Amazon Warehouse Safety; Wartime Production Laws in a Health Crisis; Mortgages in a Pandemic

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 April 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Former FDA chief Dr. Scott Gottlieb hopes the rate of Covid-19 infections in New York will start to slow next week, but wildcards like Texas and Florida could push the nation’s death toll close to the President’s sobering new estimates. Eurasia Group’s Ian Bremmer explains whether the federal government will use wartime production laws to force companies to make essentials during the coronavirus pandemic. Plus, mortgage applications to buy a home have plummeted 24% during the health crisis, and an Amazon worker led a protest about unsafe conditions in a New York warehouse, was fired, and is still speaking out about worker protection during the coronavirus pandemic.

Transcript

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0:00.0	This is Squawk Pot. I'm C. NBC producer Katie Kramer. Today on our
0:05.2	podcast, The Long Hall, President Trump warning that we could see up to 200,000
0:10.7	American deaths due to coronavirus.
0:13.0	It's absolutely critical for the American people to follow the guidelines for the next 30 days.
0:19.0	It's a matter of life and death.
0:22.0	What a number of that scale means to the future of corporate America.
0:26.0	Eurasia Group's Ian Bremer joins us.
0:28.0	As the American economy moves deeper into not just recession but deeper into much more visible
0:33.9	unemployment there will be a separate push that will matter from this
0:37.6	Trump administration and how long the isolation could last we'll hear from
0:42.0	Dr Scott Gottlie.
0:43.2	Hopefully going into next week you start to see a slowing. You're going to see the burden on the
0:46.7	health care system continue to increase in New York well after the point which new
0:51.0	infections have peaked and started to decline.
0:53.0	Those stories, plus fired from Amazon, the New York worker who said the warehouse wasn't safe.
0:58.5	It's Wednesday, April 1st, 2020, no fooling.
1:02.0	Squawk Pond begins right now.
1:04.9	Good morning, everybody.
1:05.8	I'm Becky Quick, along with Joe Kern and Andrew Ross
1:08.1	Sorkin.
1:08.8	We just closed out a record first quarter,
1:10.9	and by record, we're talking an infamous record here the dau shedding more
	...

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