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Webinar — Sen. Marco Rubio on Fighting an economic calamity & lessons for the future | LIVE STREAM
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The US economy is experiencing a catastrophe unlike any in recent memory. To slow the spread of the novel coronavirus, US states have shut down their economies. The unemployment rate rose from 3.5 percent in February to 14.7 percent in April. The effects could be long-lasting; the Congressional Budget Office expects the unemployment rate to be 11.7 percent at the end of this year.
In response, Congress has appropriated trillions of dollars in economic recovery packages, perhaps with more still to come. Sen. Marco Rubio (R-FL) was a driving force behind the Paycheck Protection Program, designed to keep small businesses afloat and workers attached to their employers during the shutdown. He has emphasized economic resilience over efficiency and argued for “a sweeping pro-American industrial policy.” Join AEI as Sen. Rubio and AEI’s Michael Strain discuss recovery programs during this pandemic recession.
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The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials.
AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees.
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In response, Congress has appropriated trillions of dollars in economic recovery packages, perhaps with more still to come. Sen. Marco Rubio (R-FL) was a driving force behind the Paycheck Protection Program, designed to keep small businesses afloat and workers attached to their employers during the shutdown. He has emphasized economic resilience over efficiency and argued for “a sweeping pro-American industrial policy.” Join AEI as Sen. Rubio and AEI’s Michael Strain discuss recovery programs during this pandemic recession.
Photo credit: Shutterstock
Subscribe to AEI's YouTube Channel
Like us on Facebook
Follow us on Twitter
For more information
Third-party photos, graphics, and/or video clips in this video may have been cropped or reframed. Third-party photos, graphics, video clips, and/or music may have been edited in a way that does not alter the meaning of the third-party work(s). Music in this video may have been recut from its original arrangement and timing.
In the event this video uses Creative Commons assets: If not noted in the description, titles for Creative Commons assets used in this video can be found at the link provided after each asset.
The use of third-party photos, graphics, video clips, and/or music in this video does not constitute an endorsement from the artists and producers licensing those materials.
AEI operates independently of any political party and does not take institutional positions on any issues. AEI scholars, fellows, and their guests frequently take positions on policy and other issues. When they do, they speak for themselves and not for AEI or its trustees or other scholars or employees.
#aei #news #politics #government #education #livestream #AEIEconTalks #coronavirus #budgets #unemployment