What Happened in Houston
Prognosis: Misconception
Bloomberg
4.1 • 838 Ratings
🗓️ 25 June 2020
⏱️ 15 minutes
🧾️ Download transcript
Summary
In Houston, Texas, new Covid-19 cases and hospitalizations are surging. Some experts expect the virus outbreak to swamp the city’s medical infrastructure by July 4th. Emma Court and Joe Carroll report that if cases keep rising at their current pace in Harris County, which includes Houston, they will triple or quadruple by mid-July. The city’s hospital system may not be able to manage the crisis.
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| 0:00.0 | The forces shaping markets and the economy are often hiding behind a blur of numbers. |
| 0:04.8 | So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all. |
| 0:11.5 | Every day in just 15 minutes, we dive into one global business story that matters. |
| 0:16.1 | You'll hear from Bloomberg journalists like Matt Levine. |
| 0:19.1 | A lot of this meme stock stuff is, I think, embarrassing to the SEC. |
| 0:23.3 | Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen. |
| 0:32.5 | Welcome to Prognosis. I'm Laura Carlson. |
| 0:36.4 | It's day 106 since coronavirus was declared a global |
| 0:40.3 | pandemic. Our main story, the city of Houston is staring down the barrel of an exponential |
| 0:47.3 | increase in cases over the next few weeks, and its hospital system is on the verge of being |
| 0:53.6 | overwhelmed. |
| 0:55.5 | But first, here's what happened in virus news today. |
| 1:03.5 | In the United States, the pandemic is tearing through the heartland. |
| 1:08.2 | The U.S. saw one of its highest ever increases in cases yesterday. |
| 1:12.8 | More than 34,500 new infections. Close to the peak in April. New modeling predicts the virus will |
| 1:21.4 | kill 180,000 Americans by October. It's causing some states that were previously laissez-faire about virus restrictions |
| 1:30.6 | to take more stringent measures, like face mask orders and internal quarantines. |
| 1:37.0 | The virus is now ravaging some states that hadn't been hit as hard in previous months, |
| 1:43.3 | states that were slow to enforce lockdowns, |
| 1:45.8 | or quick to lift them. One of those states is Texas. Cases and hospitalizations there are surging. |
| 1:54.8 | As a result, Texas Governor Greg Abbott announced, and in an executive order today, that it was |
| 1:59.9 | putting the brakes on its phase reopening. |
... |
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