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Chasing Life

Saving Lives or Saving the Economy?

Chasing Life

CNN

Nutrition, Health & Fitness, Mental Health

4.58K Ratings

🗓️ 26 March 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

How do you choose between saving lives and saving the economy? CNN Chief Business Correspondent Christine Romans talks to investor Bill Ackman, and CNN Chief Medical Correspondent Dr. Sanjay Gupta consults with bioethicist Arthur Caplan about some of the tough issues we're facing during this pandemic. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

We have never pushed this much money out the door, a big $2 trillion package that shows

0:07.1

that both parties are willing to spend some money to prevent the economy from falling

0:10.7

off a cliff.

0:11.7

America will again and soon be open for business very soon.

0:17.7

A lot sooner than three or four months that somebody was suggesting.

0:23.0

It's a false choice to say public health or restart the economy.

0:27.3

You cannot put a value on a human life.

0:30.8

We've seen wild swings in the stock market over the past few weeks.

0:34.4

The S&P dropped to its lowest level in over three years this week.

0:39.0

Unemployment rates are soaring and a global recession has now expected this year.

0:44.2

But lawmakers in Washington have also reached an agreement on a $2 trillion stimulus package.

0:51.2

At the same time, doctors around the world are scrambling to address the COVID-19 outbreak

0:56.5

and facing some difficult decisions about how to best care for their patients.

1:01.5

On today's episode, we're looking at what happens when we're presented with the choice

1:05.2

of saving lives or saving the economy.

1:08.8

I'm Dr. Sanjay Gupta, CNN's Chief Medical Correspondent, and this is coronavirus,

1:14.2

fact versus fiction.

1:21.1

My specialty is medicine, not the economy.

1:24.2

So for a part of this episode, I want to hand things over to CNN's Chief Business Correspondent,

1:28.8

Christine Romans.

1:30.3

She is our resident explainer and chief of all things money.

1:34.1

Christine spoke with billionaire hedge fund manager Bill Ackman, who recently made headlines

...

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