Citizens and thousands of industries are facing massive economic turmoil and hardship there is of course one industry that appears to be immune to the economic followed to the covert 19 pandemic i am talking of course about our good friends in the military Industrial Complex yes the Washington Post is reporting that while stores and factories around the country are shutting down and millions are teleworking from home defense contractors have been by and large required to stay open meaning most of the industrys 2500000 employees have continued to work. Why well according to the United States undersecretary depends elen lord those businesses are considered Critical Infrastructure because while we may be in desperate need for face masks ventilators another life saving medical supplies and equipment we cant stop working on the f. 35 fighter jets or the predator drones or all the other wildly expensive implements of death that our wonderful merchants of death provide merchants of war provid
Right there is billion. Going to workers and they all higher millions of employees in this country. So yes, we probably need to do something so they are invested 50 million in profits during the good times and buying their own stock. And giving huge bonuses to to their their management. A bad time they want to see what the public bail us out. Well the latest version of the bill does include direct checks for americans as well which is something a sorely needed it would also increase Unemployment Insurance and would have money for Small Businesses to to help pay their employees while were dealing with this pandemic. What about here in the bay area on the south bay, several Silicon Valley companies are opening their wallets to help low income families that are suffering yet kron fours rob fladeboe tells us about a new Assistance Program designed to help people make ends meet. Well the covid 19 crisis is affecting the entire community low income an hourly wage residents who live paycheck
They are right now. Neel kashkari helped pull the nation out of our last economic crisis. Now with the Federal Reserve, he has a frank view of what must be done to save the economy from coronavirus. Having been on the front line of the 2008 financial crisis, and i saw how devastating that was, we did get through it. We will get through this crisis. Rightwing populism is making a notsosubtle comeback in europe. We found an interesting example in hungary, where a Government Program intends to stimulate birth rates by taking over fertility clinics, offering free treatments, giving cash loans, and even subsidizing minivans for young, married couples who become new parents. Im lesley stahl. Im bill whitaker. Im anderson cooper. Im jon wertheim. Im scott pelley. Those stories, tonight, on 60 minutes. ticking togethe a hand especially now with 6month payment relief. Buy a new ford, well defer 3 payments and make 3 payments for peace of mind up to 6 months. Shop at ford. Com or contact your fo
Discrimination is now hitting pop culture with the hip hop duo addressing it head on all right its time to boost your news i q. We start this hour with breaking news the u. S. Now has the most coronavirus cases in the world topping now at over 82000 people thats compared to chinas 81000 cases now worldwide there are now more than 526000 confirmed cases and more than 23000 deaths and just moments ago the White House Coronavirus task force held its Daily Briefing President Trump was just asked about the countrys virus infections heres what he said. No i think its a tribute to our testing. You know number one you know what the numbers are in china janet because you know because and. Im speaking to president xi tonight i believe you have a good conversation im sure but you just dont know you know one of the numbers its a tribute to the amount of testing that would were doing tremendous to this thing and im sure youre not able to tell what china is testing and not just. After days of debate
Children just months old have tested positive for cocaine 19 look at all the details right its time to boost your newest i q. Cope at 19 again dominating headlines with now 170 countries and territories reporting new cases here are the latest numbers for you worldwide there are now more than 510000 confirmed cases and more than 23000 deaths and here stateside confirmed cases now topping 76000 and deaths related to the virus now over a 1000 and as the economy faces a widespread economic shutdown caused by the coronavirus more americans are applying for unemployment claims especially in the hard hit state of california. R. T. Correspondent natashas wade is live for us in los angeles with more details natasha. Yeah manila the state of california has certainly been impacted by kobe 19th in the last 2 weeks alone more than 1000000 californians have filed for Unemployment Benefits since march 13th and thats when businesses have shut down to comply with the states stay at home order hoping to