MTA New York City Transit personnel  sanitize a train in the Coney Island Yard as a precautionary measure in response to the novel coronavirus.

MTA New York City Transit personnel sanitize a train in the Coney Island Yard as a precautionary measure in response to the novel coronavirus.

As the U.S. government struggles to grapple with novel coronavirus, another crisis is emerging – the impact it could have on the economy.

From the volatile stock market to the plunging price of oil to the impacts on travel and small businesses, there’s been mounting pressure on the White House to offer a stimulus plan.

President Trump has proposed a payroll tax cut, which members of the Republican party and even some his own staff oppose. Democrats are working on their own ideas like ensuring paid sick leave.

To learn more about the economic state of things and what kind of financial package might work, Diane spoke with Vijay Vaitheeswaran. He is U.S. business editor for The Economist.

Guests

  • Vijay Vaitheeswaran U.S. business editor, The Economist

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