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Interesting Times with Ross Douthat

What's The Best Fix For a Recession?

Interesting Times with Ross Douthat

New York Times Opinion

New York Times, Journalism, News, Society & Culture, Ross Douthat

4.07.2K Ratings

🗓️ 26 March 2020

⏱️ 32 minutes

🧾️ Download transcript

Summary

As the coronavirus pandemic sends financial markets into a tailspin, strains gig economy workers and threatens the survival of businesses large and small, the columnists debate what policymakers should do to avert a virus-induced economic recession. Ross shares his own account of an increasingly American experience: feeling sick and waiting days for the results of a coronavirus test to come back. And an escapist recommendation worth a binge. For background reading on this episode, visit nytimes.com/theargument.

Transcript

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0:00.0

I'm Michelle Goldberg.

0:01.2

I'm Ross Douthon.

0:02.5

I'm David Lee and Hart.

0:03.9

And this is the argument.

0:10.8

This week, a firsthand experience with coronavirus testing.

0:15.4

They took a very quick no swab from each of us,

0:18.8

and we were supposed to get results in three days,

0:21.0

and I took my son home.

0:23.5

Then, what is the right government response

0:26.1

to the looming recession?

0:27.9

Clearly, we need to start sending people money,

0:30.1

and sending people more money than we're sending them.

0:33.7

And finally, a recommendation.

0:36.3

There has to be a period between collapse and sleep,

0:39.3

and that's what television is for.

0:43.6

A new drive through coronavirus testing site is up and running

0:46.8

in the metro Atlanta area.

0:48.1

There's a number of cases grows.

0:49.5

There's a new warning tonight.

0:50.6

The US does not have enough coronavirus test kits

0:53.6

to meet the current demand.

0:55.0

The White House plans to set up 47 drive-through

...

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