on a timestamp to play from that location

0:00.0

If we had a therapeutic agent that we knew worked or if we had a vaccine that could help prevent

0:12.0

the spread of this illness, then, you know, then this would be something a little more controllable

0:16.2

than what we have now.

0:18.4

At the University of Nebraska Medical Center, one of the eerier scenes we have witnessed

0:23.3

in recent weeks, cocooned inside that bubble called an isopod, a 36-year-old woman, unlucky

0:30.7

to have been infected with this new coronavirus, but lucky to be here.

0:36.5

This facility was one of the first in the country built for outbreaks like this.

0:41.3

Millions of people are going to lose their jobs, and that's what's so scary about this.

0:46.3

Are the banks sound?

0:48.3

They are right now.

0:50.3

Neil Kashkari helped pull the nation out of our last economic crisis.

0:55.4

Now with the Federal Reserve, he has a frank view of what must be done to save the economy

1:01.3

from coronavirus.

1:02.8

I've been at the front line of the 2008 financial crisis, and I saw how devastating

1:07.5

that was, we did get through it.

1:09.7

We will get through this crisis.

1:13.6

Right-wing populism is making a not-so-suttle comeback in Europe.

1:18.6

We found an interesting example in Hungary, where a government program intends to stimulate birth

1:24.2

rates by taking over fertility clinics, offering free treatments, giving cash

1:29.5

loans, and even subsidizing minivans for young married couples who become new parents.

1:38.4

I'm Leslie Stahl.

1:40.1

I'm Bill Whitaker.

...

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