How Do We Start The Economy Again?
Verdict with Ted Cruz
Premiere Networks
4.6 • 43.4K Ratings
🗓️ 3 April 2020
⏱️ 27 minutes
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Summary
Senator Cruz and Michael sit down from a safe distance to discuss the historic economic devastation brought on by coronavirus and what to do about 10 million job losses in just two weeks.
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Transcript
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| 0:00.0 | 3.3 million Americans lost their jobs two weeks ago. |
| 0:04.6 | Another 6.7 million Americans lost their jobs last week. |
| 0:09.5 | And we have got at least another month of shutdown to go. |
| 0:13.9 | This is verdict with Ted Cruz. |
| 0:22.9 | Welcome back to verdict with Ted Cruz. I'm Michael Nolz, Senator. |
| 0:26.2 | I'm sorry to be joining you in these unpleasant conditions. |
| 0:30.2 | I was hoping by now we could be doing shows in person again. |
| 0:33.2 | Instead, we are quarantined and the economy is collapsing all around us. |
| 0:37.2 | So we've got so much to get to 10 million Americans have lost their jobs in two weeks. |
| 0:43.0 | At what point does this shutdown become economically untenable? |
| 0:48.2 | Well, we've got two disasters that are playing out simultaneously. |
| 0:52.1 | We've got the public health crisis. |
| 0:53.7 | And it is real. The numbers keep growing, the fatalities keep growing. |
| 0:58.3 | And that, all of us are struggling to deal with that. |
| 1:03.1 | At the same time, we've got an economic crisis that's playing out. |
| 1:06.7 | And the economic crisis is caused by the government's policies put in place to deal with public health crisis. |
| 1:14.4 | That economic crisis is producing devastation. |
| 1:17.6 | 10 million people have lost their jobs in the last two weeks. |
| 1:20.7 | Small businesses are shutting down one after the other after the other. |
| 1:25.0 | Restaurants, bars, nail salons, movie theaters. |
| 1:33.1 | People are hurting. |
| 1:34.5 | And we don't know how long this is going to last. |
... |
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