Federal agencies. Order your copy online today at cspanstore. Org. Journal. Your questions and comments about the pandemic start now. The economicent of impact this pandemic has had on our country including a record job loss. Unemployment at its highest rate since the great depression. A decade of Economic Growth wiped away in a single month. Friday, may 8, we welcome the you to this addition of washington journal primetime edition of washington journal primetime. Michaele will talk to boston. But, we talk first to nancy pelosi. Good friday evening. And you are for being with us. We begin with the numbers courtesy of Johns Hopkins university. Worldwide, 3. 9 million confirmed cases of covid19. Globally, 270 4000. Here in the u. S. , the death toll 1. 2surpassed 77,000 with million confirmed cases. Up next, our conversation with House Speaker nancy pelosi. Seen theaker, we have shortterm changes to congress during the pandemic but im wondering if you think this will result in any fundam
The Unemployment Rate and job support yesterday was one of the worst of our lifetime. With 14. 7 percent of americas unemployed and 20. 5 million jobs lost in april alone. Some economists say those numbers are lower than what the reality is right now. President donald trump was at the white house yesterday and he met with gop members of congress. Asked about the unemployment numbers. Here is what he had to say. Where do you expect to see the unemployment numbers . I think the unemployment numbers are going to go way up. Wasstatement kevin made incredible. Everyone expects to have their job back very shortly. Bad economy, bad, deep recession or worse, nobody expects to have a job ever again. I saw the chart. Almost everybody expects that they will be working again. This was an artificial turning off of a tremendous economy. We did the right thing because we saved millions of lives. This was all of a sudden, one day we had to turn it off. I think its going to come back lazing. I think ne
Visiting scholar at the department of policy center. At the time when fiscal policy is as much or more critical, it is hard to imagine we could have anybody better than jay powell. Thank you for coming back to the Peterson Institute, chairman powell. Chairman powell thanks. Its great to be back. I have some brief remarks, then i look forward to our discussion. The coronavirus has left a devastating human and economic toll as it has spread. This is a Worldwide Public Health crisis and healthcare workers have been the First Responders showing courage and determination and earning our lasting gratitude. So have the legions of other essential workers who put themselves at risk every day on our behalf. As a nation we have temporarily withdrawn from many kinds of economic and social activity to help slow the spread of the virus. Some sectors of the economy have effectively closed since mid march. People have put their lives and livelihoods on hold, making enormous sacrifices to protect not j
Weapons traitor to Digital Technology has become both a tool and weapon. Its great all kinds of benefits but all kinds of challenges as well and where to grapple with both sides to that equation. Host your book is essentially a world tour that begins in quincy, washington. Why there . Guest my coauthor and i chose quincy because its one of the data center capitals of the world. Its near the columbia river. Data centers are being built there because its close to hydroelectric power that is both cheap and clean. We take the reader on a tour of what is really becoming the infrastructure of the 21st century. These mammoth buildings, more than 20, filled with electrical generators, hundreds, thousans of batteries but mostly server computers. Everything we do. Almost every day is accessing or storing our data in the cloud which really means one of these data centers. Host you have 100 of these in 20 countries . Guest more than 20 countries come with an 100 data centers. Microsoft is one of t
Samoa, the commonwealth of northern Mariana Islands come along, puerto rico and u. S. Virgin islands. More poorly we want to receive the perspective from our congress can help localss governments adequately address this world pandemic. Not just for the territories, its even i think have a better understanding when we say world pandemic as opposed to just try to keep it to the mainland here, discussion. The territories face unique challenges, geographic location, the unequal treatment under federal programs and the dire financial situation. And so the islands have been hit, have been hit by severe Natural Disasters including hurricanes, typhoons, earthquakes, and now theyre weakening the Healthcare Infrastructure in the economys is covid19. The local governments have been working to recover these communities and rebuilding these events, but w i believe theres more that needs to be done, and that one of the things that this virus has provided all of us, and helped provide everyone in con