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3 Martini Lunch – Political Humor & Commentary

Unemployment Skyrockets, U.S Indicts Maduro, COVID-19 Terrorism Threat

3 Martini Lunch – Political Humor & Commentary

Radio America

Government, News, News Commentary

4.61.5K Ratings

🗓️ 26 March 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

Jim and Greg shudder as 3.28 million Americans lost their jobs last week. They also recoil at an alleged plot to bomb a hospital full of COVID-19 patients. But they cheer the U.S. lowering the boom on Venezuelan dictator Nicholas Maduro.

This episode is sponsored by Acre Gold. Go to getacregold.com/martini. Acre is giving away a gold bar for the month of March. Tweet why you should win and mention @get_acre for a chance to win the free gold.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Three Martini lunch.

0:04.8

Grab a stole next to Greg Carumbus of Radio America and Jim Garrity of National Review.

0:09.6

Three Martini's coming up.

0:12.0

It is Thursday on the Three Martini lunch.

0:16.0

Really glad you are with us.

0:18.0

We've been scraping and scrambling and scrounging for good news

0:21.0

and we actually do have some, but we have to start off with bad news today except for the fact that once again we're sponsored by acregold that's good news get acregold.com

0:30.7

slash martini much more on them in just a moment but Jim we have two very

0:37.0

bad martinis here which will be kind of the sandwich with the good news in the

0:41.1

middle but the worst news of the day is by far the

0:44.4

unemployment numbers.

0:45.4

CNBC with the story here Americans displaced by the coronavirus crisis filed

0:50.3

unemployment claims and record numbers last week,

0:53.0

with the Labor Department reporting Thursday a surge

0:55.6

to 3.2 million in a week.

0:59.2

The number shatters the Great Recession peak

1:01.1

of $675,000 in March of 2009 and the all-time mark of 695,000 in

1:06.8

October of 1982. The previous week, which reflected the period before the worst of the

1:11.5

coronavirus hit was

1:13.0

282,000, which was higher than expected at the time,

1:16.8

and this nearly 3.3 million number greatly

1:20.2

exceeds the 1.5 million expectation here.

...

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