Diane Swonk: The U.S. Is Losing Jobs At An ‘Unprecedented’ Pace | MSNBC

Grant Thornton chief economist Diane Swonk discusses the need for a ‘stopgap’ program to fund the national coronavirus response amidst rising unemployment.» Subscribe to MSNBC:

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Diane Swonk: The U.S. Is Losing Jobs At An ‘Unprecedented’ Pace | MSNBC

97 comments

    1. @Troy Stocker The deficit was on the decline when Obama left office. And the initial bail out was signed by the Bush administration. Trump decimated the CDC budget and gave a massive tax break to the rich and corporations which has seen the national debt soar to 23 trillion dollars. You people are insane.

    2. And yet everything he’s done has resulted in record-breaking gains in all areas of the U.S. economy. You have to be truly stupid to claim incompetence when everything was going so well up until the virus happened (which is not Trump’s fault in any way). Your stupidity is truly amazing.

    3. @Yabba Dabba trump knew about the virus in January and look where we are now….his first presser 15 ppl infected they all go home and when warmer weather hits the virus will be gone..truly unfit so you were saying

  1. A pandemic department? Wait, didn’t we already have a pandemic response team? Oh, right, that was Obama’s. And, Trump eliminated it. Wait, why? Oh, right, that was Obama’s.

    1. @Man on an island : 43000 is quite a bit different to 2.5 million.The gravity of what’s happening still hasn’t sunk into your brain.

    2. @darknite 123222 Total Dissolved Solids can be  real problem. I bought a cheap TDS meter on Amazon and I was shocked how high my water was. The good news is my plumber said a water softener would be the answer. If you are bothered by high TDS, get a cheap TDS meter from Amazon and call your plumber. You’ll be glad you did AND your plumbing fixtures will last longer.  GOOD LUCK!!

  2. Trump wants to hide all the numbers. The unemployment rate, the death toll, the number of infected.

    1. Tyrade Shift ….. or this was all done for a reason…. let’s see… I wondered the same thing…. started in China, brought to US by their recent visit, all of them came into the US….by Washington state, California, west coast…Florida, east Coast, major airports and on and on… Italy, Europe all over the world, Iran, Iraq, Russia, Tokyo,…and returned back to China after damage was done, knowing people would die… this has 🚩🚩🚩all over it, and all those infectious people in THE WHITE HOUSE …HOUSEHOLD, OFFICIALS, SENATORS selling out🚩🚩🚩 now our place of worships closed since when????…. never in my Lifetime!!! DOW up 1279.91… as of now… something is going on…. TRUTH or LIE’S….DARE guess…!!??

    2. @S P He was never blamed for the disease. He’s being blamed for the lies he’s telling and dragging his feet when he had a chance to get on top of it. Why did he allow John Bolton to disband the pandemic task force handed down from Bush administration to Obama administration to the trump administration. He was worried about the cruise ship docking. Saying if they get on shore the numbers would go up. So his idea was don’t send out a medic ship and and get the infected off just let them all get infected. Great idea just to keep the numbers at BAY. No pun intended.

    3. More IDIOTIC DRIVEL from MSNBC!! The US is not LOSING jobs, this is a FORCED govt shutdown! BIG DIFFERENCE, you idiotic fools!!

  3. You really can not get a Covid 19 test at this point unless you are literally dying . That is really disturbing !

    1. you mean not voting, about 120 million eligible voters did NOT vote during the last election. If every body voted, the republicans/conservatives would go the way of the Dodo bird. Fascism is a disease

    2. @GiarkReleos So true. America has 350 million people. By their apathy, non-voters allow 63 million right wing lunatics to rule over the majority.

    3. Yeah whatever. People keep forgetting the majority of people didn’t vote for Trump. He won by the ASININE electoral BS

    4. @trolltider är här It is comments like this that convinces me that Trump supporters are more focused on upsetting Democrats than they are what is best for themselves. Instead of trolling people in order to get your jollies, maybe ask your leaders to… well, actually lead. Seriously, you can have republican leaders and still expect them to do their job… it doesn’t have to be one or the other like you are apparently getting used to with the Trump administration. Good grief, he spends a ton of his time sitting at a computer trolling people on twitter. That’s not leadership. That is someone just killing time because they don’t want to do their job. You are a troll… do you troll while you are at work? Or do you man up and earn your pay check? I suspect that even you do the latter. Shouldn’t you expect at LEAST that much from your president?

  4. Cancel all household debts. That’s why everyone is scared of losing their jobs. It will essentially force all of the financial institutions who were bailed out in 08′ to bail the american people out and punish them for inflating asset pricing and stocks.

    It would also be a boon to future economic growth as all of that money can now be focused on stimulating the real economy and not go into the savings of the very wealthy.

    Banks would then need to be nationalized so they stop giving out loans against assets and corporate takeover loans and stock buyback loans.

    The Federal Reserve gives commercial banks unlimited credit during economic downturns. Its time for the average American citizen to get some relief.

    1. @James Brinkley that’s wwwhat really sad about people. we have a small business and will never see that amount of cash the rich have.

    2. @OrionOlamPiksie But, the republicans say you can get a loan for a low interest rate. LOL. Just kidding,. Unfortunate but true. Both sides keep trying to get their own agenda into a bill that is supposed to be helping hospitals and everyday people. They do not need a 250 page or (god forbid)1000+ page bill. They just need to concentrate on what is needed RIGHT NOW and worry about all the Big Ticket things later. It is regular people, hospitals and small business owners who need the help ASAP. The other stuff they can debate over for as long as they like. But that won’t happen anytime soon, if ever. Small business owner should be counted in as everyday people.

    3. Unfortunately this system of greed doesn’t seem to work in reverse. At a time during 2008 people realizing they were being phased out of their jobs were asking mortgage companies and banks for a grace period, moratorium on pays etc to help save their credit rating and all they got was “COME BACK WHEN YOU ARE 90 DAYS LATE” and we can offer you a assistance. DRINK THAT IN!!!

    1. Well, he hardly helped… It was always going to go pear shaped but his incompetent leadership has only made the response much slower…

  5. This administration has failed. It started with lies and it’s still lying like it’s going to change the truth.

    1. @BreakTheWheel Now – why, when an American comes here and exposes the Leftists, you come in and start labeling falsely? Why would you let me know I won the argument when that’s the last thing you want to see happen

    2. More IDIOTIC DRIVEL from MSNBC!! The US is not LOSING jobs, this is a FORCED govt shutdown! BIG DIFFERENCE, you idiotic fools!!

  6. I won’t sleep well until Conway steps up and tells us it’s contained again. I hope too, she tells Trump’s base that drinking arsenic kills the virus.

    1. @Aramis3737 clearly forgotten about the Sean Spicer replacement whatever her name is he’s never given a press conference

    2. Jon Hall Oh, great comment,maybe she’ll use an electric broom instead.🧟‍♀️🧟‍♀️🧟‍♀️🧟‍♀️🧟‍♀️🧟‍♀️Skelly Ann.☠️☠️☠️☠️☠️

  7. Trump DISMANTLED THE PANDEMIC OFFICE that would have been ready to take the lead on this. This is a NATIONAL DISASTER because he refused to tell the Truth and Protect Americans when he had the time to do so. Now, he will claim to “be the hero” that saves everyone….at the expense of our Citizens Lives and our Economy. #TrumpLiesPeopleDie

  8. I wonder if Americans realize that their response of paying people is a “socialist” act. Socialism is NOT a bad thing; you are merely taking care of people who can’t help themselves right now. 🇨🇦

    1. @John Buick I’m Canadian, and ‘having health insurance’ isn’t quite true. I’m a citizen, I have a healthcard. I flash it when I receive a medical service. We all have access to healthcare here.

    2. @Brandon Burns First of all the determine if you are able to pay the bill. If not they do the minimum to sustain life and then they kick you out.

    3. @imiss toronto Next time you’re in emergency see if they charge cash if you have no health insurance. Here in BC the have been charging since the 80’s at least.

    4. Yes, it is a bad thing. I guess the word “history” has no meaning to a mental midget like yourself.

    1. This crisis reveals he’s just an orange skin filled with crap.
      No character, honor, intelligence,compassion, nothing, just crap.

    2. Well, character revealed by TRUMP thru this whole mess…. now questioning ventilators needed by 3 million people, a possibility, a pandemic and STILL $$$$$ over HUMANITY, shame on you ALL, give us ventilators period!!!!!! Just heard on news…. someone might stop the HOUSE VOTE today in giving us OUR money to LIVE, TRUMP NOT FIXING ANYTHING, HELP to THE AMERICAN PEOPLE 🇺🇸🇺🇸🇺🇸

  9. Crashing the economy is how the rich transfer our wealth to them. The rich get richer while the poor get poorer.
    If you are lucky enough to be middle class, you’re still included in the poor crowd. The rich love to keep us bickering amongst ourselves like children arguing over the last cookie while they hoard all the cookie dough.

    1. @Wigit my first job I worked with a man things to tell me about these pub bands that are used to go and see that had no Fame whatsoever Midnight Oil INXS he saw them at pub gigs with less than 100 people how awesome would have that been

    2. The longer this goes on, regrettably, the more likely we are to rediscover our compassion & humanity. We have to cast this capitalist system off, it represses society & makes us go against our morals & collective interests.

    1. You say that like they won’t use the lower classes as meat shields (or meat toboggans, depending on whether they try to stay in their castles or flee them)

    2. When this is over the rich will have malnourished and near cannibal peasants willing to forfeit liberties for pennies an hour. Don’t be ignorant, the upper class fear nothing but pinkos

  10. we need money now to eat and pay bills!!! WTF is wrong with our gov!?!?!? Oh yeah, they don’t work for the people, the work for themselves and their donors.

    1. And they decided taxpayer dollars were better spent bailing the rich out than helping taxpayers.

    1. What the 1% which equals about 770 million people…hmmm sounds like David Icke dumbarse conspiracy nonsense!

    2. @J Haggus The US 1%, which is what is being discussed in this thread, is a little over 3 million, give or take a few hundred thousand. But that includes wives and kids. The actual “bread winning” 1% of the US is less than 1 million people out of a population of roughly 330 million.

    3. U tube could use those emojis that fb uses to give to comments cos these comments deserve it as feedback.
      It saves the laboriousness of commenting on a comment as feedback.

    4. LOL
      But they got the Gold Which can’t Buy Nothing
      (Like Paper Money is No Longer Worth Nothing)
      Thinking that He Who Owns the Gold – Rules

      But here’s the Problem, the “Mark of the Beast”
      Will be Used, if You Are wearing A RED CAP

      Rationed Monsanto’s Experiments – For Animals in Cages
      To be delivered by Drones 😲

    5. More IDIOTIC DRIVEL from MSNBC!! The US is not LOSING jobs, this is a FORCED govt shutdown! BIG DIFFERENCE, you idiotic fools!!

  11. Noticed a lot of the ‘its just the flu” trolls have been replaced by the “it will only be for a few weeks” people on these forums

  12. Sounds to me , like a whole lot of socialism going on, so where are those nay sayers? Bernie was right ….. LoL

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