Ah! COVID-19, the taker of jobs and the maker of tillionaires.
Long-standing “Wheel of Fortune” host Pat Sajak asked how talk show hosts and media leaders — working remotely — advise those in financial difficulty to stay home during the coronavirus pandemic, Sunday, “it’s okay to question the premise.”
He wrote on Twitter.“When a disc jockey or a talk show host or a journalist who is being paid to work from his or her home tells people who can’t work, pay bills or pay their rent or mortgage to ‘Stay home and be careful because we’re all in this together,’ it’s okay to question the premise,”
His tweet came after marches break out throughout the world urging policymakers to rebuild their markets, with millions of Americans out of jobs.
Frustrated with other stay-at – home orders, these protesters have marched into several state capitals including Ohio, North Carolina and Michigan. There were other marches in New Jersey, North Carolina, Rhode Island and Washington D.C.
Federal Reserve Chair Jerome Powell warned on CBS ‘”60 Minutes” on Sunday that the nation’s unemployment rate during the coronavirus pandemic could rise to 25 per cent. The virus has caused more than 36 million people to lose their jobs in the USA.
Powell said people are the ones from lower-income households who hurt most from the coronavirus, adding that they are likely to be in a position where they can afford the least to be out of work.
Even with the country’s protests sweeping, Powell believes that opening up the economy won’t have a big impact unless people are confident, which probably won’t happen until a vaccine develops.
It’s also necessary to provide adequate monitoring to avoid a second wave as states reopen. Opening up businesses too early could cause an even longer impact on the economy and result in more deaths from the virus.
The U.S. has more than 1,486,757 confirmed cases of coronavirus as of Sunday night, and at least 89,562 deaths from the virus, according to data from Johns Hopkins University.