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The Clark Howard Podcast

4.15.20 The airlines are getting bailed out; Telemedicine; Customer no service is a regular occurrence right now; Free streaming options

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 15 April 2020

⏱️ 40 minutes

🧾️ Download transcript

Summary

Clark discusses the specifics of the airline bailout. Telemedicine is becoming more and more important. Make sure to not forego necessary medical visits right now...just have them remotely! Customer no service is a regular problem in the age of Covid-19. Government agencies and many companies are responding in a much less timely manner. We're all streaming more TV these days. Clark tells you where you can go to stream for FREE! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm so glad you're with us here on the Clark Howard Show where it's all about you and

0:11.1

that wall of yours.

0:12.5

I want you to learn ideas to me so that you can keep more of what you have.

0:17.2

Forget what you make.

0:18.9

Right now we're trying to hold on to every dollar.

0:22.5

And today is the first day people are starting to see the stimulus money coming their pockets.

0:29.5

And industry by industry situation by situation the money that the feds are promising is piece

0:37.8

by piece starting to flow.

0:40.3

Everything except the aid specifically to small businesses.

0:44.6

The payroll protection program is still in a great deal of trouble and the idle loans

0:52.2

generally geared towards small businesses.

0:55.3

That's been a disastrous rollout.

0:58.2

But bigger industries are getting the financial support they need.

1:03.8

And it seems to be that the federal government is more adept at getting money to big players

1:12.3

than it is to half of the employment in the United States which is smaller businesses.

1:19.8

So big big big relief packages to Wall Street to various parts of the financial plumbing

1:28.5

of the country, the federal reserve unleashing massive amounts of money to support big industries

1:36.5

in the United States.

1:38.6

And the US Treasury Department reached a deal yesterday to give financial assistance

1:46.2

specifically to the nation's airlines.

1:48.6

They reached what's referred to as a deal in principle and agreement in principle with

1:54.6

allocations to each of the nation's major airlines, the nine of them getting money from

...

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