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Original title: Even if more people die, the economy must restart! Trump’s task force to dissolve the epidemic
In an exclusive interview with ABC, US President Trump said that after states lifted restrictions aimed at curbing the spread of the new coronavirus, “some people may die” and admitted that this was the United States’ choice. to reopen and restart the economy. .
In an interview with the media late at night, Trump also said that ordering the blockade of the United States was “the most important decision he had to make.” Although there is still no vaccine, his attitude toward reopening the United States economy remains very strong.
☆ Dissolution of the Special Working Group
United States Vice President Mike Pence said Tuesday that the Trump administration is involved in an internal dialogue about the progressive dissolution of the White House Coronavirus Task Force.
Pence and team members told reporters in the office that President Trump began to consider May 25 Memorial Day in the United States as a time node for managing the new coronavirus pandemic. The pandemic so far has killed more than 70,000 people in the United States.
Trump assigned Pence to be responsible for the task force. Since its inception in March, the group has met almost daily.
Pence, confirming a report in the New York Times, said, “There is discussion when the time is right for the task force to complete its mission and translate the corresponding task into the long-term job of the federal agency.” “We have begun to discuss the transition plan with FEMA (Federal Emergency Management Agency),” he said. FEMA plays a leading role in the distribution of supplies in the United States.
Currently, the United States ranks first in the world in number of deaths due to new coronary pneumonia. According to Worldometers real-time statistics, as of 05:30 a.m. on May 6 Beijing time, the number of confirmed cases of new coronaviruses in the United States increased by 20837 to more than 1.23 million cases, which is 1233672, representing almost a third of the confirmed cases in the world; It increased 2102 cases to more than 72,000 cases, to 72023 cases, which represents more than a quarter of the global number of deaths.
The influential University of Washington Institute for Health Assessment and Data doubled the estimated number of deaths from new U.S. pneumococcal pneumonia on Monday, and said it currently estimates the number of deaths in early August could reach around 135,000 due to measures to maintain social distance. Chill out.
☆ The economic pressure is getting heavier
Democratic politicians and some Republicans criticized Trump for minimizing the risk of the epidemic, and now they encourage states to start restarting the economy.
And behind “Trump’s death is to restart the economy” is the increasingly severe economic pressure facing the United States government. According to foreign media reports, California has become the first state to borrow money from the federal government to continue paying increasing unemployment benefits during the coronavirus epidemic.
A United States Treasury spokesman said Monday that after being approved to spend up to $ 10 billion in federal funds by the end of July, California borrowed $ 348 million from the federal government.
The United States government also approved loans of up to $ 12.6 billion for Illinois in late July and loans of up to $ 1.1 billion for Connecticut to supplement unemployment insurance in these states, but these two States have not yet started a loan in late April. A Treasury Department spokesman said that in the current economic downturn, California is the only state so far to obtain loans under the plan.
More economic data will be released this week showing the impact of the global epidemic blockade, the main focus of which is undoubtedly the April non-farm report for the United States to be released on Friday. According to previously released data, more than 30 million Americans have applied for unemployment benefits in the past six weeks. Nonfarm employment data released Friday may reveal more information.
Currently, the market expects non-farm data performance to be unprecedentedly bad. The number of employees can be reduced by 22 million, and the unemployment rate can be raised to 16%. On the surface, the growing number of unemployed people means that the unemployment rate in the United States will rise to more than 15% in April, breaking the 10.8% set in November 1982, the highest record since World War II. If nonfarm employment is reduced by more than 20 million in April, it will also drop a record 800,000 during the Great Recession.
Several key Fed policymakers, including Clarida, said Tuesday that the U.S. economy will experience its worst recession in decades, and that the recovery may begin in the second half of the year, but growth may be slow and uneven.
“We are experiencing the worst economic contraction and rising unemployment in our lives,” said Fed Vice President Clarida. “Unfortunately, the unemployment rate will rise to levels that we may not have seen since the 1940s.” Clarida once again assured in an interview that the Fed will continue to use all of its tools to help the economy.
Editor-in-chief: Guo Jian
