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Post Reports

The lame-duck economy

Post Reports

The Washington Post

Daily News, Politics, News

4.45.1K Ratings

🗓️ 16 November 2020

⏱️ 30 minutes

🧾️ Download transcript

Summary

With protections expiring and no stimulus deal in sight, Americans could be heading for even more economic pain. The national security costs of delaying the transition. And the promise of at-home coronavirus testing.

Read more:

Could we get another stimulus package during the lame-duck period? Jeff Stein reports on the political forces at work, and the potential costs of doing nothing

Experts are concerned that President Trump’s unwillingness to start a transition threatens the security of our country. Shane Harris explained the risks on The Post’s “Can He Do That?” podcast.

Home tests could help in the fight against the coronavirus. So where are they? William Wan reports. 

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Transcript

Click on a timestamp to play from that location

0:00.0

From the newsroom of the Washington Post.

0:07.0

Hi, good afternoon. This is Tulu, Aurora, Niko with the Washington Post.

0:10.0

Hi, this is Amy Britton calling you the post.

0:12.0

This is Peter Jameson from the Washington Post.

0:14.0

This is Post Reports. I am Martin Powers.

0:19.0

It's Monday, November 16th.

0:24.0

Today, will there ever be another stimulus?

0:27.0

The national security costs of a messy transition and COVID tests at home.

0:36.0

Over the last few weeks, we've seen tremendous increases in COVID cases,

0:42.0

hospitalizations, and lockdowns in many states and cities

0:46.0

begin to be discussed or implemented.

0:49.0

And yet, for all of this frenetic activity and all these dangers

0:53.0

materializing across the country, Congress is basically doing nothing

0:58.0

and negotiations over another relief package that would help Americans get through

1:04.0

what we're seeing are basically at a standstill.

1:08.0

My name is Jeff Stein. I'm the White House Economics Reporter for the Washington Post.

1:15.0

It's hard to overstate the potential pain that Americans could face if there isn't a single

1:22.0

face if there isn't a stimulus deal.

1:25.0

Not only are 20 million plus people already going without federal unemployment assistance,

1:30.0

another 13 million or so people will lose all unemployment benefits if they're gig workers or contractors.

1:37.0

There's also the base benefits that people get on unemployment, their state benefits,

1:41.0

those will end by the end of the year for many people.

...

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