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- 게시일 2020. 04. 02.
- Economic analyst Steve Rattner says the unemployment rate will shortly head into double digits and the country will likely still be looking at roughly 10 percent unemployment on Election Day. Aired on 4/3/2020.
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Steve Rattner: Unemployment Rates Set To Hit Double Digits | Morning Joe | MSNBC
![수상한 연구소 (Suspicious Lab) #1｜[SKZ CODE] Ep.47](http://i.ytimg.com/vi/STwgG2si9kQ/mqdefault.jpg)
![얼굴 최초공개, 아트록스 원챔 유일한 챌린저..! 김민재04 장인초대석 [테스터훈]](http://i.ytimg.com/vi/lkYiscVShJ0/mqdefault.jpg)
The only job loss that matters is the one I want to see on the evening of November 3 this year. That's unemployment we can all cheer about.
choose a clown..expect a circus
If the economy was really so strong business could weather a couple months of downtime. The truth is it was being propped up by the fed. With something like 40% of Americans making less
Than $40,000 there is no room for disruption. Corporate salaries in the $10s of millions are a disgrace when they don’t pay workers a living wage. Any business getting corporate welfare needs to freeze salaries at $499k or lower until all money is paid back with interest.
I might have the cap based on where people live. 150k salary is great in random suburbs, not I Manhattan
@@nosuchthing8 I assume that would depend on your quality of life choices. Hope your ok.
nosuchthing8 The prices in Manhattan would drop if the salaries in Manhattan drop. Supply and demand, in this case the demand would drop.
The US fed is about to learn the same lesson that Ontario learned here in Canada: You can,t protect the economy from this, you can only protect the people. If you put the economy first, it'll crash anyways but there'll be less people to rebuild it when this is over.
The lack of organisation and uniform leadership is going to devastate them for years from this.
The U.S President, Dump is about to fail Tremendously
I say we should all just die and quit postponing the inevitable
If people don't feel safe, they won't go around to buy nonessential goods and services. It doesn't help to push people to work, if consumers aren't willing to buy.
Mika Luostarinen great point.
Someone, at one of these Press Junketts, needs to ask the question; 'Are you lying? Or simply wrong?"
That's a nasty question, a nasty question. You'r a dreadful person. Trump Virus 2020
If the United States would have released legislation in the first few weeks of this crisis that ensured that people would still be paid, we wouldn't be dealing with such crazy unemployment. Most of Europe released legislation that covered 60-90% of employee wages, and those countries are not experiencing massive unemployment right now. There is a cost to not having a strong federal response to this problem.
"Are you better off now than you were four years ago?"
- Ronald Reagan
income is the same, but my sanity is much lower now.
"I may have Alzheimer's but at least I don't have Alzheimer's." - Ronald Reagan
The State of The Union is screwed. Way to manage the nation businessman-in-chief.
trueconsumer6 - do you mean failed "businessman-in-chief"?
@Allan Gregory He's no man...at least not by my definition!
@Allan Gregory True. Puzzles me. He sure has earned his place in history.
Unemployment is a much more meaningful measure of our nation's economic health than is the Dow Jones.
Stock indices measure the health of rich people's wealth, not "the economy."
yes, but unemployment is a deeply flawed statistic.
@@brocksamson3282 I said "much more meaningful." I did not assert it should be used as a single point of reference. Wage growth, individual savings rates & inflation are also all more important to real economic health than are stock indices.
The numbers show that Obama's economy has been growing stronger and stronger since 2009.
It was even able to keep running strong under three years of Trump.
But, sadly, it could not survive the coronavirus.
And trumps*** incompetence, and higher concern for hiding the virus because it might affect his re-election.
How strong was an Economy where 50% of people don't have $500 Dollars to pay an unexpected bill and the majority live paycheck to paycheck ?, with almost all new wealth going to the top 10%.
An economy where 500,000 go bankrupt each year because of medical debt and 60, 000 people die for lack of medical insuranc and where common medications are 10x more expensive than other countries, and all this despite paying at least twice as much for healthcare as any other developed country.
Even before the pandemic the top 1% had gained 21 Trillion ( 21,000,0000,000,000 ) Dollars in wealth since 1989 & the bottom half of the U.S population had lost 900 Billion (900, 000, 000,000 ) Dollars.
A healthy economy & Society depends on people having enough money to live a decent life and spending that money in the real economy, not the obsession with stock prices.
I predict a riot..I predict a riot....
Gov't jobs guarantee doesn't sound radical now does it? infrastructure.
Buck Browning You appear to need some help. I hope you get it.
Snaggle Toothed That is a possibility.
@Buck Browning don't worry we already know who will win the Darwin awards this year. Unfortunately most of them are passed out posthumously. I was really pulling for that flat earther who built his own rocket but you'll do just fine.
Buck Browning The good thing is , you dont know how stupid you are. So you are not be stupid for today, no, you are be stupid for the rest of your sad life😂.
So the arrogant captain did not see the iceberg ahead and now it’s too late! I think we all know the rest of the story. 😱
Let's ALL AGREE not to "experiment" with our constitution and democracy and NEVER elect another trump....
Now show the stock buy-back stats when companies start using the trillion dollar stimulus packet just like they did the Trump tax cut.
According to Sara Nelson, President of the Association of Flight Attendants, Treasury Secretary, Steve Mnuchen, is putting together a plan to make bankruptcy of the Airline Industry more likely in order for him & his wealthy Wall Street chums to make loads of money.
In the process, Airline workers will loose their jobs.
"By putting onerous conditions on these payroll grants, the government is going to make them opt for bankruptcy," said Nelson
krplus.net/bidio/j8argHp_lW2RZpg
On Trump's watch. (Of course, he's set to blame Obama, Hillary, Biden, Cuomo, Bernie, Comey, China, the weather...)
You forgot Clinton, Carter, Kennedy, Lincoln and God.
Governors shutdown businesses and its Trumps fault .. progressive logic 101
@@tstocker6926 Please take a deep breath if you come across someone who coughs.
@Rob Gow Right on. Rob!
@@tstocker6926 ahh so that's his plan all along. Lol
I guess we're gonna have no choice but to; eat the rich.
I'm thirsty for a tall, icy, Koch...
You won't be eating the rich. You will be chewing on the end of an AR15.
Thank god they are obese.
@@immobilien so you think, it's not enough bullets to stop it
@LENTRUTHBTOLD........THE SECOND AMENDMENT FRUITFLY......
Should have stuck with the Golf 🏌️♀️.
We're seeing in painful detail how horribly things will operate when you don't have qualified people in key positions. How are all of those "acting" positions working now?
I'm pretty sure unemployment hit double digits a very very long time ago. Probably when the tenth person applied for it.
ha ha
I'll be shocked if the monies promised to Americans go any further than the inside of trump's fat pockets.
Diane Owen SHOCKED you will be ma’m.
He’s buying his campaign.
ppl will still vite for him 🤦🏻♂️
Anthony Egidio well i hope so.
Bernie 2020
We're doing a great job? Is that the same great in MAGA?
In the midst of a pandemic, a very severe hurricane season is coming and effects of global warming will continue to hammer the earth.
Larry Sernyk actually the planet is healing itself since people are staying home
@@elsalvadorbienesyraices515 still gonna have hurricanes. this isn't a fairy tale.
Brock Samson so the whole world is going to be tested by hurricanes? stop it.
@@elsalvadorbienesyraices515 learn to read. i didn't say that. you stop it.
Brock Samson you said hurricanes will hammer earth lmao goofy
I CANT SIGN UP FOR UN EMPLOYMENT...NO COMPUTER ....OFFICES SHUT DOWN WHAT CAN I DO PLEASE SOMEONE HELP ME
Use your phone internet
THANK YOU SO MUCH..
The US economy was and is a house of cards waiting to collapse. In 2019 consumer debt was at an all time high, non housing debt 59% above the levels of the 2008 crash. The stock market is propped up by 401K funds that have to buy stocks or bonds no matter what the cost and consumers only concerned about the monthly payment.
The pandemic just bumped the table and you are about to see it all fall apart.
10% unemployment is going to look good in July and August, think 20%
The "employment " administration!😂😂😂😂😂😂😭😭😭😭😭
My local tobacco4less shop is closed so I had to go to Quicktrip to buy some smokes and the price was way way way higher than I have paid in years this shut down sucks balls. This really gives you renewed appreciation for the people who do the basic jobs and just how important they are to having a better life, I knew this before but when you take it away completely man thats when you really feel it, I hope that place opens back up soon it was so convenient and the prices saved me a lot of money.
A strange orange loudmouth invaded the USA, he snuck in out in the open by using reality TV and a professional wrestling persona.
Did you know NY is the epicenter of the virus? Democrats run NY.
@@benlevine8162 shut the fuc up your vote for trump did this,we blame you.
@@benlevine8162 Do you know that you are deflecting?
@@benlevine8162 ultimately Trump is responsible, he said so himself when Obama was president. It's the presidents fault. It has nothing to do with Dems or Republicans, the virus attacks all. It will be made worse by incompetant administration who disbanded the pandemic dept during their watch.
@@gotellbossc4t-vb9hz America disagrees with you. NY is the center of this disaster. The mayor of NYC and the health commissioner both told everyone to go about their business. Cuomo also did nothing until the President had to order him. So democrats are really responsible for the spread. Thankfully President Trump will win another 4 years.
The great depression 2.0
It's a tremendous depression, nobody did even know a depression could happen, until they saw it on TV.
It will be like comparing the effect of WW2 with WW1
@@Shuizid my grandparents lived through the actual depression before TV was a thing I grew up hearing all about it and learned a lot too in life but yeah it's pretty sad the public obeys the media like a god
@@MrBlank-zl9hg whats even more sad is that nobody is ready to be a voice for the poor to guide them in these times. who else do yo wan the public to listen too if not the media
@@davenadeau8671 that's a really good question I've been thinking about it for three weeks I don't honestly have an answer because there's so many factors that go into the life and individuality honest to God I've learned in life you can lead a horse to water but you can't make it drink and that goes the same with people you can show them the way, you can open their eyes to anything but until they see it for themselves and believe it truly you can't help them
Tons of small to medium companies that couldn't afford to keep employees but attempted to do the right thing by not firing/furloughing them hoping they were going to get relief are going to get screwed over by delays and confusion about payroll assistance. Unemployment from SME bankruptcies is going to take much longer to recover from.
I wanna know Where they actually get these numbers when we all know the numbers are way higher than that?
I wondered the same thing. Especially when the Grifters have gone into business selling medical supplies to the states and hospitals. Dead and out-of-work. This administration is setting up a return to the 1920's, or the 1800's.
Joshua Taylor Hamilton the DOL sent out emails telling unemployment offices not to post the numbers as they get them but only weekly after they(DOL)makes them public🤦♂️& of course alot of people still haven’t been able to file bcuz of website crashes & more jobs still haven’t laid off workers yet
What I am finding hard to understand...why is it going to take weeks to add 1200 to peoples payments for social security??? Really??? Something is wrong with that!!!
The gov is anticipated to bail the country out, to keep it afloat, to the tune of trillions. I support.. But when Bernie, before this crisis, suggested the country should extend financial/health/welfare support to all needy Americans, there were critics on the Right who thought this was wrong, excessive, socialist and unAmerican. Do they still think so? Are they in line to also be supported. Are we smarter now? Did anyone learn anything from this crisis?
Donnie's megaphone barking about the economy and unemployment rate just got silenced. And he had added 2
1 trillion already in the "best" economy...
Oh, $1200 one-time will fix it.
Republican Governors getting what they want and Democrat Governors struggling to get what they need! What happened to One Nation, One People and One Destiny?
The GOP happened to it - trying to create a fundamentalist religios dictatorship, now including the massmurder of people with different oppinion.
This financial calamity was AVOIDABLE!!! If we had mass testing of people and contact tracing! We wouldn’t need to shut down!
Crazy there not pay nobody or even let anybody get on the website so you're just pretty much screwed
She have guts!!!! She dropped the D word
Plain and simple.... Trump's rule has had exponentially grave consequences for the U.S. and the world at large. He will give himself a 10 out of 10 even if millions of US lives and tens of millions of jobs are lost.
"Patriotism means to stand by the country. It does not mean to stand by the president ." -Theodore Roosevelt.
What about the MILLIONS of us who are in transition between jobs LOOKING for new work? Why don't we qualify for unemployment? Through no fault of our own, job closures and quarantines have reduced job opportunities by half.
So American companies /businesses are not supporting employers?
We need some unemployment in the white house
Coronavirus is Mother Nature's way of expressing her disapproval of the Electoral College during the last election.
Should’ve just sent everyone to work. People sat inside to quarantine, just to be put outside with the virus. Was it worth it?
Thanks for uploading. Video is the 06:20-06:26 EDT portion; from the 1st hr of today's 3 hour broadcast [Fri 03 April 2020].
Those numbers are still optimistic.
What's the difference between unemployment claims versus jobs report? Like 6.6mill versus 700k? :0
might be a great opportunity for presidential candidates to include universal benefits in their proposals
Goldman is pretty optimistic. I'm guessing 22% at the peak.
My son's friends who were planing a naval career are now rethinking that option. They're no longer reenlisting. Loyalty has crashed in the navy because of Modly. Loyalty
Is the reason they joined and the lack of loyalty is why they now plan to leave.
President, this is a National Emergency, The government should put the gas to the pedal and get what are country needs. Make companies step up to providing what we need to save our nation. What kind of Leadership are you giving. Stop playing with our lives. The money game has to stop. America needs to believe we can trust again, what is wrong with you. America wants to put our lives back to some kind normalcy with our jobs, family and safety of medical care. Concerned USMC Veteran.
Social economic experiences are just great 👍
Double digits? Like 10?
South Korea's pharmaceutical company has treatment medicine which has been treated before and no side effect. It showed a good treatment for coronavirus infected patients. Now they're going to use this medicine on human. If it works, SK will save lives for the world.
SO, THE IDES OF MARCH ?
Steve, those glasses are better. I'm glad you stoped your Alan Dershowitz imitation.
give people money now...or your going to have to call up the national guard to protect the grocery stores
Once this is all over and people go back to work, you just know trump will take credit for creating millions of jobs. Trump is a sad and pathetic. The media who have access to trump need to ask HARDER questions. He makes the media look like chumps. Trump needs to go! NOW!!
Trump calls this too much winning....
Trump worst nightmare. "We are going to be tired of winning"
Well democrats certainly are tired of winning the "We told you so"-game... unfortunately, winning that game doesn't change the fact Trump is currently killing 250k+ people.
4 Trillion for the financial markets, and none to the people. Why don't you tank Trump now !!!
Double digits? Don't they mean "decuple digits" (10 digits)?
The vast majority of us won't suffer any health effects from this virus, so why not isolate, shelter and quarantine the small minority who will, the elderly and those with preexisting conditions, and let the rest of us get back to work?
Add inflation, even hyperinflation to the unemployment and we're looking at a long, hard time ahead.
Hey, Republicans! How do you feel about Trump, now? So much for a great economy!!
Yes we must move faster AND need to "pick up every Stitch" which is everyone taking their time to make their right decision including ALL.
The Spanish flu came in two waves. I can't imagine a small business owner reopening with the remainder of their savings if they aren't sure another wave is on the way.
MSNBC loves this crisis
I wonder why Trump has not put one medical professional as the head of any program to start to level out this situation? Perhaps his base can do some thinking?
Independent states of America
Time to break up the Union.
Just amazed that this fake economic can last for so long ... until now..
You know you act so surprised that unemployment so high after we went through the figures last week that it's going to be high but you just seems to amaze me that it surprises you still quit sensationalize this
Unfortunately we are geographically handicapped.
Conservatives follow republican isms
Liberals closer to the democratic philosophy.
Canadians in need get 2 grand a month for the next four months to start, whole of government approach
allows for faster delivery. Americans worshipping corporations at expense of citizens, some will be waiting 5 months for their twelve hundred bucks.
Having universal health care allows for better management of supply & service distribution.
Less spent per capita (not land mass) . We get what we need not what we can afford,as the bill is taken care of. Ted Kennedy was impressed.
Hello Mika.👋🐰🐔.
Don't die the checks in the mail..
MONEY'S BIGGER THAN LIFE.
Excuse me, has anyone notice we're dying. The economy is going no where. Jobs will still be here,as will work.
Trump has hit a new high in employment over 10 M
VOTE BLUE NO MATTER WHO....
Gotta love Mika...."Depression".....baby....this is catastrophic
trump is gonna get kicked out the white house november 4th
The Messiah Donnie and his Apostles got everything under control. America will be fine. The economy is stronger than ever. Folks will be back out soon living their lives better than before. Believe in him and you will be heal. 🖐👋
and yet stock market is up, just -20% of all time high :D, I bet FED will own it all and trade to him self soon
And what do we do with China, go back to the well and have this happen 5 years from now? Has to be repercussions
@Lars Jones so wrong, we can no longer do business with China. You have proven yourselves untrustworthy, all supply chains must be changed. China is directly responsible for the destruction of peoples lives and is taking no responsibility for it. Your arrogance is appalling. There will be repercussions, that I promise you.
Pay attention! Everything you as a American Citizen, has put your trust in God has allowed it to be taken away. That should tell you your trust was in the wrong place, in the first place. Welcome to reality. It's sobering
Seeing as how most people's health insurance is tied to the employment. Unemployment not the only thing going up. So is the number of people without Healthcare. But don't worry. Status quo Joe is going to keep everything just the way things are. Every other industrialized Nation provide health care for it's citizens and there gov spends much less then America spends on Healthcare, and at a higher quality. How can we afford it? How can we not?
No hyperinflation or depression, here's why,
Not even with this record stimulus of 2.2 trillion we wont. Right now we have about 3-5 inflation rate, with this record stimulus that should increase it to 6-8 inflation rate. To go into a depression you have to first have hyperinflation then depression begins. So we would need an inflation rate of over 50 for hyperinflation to begin let alone a depression. (This for the US only, hyperinflation is the only way we ca go into a depression, again because we hold the reverse currency obviously besides WW3)
Next, the US holds the reserve currency of the world which means that gives the fed the power to create and unlimited amount of money. Yes our national debt is extremely high, you ask yourself how can we still continue and not collapse, again because we hold the reserve currency. Every other country in the world would need to collapse before the US could. Don't get me wrong, I was a believer, I did the research, gold and silver fanatic, listened to Peter Schiff etc. But when you come back down to reality you see that the reserve currency gives the holder that power, it's as simple as that. It would take trillions upon trillions more to even increase inflation rate for the reserve currency to have a significant inflation rate, simple as 123. Don't get wrong either, it does do wealth distribution, OMG millionaires and billionaires get even wealthier in times like these on so many levels and reasons.
I was just reading this article explaining how the 2008 bailout continued behind the scenes and turned into a multi trillion dollar bailout. Man, if a billion dollar bailout behind the scenes turned out to be a multi trillion dollar bailout then I dont ever want to know what this trillion dollar bailout will turn out to be behind the scenes.
Nonetheless, Zach Carter of Huffington Post wrote that it "is not an economic rescue package, but a sentence of unprecedented economic inequality and corporate control over our politics that will resonate for a generation". He views the restraints as "purely cosmetic" and "toothless". More significantly, he notes that "$425 billion ... can be leveraged 10 times over by the Federal Reserve, resulting in a multi-trillion-dollar program". That gooses it up to the sort of fun numbers that were taking place behind the curtain after 2008. Meanwhile, the New York Times did a story, In Fine Print of Stimulus Package, Special Deals for Certain Industries. It demonstrated that the unprecedented rescue package was still, at least in part, business as usual.
In spite of the negatives and the risks, the package represents a real political and philosophical change. We are at last moving on from Reagan's "The most terrifying words in the English language are: 'I'm from the government and I'm here to help'," to "We need the government to help. Nobody else can help. Here we are." That new and improved attitude is not limited to America. It is showing up in the UK and in Germany, as well.
When EUROPEAN countries +China +Russia + Africa figure out how to change the world currency instead of the DOLLAR that's mean American get closer to MAKE AMERICA GREAT AGAIN
#MAGA. 🙄
*To all, be safe and save this country.*
It will be double digit unemployment by election day, at least one good thing will come out of it, trump be out of the office.
as usual the Tea Party tanks everthing
As much difficult the war, the stronger the stand up!! The Capitan may not be seeing this as war thus is not priory to lose AMERICAN LIVES; however, COMMAND is fighting with that level of might.
At this point, the captain may be urgently be asking for reenforcement feeling he is losing his stand on the protection of his soldiers' lives; not territorial not a tangible enemy,, and not enough information. Difficult decisions are made at all type of war scenarios. To my fellow AMERICANS in that boat, stay put. Your lives count. Though you mean to save ours, citizens, COVID-19, is not contained nor I D yet.
Best regards. We, AMERICANS are doing the same at our own homes; ABSTAINED FROM SOCIETY.
And how come you're not talking about Joe Biden and Bernie Sanders those are our next presidents quit giving Trump all this attention stop it now
What a mess we knew he would fail from human toll and economically. He loser I thought he was.
We're entering the Trump Depression!
Sounds confusing
Trump Economy
Trump lost 2020 bigtime!!
But is Biden better? He has shown no leadership at all
@@ahorsewithnoname643 he showed 8 years of leadership in the past administration
@@roseann918
Obama was the leader because the responsibility was his, Biden tagged along. From what I have seen of Biden, when he re-emerged from hiding, he has not shown anything to inspire confidence that he could tackle the situation America is in. He appears weak and lost. That is in direct contrast to Bernie.
Vote for Trump if you hate hate the USA
With all the gloom and doom and failed leadership examples of late there is some hope for Christians only. True Christians be very encouraged. We're close to going home via rapture. The book of Revelation has begun.Pray for those who will be left in the tribulation.Jesus is their ONLY hope.John 3:16-18
Is this what people call "magical thinking"?
@@climatedeceptionnetwork4122 Don't worry about it. It wasn't addressed to you and has absolutely nothing to do with you as an unbeliever in Jesus Christ. Hence the reason I addressed Christians only.
You're either crazy or evil
True Hans Christian Anderson fans will be rescued by a handsome prince on a white horse! Pray for those left in the tribulation. Walt Disney is their only hope!
@@chrispotts6727 Religious ambulance chasers are some the most cynical and shameless creatures on planet Earth