The Ben Shapiro Show - 15 Days That Shook The World | Ep. 973

00:00:00.000 The Trump administration lays out a highly restrictive set of guidelines for daily life.

00:00:04.000 The stock market collapses and San Francisco shuts everything down.

00:00:07.000 I'm Ben Shapiro.

00:00:07.000 This is The Ben Shapiro Show.

00:00:09.000 The Ben Shapiro Show is sponsored by ExpressVPN.

00:00:18.000 You have a right to privacy protected at ExpressVPN.com slash Ben.

00:00:23.000 Okay, so, here is the dealio, the dealio, gang.

00:00:27.000 Right now, we are trying to figure out exactly what the plan is.

00:00:29.000 I mean, seriously, like the entire US government is trying to figure out what the plan is.

00:00:31.000 The entire world is trying to figure out what the plan is.

00:00:34.000 This is because We can quarantine all we want, but once the quarantine ends, once people are out and about, then is this thing just going to crop up again?

00:00:43.000 And we don't know the answer to that question.

00:00:45.000 So right now everything is shut down.

00:00:46.000 The shutdown is basically because we are trying to, as we've explained on the show before, flatten the curve.

00:00:51.000 The goal being That yeah, everybody eventually is going to get coronavirus, it'll become part of our sort of seasonal flu, daily life is sort of the theory, but if we can flatten that curve so that it doesn't all hit at once, so the wrecking ball doesn't hit our healthcare system all at once, then you won't have a massive excess of cases above that dotted line that I've shown you before, the dotted line being the number of ICU beds and respirators and ventilators available for people who actually need them.

00:01:15.000 So the idea is we can slow transmission to a certain extent, Then eventually, there will be enough beds available because people won't all be getting this at once.

00:01:22.000 But here is the problem.

00:01:23.000 Let's say that we lock everything down for just a couple of weeks.

00:01:26.000 Let's say we lock everything down for a couple of months.

00:01:28.000 And then all the young people go out, and they hang out together, and then they infect one another, and then all the old people get it. 1.00

00:01:34.000 Well, you may have delayed it a little bit, but unless you have radically increased the number of ICU beds and ventilators, then you've not actually bought anything.

00:01:40.000 You've not actually achieved anything.

00:01:42.000 Because the line is still where it was before.

00:01:44.000 All you've done is basically delay a little bit the onset of the tsunami that is going to hit.

00:01:50.000 So the question right now is, what is going to stop this thing?

00:01:53.000 Now, the evidence is sort of interesting and mixed on what is going to stop this thing.

00:01:58.000 So in China, if we believe the Chinese statistics, the Chinese have actually stopped this thing dead. 0.73

00:02:01.000 They locked everybody down for about three months.

00:02:04.000 And now there are very few new cases.

00:02:06.000 According to the Chinese government, we have seen industries start to reopen.

00:02:09.000 We're seeing people in the streets again.

00:02:10.000 In Hong Kong, same thing.

00:02:11.000 Lots of people out in the streets again.

00:02:13.000 Unclear whether business has reopened at this point in South Korea or not.

00:02:17.000 So the question is going to be, now that people are back out and about, whether they are starting to reinfect each other and whether you see the caseloads rising again.

00:02:24.000 If not, then there is a hope that this thing is just shut down Temporarily.

00:02:28.000 And if it's shut down temporarily, then we can weather this thing.

00:02:30.000 If, however, there is no shutdown that is temporary.

00:02:34.000 If, however, it turns out that the minute we get out of our hidey holes and we start associating with one another, we're going to reinfect each other again.

00:02:42.000 And then it's going to hit all the old people anyway. 1.00

00:02:44.000 And we have not significantly increased the number of beds.

00:02:46.000 We haven't bought ourselves any time at all.

00:02:47.000 And if the vaccine takes 12 to 18 months, and the idea is that we're supposed to shut down the entire world economy for 12 to 18 months, that is simply unsustainable, which is why it's fascinating to see the differences between how the United States and the UK and Denmark are treating this thing.

00:03:00.000 So I mentioned this yesterday.

00:03:01.000 The United States is right now basically pursuing a policy of everybody stay home, which is based on best available information.

00:03:08.000 Everybody staying home is going to slow the transmission of the disease.

00:03:11.000 The UK was pursuing a policy originally of herd immunity, Let everybody who's under the age of 60 walk around freely, go about their business, get the coronavirus, develop an immunity to coronavirus, and then, once it's passed through the population, there's not as much chance that all of those people are going to pass it on to the old people. 0.99

00:03:28.000 The problem is, it turns out that a lot of the people were still visiting with old people. 0.99

00:03:31.000 Grandma and grandpa were still getting it, and this is why the UK is now imposing American-style restrictions.

00:03:36.000 Meanwhile, in Denmark, they're trying the UK-style experiment.

00:03:39.000 They're basically saying, everybody under the age of 70, go about your daily business, go enjoy your life, It will develop herd immunity.

00:03:45.000 If you're over the age of 70, stay in your house. 0.98

00:03:47.000 We're going to slip a rent check and some food under your door and just deal with it for like three to four months. 0.88

00:03:51.000 It'll be interesting to see which one of these bears the most dividends.

00:03:54.000 In the long term, it may actually be the Danish example.

00:03:56.000 It may be Denmark.

00:03:57.000 The reason being, again, if the goal here is not just to lower the curve, but to eradicate the passage of the disease generally, you do need herd immunity at a certain point.

00:04:08.000 The benefits of a slow development of the disease over time toward herd immunity is that you Don't fill all the ICU beds at once.

00:04:15.000 The downside is it means that you have to shut down the economy for extraordinarily broad periods of time.

00:04:19.000 In Denmark, the hope is that if you can segment off people who are older, that you can get the best of both worlds. 0.97

00:04:24.000 That all those old people will not get the disease and all the young people... 1.00

00:04:28.000 We'll get it, but most of them will be okay.

00:04:30.000 By most we mean nearly all of those people will basically be okay.

00:04:32.000 These are the sort of trade-offs that public policy has to take into consideration because the economy shutting down is a major public policy consideration.

00:04:39.000 Millions of jobs are going to be lost across the world this month and next.

00:04:42.000 In the United States, hundreds of thousands of jobs are going to be lost this month and next.

00:04:45.000 The reason being, you can't shut down the entire United States economy indefinitely without any sort of expectation as to when the economy is going to open without Inflating the currency.

00:04:55.000 I mean, at a certain point, who's going to buy bonds?

00:04:58.000 At a certain point, where is the money all going to be?

00:05:00.000 And once you start inflating the currency so people can continue to pay for their food, well, what happens to everybody who has savings?

00:05:05.000 All the people who are really wealthy don't actually have a lot of money anymore.

00:05:07.000 Basically, all the wealth of a society dissipates when the economy stops dead this way.

00:05:12.000 These are serious considerations that we're going to have to consider, and we're going to have to hear some more specific plans from our leadership as to how they expect that this thing is going to die out, or how we expect to increase the medical capacity of the system itself so that when we reopen the doors, when business reopens, we don't have exactly the same situation we had two weeks ago where business is open, but lots of old people are in danger of dying.

00:05:33.000 We're going to get to more of this.

00:05:34.000 We're going to break it down in just one second because data first here before opinion, data first.

00:05:38.000 We'll get to all of that in just one second.

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00:07:04.000 As I say, the big questions right now involve exactly when we reopen the economy, if the economy is reopened, how exactly all of this shakes out.

00:07:16.000 So here's the information that we currently have.

00:07:18.000 Right now, according to the New York Times, Benedict Cary writing, scientists tracking the spread of coronavirus reported on Monday that for every confirmed case there are most likely another five to ten people in the community with undetected infections.

00:07:28.000 These often milder cases are, on average, about half as infectious as confirmed ones, but are responsible for nearly 80% of new cases, according to the report, which was based on data from China.

00:07:37.000 The researchers modeled the virus's natural spread in China before the government instituted a travel ban and an aggressive testing policy.

00:07:44.000 During that time, from December of last year through late January, about six in seven cases went undetected.

00:07:49.000 That situation is analogous to the current state of affairs in the United States and other Western countries, where tests are not widely available, the researchers said.

00:07:56.000 Jeffrey Shaman, epidemiologist at Columbia, he says if we have 3,500 confirmed cases in the United States, you might be looking at 35,000 in reality.

00:08:04.000 The report is among the first to address two of the most pressing questions about the pandemic.

00:08:08.000 How many people are walking around with unrecognized infections?

00:08:11.000 And just how infectious are they?

00:08:13.000 As American policymakers have begun taking more aggressive measures to slow transmission, such as canceling events and closing restaurants, access to tests for the virus has been difficult or nonexistent in much of the country.

00:08:23.000 Those tests are going to be necessary in order for us to actually lock down people who may be walking around and carrying this thing without noticing it.

00:08:30.000 Dr. Elizabeth Halloran, professor of biostatistics at the University of Washington says it's crucial to implement wide-scale testing and it's important to develop inexpensive tests so people can get tested whenever they need to be.

00:08:40.000 This new analysis is drawing undocumented infections in China and mobility data, as well as a model of social interaction across the population to estimate the numbers of undocumented cases as well as infection rates.

00:08:50.000 It found that after the Chinese government locked down the center of the outbreak on January 23rd and began widespread testing, the picture changed drastically.

00:08:57.000 In time, testing identified some 60% of positive cases, up from 14%.

00:09:02.000 The scientists said the number of undetected cases for every confirmed one could vary twofold from country to country.

00:09:07.000 The unidentified cases in China that proliferated before the lockdown, although less contagious, did not necessarily cause milder cases in the newly infected, according to researchers.

00:09:15.000 Okay, so this does...

00:09:17.000 require us to ask the question with regard to China.

00:09:20.000 So why exactly have we not seen a re-uptick of cases in China as the economy begins to open?

00:09:26.000 Because as the New York Times reported earlier this week, I mean reported like late last week, China is starting to get back to work.

00:09:32.000 More than six weeks after its leaders virtually shut down the world's second largest economy, factories are reopening, offices are starting to fill.

00:09:38.000 Okay, if that's the case, then why haven't we seen a wild uptick in the number of cases in China?

00:09:44.000 Unless they're not telling us something about how all of this works.

00:09:47.000 Because, for example, the Washington Post, this is one of the most viewed pieces in the history of the Washington Post, and for good reason.

00:09:53.000 It's a sophisticated and interesting take on exactly how infection models work.

00:09:58.000 So we're going to show you how the Washington Post did this, because it's really interesting.

00:10:02.000 So basically, they created a fake disease called simulitis.

00:10:06.000 Okay, trying to simulate COVID-19.

00:10:08.000 This one passes more easily than COVID-19, where a healthy person comes into contact with a sick person, the healthy person becomes sick in this particular model, and then there are recovered people.

00:10:19.000 So what you're about to see, if you can actually watch the show, is you're about to see dots of three colors, right?

00:10:23.000 You're going to see purple dots, those are people who have recovered from simulitis, which in this case is sort of a more viral version of coronavirus.

00:10:29.000 You're going to see the sort of greenish gray dots.

00:10:32.000 Those are healthy people.

00:10:33.000 And then you're going to see the orange dots and those are sick people.

00:10:36.000 And there are a bunch of different simulations that they have put out there.

00:10:40.000 So simulation number one, this simulation is a free for all.

00:10:43.000 Basically, everybody travels as they see fit.

00:10:45.000 There are no travel lockdowns.

00:10:47.000 Everybody is able to go and do exactly what it is that they want.

00:10:50.000 We can play that and I can explain what's happening.

00:10:52.000 So you can see there's this one sick person starts infecting people almost immediately.

00:10:56.000 Now all the people are infecting all the other people.

00:10:58.000 And what you see is very, very quickly the sickness spreads throughout the entire population.

00:11:02.000 You can see on the top of the graphic, this is why you should subscribe at Daily Wire so you can actually see what we're talking about.

00:11:07.000 You can see at the top of the graphic, this big bell curve and the bell curve quickly spikes all the way to the top of the chart before finally starting to drop off as people start...

00:11:15.000 Recovering.

00:11:16.000 Now, what these charts do not include is the number of people who die.

00:11:18.000 So, those people are no longer infectious, obviously.

00:11:21.000 But, it's a fairly good simulation of what exactly this stuff looks like if there are no restrictions in place at the time.

00:11:27.000 So, this was able to spread quickly over an entire population in a bigger country, right?

00:11:32.000 This is a very small country, right?

00:11:33.000 You're only talking about a couple hundred dots.

00:11:37.000 When you see that, what you're seeing is that the entire population is infected in a very short amount of time.

00:11:42.000 But then, everybody is recovered.

00:11:44.000 Right, so the question is, if you're looking for herd immunity, maybe you don't want to restrict everything, right?

00:11:47.000 The theory here would sort of be the Danish theory, which is, okay, fine, so everybody gets sick and then everybody recovers.

00:11:53.000 So you actually want this to happen as quickly as possible.

00:11:55.000 Okay, then you have your second model of how to contain this thing, and this would be the attempted quarantine.

00:12:01.000 Okay, so this is where you literally just wall off a portion of the population.

00:12:06.000 And what you see is that within the portion of the population that is walled off, the infections happen really, really fast.

00:12:12.000 So let's say you wall off a nursing home and somebody in the nursing home has the infection.

00:12:12.000 Right?

00:12:15.000 Everybody in the nursing home has the infection within about five seconds.

00:12:18.000 Everybody outside the nursing home does not have the infection.

00:12:21.000 Now, the problem is, as you will see in this particular model, is that as the door opens, right, as you start to get beyond the attempted quarantine, then some of the sick people are going to escape, and then they're going to start infecting the population, and then you get this sort of secondary spike where all of a sudden a lot of people are getting the infection, but you've seen that the curve has been flattened.

00:12:40.000 So the idea here would be sort of what the United States is trying.

00:12:43.000 Everybody stay home.

00:12:44.000 Now that you are staying home, the curve is rising, but rising later.

00:12:48.000 And so the idea is because the curve here is flatter, Then presumably, the number of beds that are built in the meantime are going to relieve pressure on the healthcare system.

00:12:58.000 Now that only works if you actually raise the number of beds that are available.

00:13:01.000 It only works if you actually pay for new ventilators.

00:13:03.000 It only works if you build new hospitals.

00:13:05.000 So all of that has to happen in this model in order for the effects not to be as bad as the first model where you just let everybody run around without any sort of restrictions.

00:13:13.000 Okay, then there's the third model.

00:13:15.000 The third model is moderate social distancing.

00:13:18.000 In moderate social distancing, this happens when about a quarter of the population moves around and everybody else stays home or socially distances, right?

00:13:25.000 So this is sort of what the United States has kind of right now, right?

00:13:28.000 This is what we've been pursuing, which is basically a small percentage of the population is moving around.

00:13:32.000 Some people are going to work.

00:13:33.000 Most people are now staying home in major cities.

00:13:35.000 And here's what that looks like over time.

00:13:37.000 So you see that people are, one sick person will move around.

00:13:42.000 Every person they hit gets sick, but they're hitting a lot fewer people because not that many people are moving around.

00:13:47.000 And so the entire disease vector just moves a lot more slowly, like a lot more slowly.

00:13:52.000 Yeah, people are getting the symptoms, but it's happening extraordinarily slowly over time.

00:13:56.000 There are a lot of healthy people, a couple of recovered people, and very few sick people over time.

00:14:02.000 The curve here is very flat.

00:14:04.000 So that's what the United States is going for, again, in order to keep that number below the dotted line of the number of ICU beds over time.

00:14:11.000 Now, the problem with this is it doesn't develop herd immunity.

00:14:13.000 So if at a certain point people get back to work, then you immediately kick into chart number one, and then the number of cases spikes again.

00:14:19.000 And this is the point I'm making.

00:14:20.000 We don't know what's going to end this disease vector, right?

00:14:23.000 There's a great hope that the summer ends the disease vector, that basically we get to summer, warmer weather, flu tends to die off in warmer weather, and then everybody gets back to work for a few months while we build some new ICU beds, By the time we hit fall, we don't have to shut down the economy again in the same way.

00:14:36.000 But that is assuming some things like that this is going to kill the virus, which There's some fairly good evidence for that.

00:14:42.000 In equatorial zones, it seems like the virus is being killed off faster.

00:14:45.000 In hot areas, hot and humid, it seems to be killing off the virus, so we can all pray that that is the case.

00:14:50.000 So that would be the idea behind a temporary, mostly lockdown, which is kind of what we in the United States are pursuing.

00:14:55.000 That's the policy that we're looking at right now.

00:14:58.000 Then there's extensive social distancing.

00:15:00.000 Extensive social distancing would be like San Francisco right now.

00:15:03.000 This is one out of every eight people moving, meaning barely anyone is moving At all, and you can play that simulation as well.

00:15:08.000 Again, all these simulations are courtesy of the Washington Post, which did an excellent job putting together what these graphics look like.

00:15:13.000 For those who, again, can't see, what you are seeing here is a few sick people who are moving around and everybody else locking in place.

00:15:21.000 And again, you're seeing the caseload grow extraordinarily slowly.

00:15:25.000 And again, that is what you would really look for, right?

00:15:28.000 So both the moderate case and the extensive social distancing, you see a bell curve that is much shallower and also backloaded.

00:15:35.000 That bell curve is backloaded because, again, whatever increase is taking place is taking place a lot later over time.

00:15:42.000 It's cumulative over time.

00:15:43.000 So that is what the United States is looking for, is to lay this thing until summer and then hope, pray, that the hot weather kills the flu, or kills the Wuhan flu.

00:15:51.000 And by the way, it's not racist to call it Wuhan flu.

00:15:53.000 We'll get to that in a second.

00:15:54.000 It originated in Wuhan.

00:15:55.000 The Spanish flu is the Spanish flu.

00:15:56.000 This is the Wuhan flu.

00:15:58.000 Okay, so this is the model that the United States is pursuing.

00:16:01.000 Okay, so bottom line, if you look at what these look like, okay, in terms of the bell curve, if you have the free-for-all, which is sort of what Denmark is positing, you have that steep bell curve, steep up, steep down, and then you're done.

00:16:13.000 The attempted quarantine, you have a much shallower curve, and then you have a secondary curve that is much broader.

00:16:18.000 The goal there would be to shut this thing down at least for the moment so you can get that ICU level just above this sort of orange double bell curve, just above the camel humps right there.

00:16:28.000 And then you have moderate distancing, which is what the United States is trying in the short term, and depends how long we can keep that thing lasting.

00:16:34.000 And the hope is that when you hit the end of that chart, by that point we have a vaccine, by that point we have the summer, and this thing gets killed off, and then extensive distancing is just a better variation of moderate distancing.

00:16:43.000 So the United States is basically trying strategies 3 and 4, moderate distancing and extensive distancing.

00:16:48.000 Denmark is trying strategy 1, and the idea would be that you wall off all of the oldies, and you make sure that they don't actually get hurt. 1.00

00:16:55.000 All of this is reliant, again, on a couple of assumptions.

00:16:57.000 Assumption number one, summer comes, the flu dies.

00:17:00.000 Assumption number two, a vaccine is developed sometime in the near future.

00:17:03.000 If neither one of those things happens, nothing we are doing right now is going to matter.

00:17:07.000 Seriously, if we do not develop either more ICU beds, better medical capacity to handle people who are getting sick over the course of the next couple of months, or if the summer does not kill off the Wuhan flu, or if we get to the point where a vaccine is developed, if none of those three things happen, then no matter how much social distancing we go through right now, if this thing lives, everybody's gonna get infected, old people are going to die in increased numbers.

00:17:33.000 So we are relying on a few things that are unknown, We just don't have the information for it.

00:17:37.000 It's kind of best bet kind of stuff.

00:17:39.000 And again, as a social matter, it's going to be, as a social science matter, it'll be fascinating to see whether Denmark has the best approach keeping their economy running while maybe everybody else is overreacting or whether we have the right approach and Denmark would unfortunately see some pretty bad effects from what they're doing.

00:17:52.000 Also, what happens when we reopen our borders, right?

00:17:54.000 The world, we are not walled off from the world.

00:17:56.000 Are we just going to keep travel bans from every place on earth in place interminably?

00:18:01.000 Or is the idea that we are going to gradually relax those travel bans?

00:18:04.000 Again, policy is completely in flux right now.

00:18:06.000 We'll get to more of this in just one second.

00:18:08.000 We'll bring you the latest news and then the Trump response.

00:18:10.000 They've issued some new CDC guidelines.

00:18:11.000 We'll get to that in a second.

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00:19:16.000 Right now, okay, so all of this has some pretty significant financial implications.

00:19:19.000 We've gone through all the simulations.

00:19:21.000 We've shown you how exactly all these various policies would work.

00:19:24.000 No quarantine, partial quarantine, total quarantine, everybody staying home, right?

00:19:28.000 We've gone through all of that.

00:19:29.000 The financial ramifications of each of these makes a huge difference because the fact is that if we have no data on when the economy gets restarted, if the idea is we're just gonna stay in lockdown until there's a vaccine, which could take 12 to 18 months, the world economy is not, that's not a recession, that's a depression.

00:19:44.000 Because the fact is, there are businesses operating on the margins right now that are going to go under, which is awful in and of itself.

00:19:49.000 A lot of people are going to lose their livelihoods over the next couple of months.

00:19:52.000 And the government is stepping in and taking measures along these lines.

00:19:56.000 The Fed says that it's going to offer an additional $500 billion in overnight repo funding markets to prevent people, prevent creditors from going in and trying to repossess stuff, right, from calling in their loans.

00:20:08.000 They're basically saying, guys, hold off.

00:20:10.000 Everything's on hold.

00:20:11.000 The federal government is going to pump into you to make sure that you don't experience as losses necessary for you to call in all of those mortgages, call in all of those car loans, call in all of those student loans.

00:20:20.000 We're going to step in right now, and we're going to stopgap this thing for the moment.

00:20:24.000 And that's good policy so long as it's a stopgap.

00:20:26.000 It cannot be permanent because eventually, how are you going to fund this?

00:20:29.000 There are only a couple of ways you can fund this, right?

00:20:31.000 One is that you are betting that sometime in the future, taxpayer dollars will pay for this, and so you're selling off bonds.

00:20:35.000 And then, who do you sell the bonds to?

00:20:37.000 If the rest of the economy is shut down, who can afford to buy the bonds?

00:20:40.000 Every single country on planet Earth right now is in the same situation the United States is in.

00:20:44.000 So are we all going to sell our bonds to each other?

00:20:46.000 Who exactly is the bond buyer at that point?

00:20:49.000 Is the Chinese government going to buy American bonds?

00:20:51.000 I mean, the Chinese government is already bankrupting itself.

00:20:54.000 So do they have the money to buy American bonds?

00:20:56.000 Maybe they buy American bonds in the hopes that America's economy recovers faster.

00:20:59.000 But again, that is all dependent on the underlying condition being alleviated.

00:21:03.000 If coronavirus is not alleviated over the next 12 to 18 months, There will be no bond market.

00:21:08.000 Nobody is going to be buying into the future faith and credit of a country where the entire industry is shut down, and globally, nobody can afford to buy those bonds.

00:21:15.000 Okay, which leaves the federal government with only a couple of other options.

00:21:18.000 One of those is to actually pump, right, to actually inflate the currency, to basically helicopter cash everywhere.

00:21:23.000 Just give everybody oodles of money.

00:21:25.000 Okay, once that happens, sounds great, only one problem.

00:21:28.000 Once you start helicopter cashing everything, Eventually, prices are going to rise because, again, it doesn't lower the cost of production of the goods that are still in production to simply helicopter cash everything.

00:21:39.000 And what that means is that everybody who has savings is now worth less.

00:21:42.000 Because the stock market is not going to rise on that basis.

00:21:44.000 I mean, we know this because this is actually what FDR tried to do during the Great Depression.

00:21:48.000 During the Great Depression, there was an attempt by FDR to basically set wages, set prices, top down government control, lengthen the Great Depression by eight years.

00:21:58.000 If you do not alleviate the underlying condition here, the Great Depression is even less understandable because there was no great underlying condition that led to the Great Depression.

00:22:05.000 Here, you actually have an underlying condition, coronavirus, presumably when that is healed in some way, then you are going to see an uptick in the economy.

00:22:11.000 But if there is no prospect of an uptick, then there will come a point where everybody is just going to have to adopt the Danish solution.

00:22:18.000 There will come a point where the economy can no longer afford to operate on this basis, and that's going to be dangerous, and it's going to be terrible, and we're going to have to make some very, very difficult public policy decisions as to which sectors are allowed to go back to work, what is the risk factor for people who are older in our society, right?

00:22:32.000 We hope we never get to that.

00:22:33.000 The great hope is that by summer, by May, this thing starts to die down.

00:22:38.000 And again, many scientists are suggesting that that may be exactly what happened.

00:22:42.000 That perhaps we get to the point pretty quickly, you know, hopefully, as we say, by May, that this thing starts to drop off a little bit in terms of its virulence and that the government has gotten it under control.

00:22:53.000 But if it does not, then all of the measures the government is taking right now in order to contain this thing are not going to have a lot of long-term effect and the economy is going to stay down for the count.

00:23:03.000 That is the great fear.

00:23:05.000 So, we can all take these measures, right?

00:23:07.000 We can all stay home.

00:23:08.000 Government can pump.

00:23:09.000 We can do that for a marked period of time.

00:23:11.000 We cannot do that interminably.

00:23:12.000 We cannot do it forever.

00:23:13.000 The government cannot just print money or borrow money on the basis of revenue that's never going to arrive based on lowered economic projections.

00:23:19.000 Now, again, most economists believe that we're gonna come out of this fairly quickly, meaning that there'll be a rough, rough Q2.

00:23:24.000 The Q2 in the United... I mean, Goldman Sachs is projecting that Q2 in the United States, we're gonna see a 4% GDP loss, which is just astonishing.

00:23:33.000 And then afterward, we'll see, they hope, an alleviation and a 2% GDP gain, that we'll see a U-shaped recovery, and by the end of the year, we'll have gone through the year with a slight loss.

00:23:43.000 The stock market today is sort of assuming there's not going to be tremendous amounts of new information available.

00:23:47.000 The stock market is up slightly today.

00:23:49.000 At this point, it dropped 3,000 points yesterday.

00:23:51.000 It is up and down and up and down because nobody knows where the actual bottom is.

00:23:55.000 Nobody knows where exactly this thing is going.

00:23:57.000 With that said, everybody is shutting down, and there's not gonna be any new information for a couple of weeks.

00:24:02.000 Now, here's the thing.

00:24:03.000 You're gonna see a lot of statistics in the next couple of weeks about the number of cases rising.

00:24:07.000 That's good.

00:24:07.000 That's a good thing.

00:24:08.000 That's what you want.

00:24:09.000 The reason you want that is because the cases already exist.

00:24:12.000 It's not that seeing the number of cases that are in the system means there are more new cases.

00:24:16.000 It means we're now finally testing, which is something that is deeply necessary at this point.

00:24:21.000 Okay, in just a second, we're gonna get to the latest measures being taken by states and localities.

00:24:27.000 We're going to get to the new White House guidelines.

00:24:29.000 We're going to get to all of that in just one second.

00:24:31.000 First, let's talk about one reality.

00:24:32.000 You're going to be using the mail an awful lot in the near future, but do you really want to schlep over to the post office?

00:24:37.000 There are lines there, okay?

00:24:38.000 And forget about the length of the lines.

00:24:40.000 Social distancing, man.

00:24:41.000 That seem like a good idea to you?

00:24:43.000 To go out to the post office and schlep a bunch of packages there?

00:24:46.000 Seems like a bad idea to me.

00:24:47.000 This is why you should be using stamps.com, beyond all the other reasons like saving tons of time and money.

00:24:52.000 Stamps.com is completely online.

00:24:54.000 Plus, if you save five cents off every first-class stamp and up to 40% off shipping rates, you are doing really well.

00:24:59.000 Simply use your computer to print official U.S.

00:25:01.000 postage 24-7 for any letter, any package, any class of mail, anywhere you want to send it.

00:25:05.000 Once your mail is ready, just hand it to your mail carrier or drop it in a mailbox.

00:25:08.000 It is indeed that simple.

00:25:09.000 Think about how much time and money you could have saved on letters and packages over the years, and think about the fact that they're telling you to stay home.

00:25:15.000 You can stay home and still use Stamps.com.

00:25:17.000 Stamps.com is a no-brainer.

00:25:18.000 It saves you time.

00:25:18.000 It saves you money.

00:25:19.000 And it saves you the hassle of having to be out in public at a time when you're not really supposed to be out in public.

00:25:23.000 Right now, my listeners get a special offer that includes a four-week trial plus free postage and the digital scale.

00:25:28.000 No long-term commitment.

00:25:29.000 Just head on over to stamps.com.

00:25:30.000 Click on the microphone at the top of the homepage.

00:25:32.000 Type in Shapiro.

00:25:33.000 That is stamps.com.

00:25:35.000 Enter code Shapiro.

00:25:36.000 Go check it out right now.

00:25:37.000 Okay, so the San Francisco Bay Area is the first place in the nation that has essentially told people to shelter in place.

00:25:40.000 is the first place in the nation that has essentially told people to shelter in place.

00:25:43.000 This is going to become very quickly, I think, the standard for the United States.

00:25:48.000 One of the things that happens in these situations is you don't want to be the public leader who gets left behind.

00:25:52.000 You don't want to be the outlier, right?

00:25:52.000 You don't want to be the outlier.

00:25:53.000 Right?

00:25:54.000 Denmark is taking enormous amounts of flack for exactly the policies I was talking about before.

00:25:57.000 The UK was taking an enormous amount of flack for the policies that I was talking about before.

00:26:01.000 How would you like to be the mayor who says everybody go about your business and then you get an outbreak in your city?

00:26:05.000 And by the way, that's a real possibility, right?

00:26:07.000 I mean, during the Spanish flu, there was a widespread difference, 1918 to 1920.

00:26:11.000 Huge difference in death rates between Philadelphia, where everybody just went about their business, and St. Louis, where these shelter-in-place orders were basically put in place, and the death rate was half of that in Philadelphia.

00:26:21.000 Well, now, six Bay Area counties have announced shelter-in-place orders for all residents on Monday, directing everyone to stay inside their homes and away from others as much as possible for three weeks.

00:26:30.000 In a desperate move to curb the rapid spread of coronavirus across the region, the directive was set to begin at midnight on Tuesday, and involves San Francisco, Santa Clara, San Mateo, Marin, Contra Costa, and Alameda counties, a combined population of more than 6.7 million people, and it's going to stay in place until at least April 7th.

00:26:48.000 The three other Bay Area counties, Sonoma, Solano, and Napa, did not issue similar mandates.

00:26:52.000 Also, Santa Cruz County announced a shelter-in-place order for its 275,000 residents.

00:26:57.000 In all likelihood, this is going to become sort of the common standard across America.

00:27:02.000 We've already seen shutdowns of basically all businesses in the city of Los Angeles.

00:27:06.000 Restaurants are closed except for takeout.

00:27:09.000 Movie theaters are closed.

00:27:11.000 Retail stores are closed.

00:27:12.000 We are seeing that in D.C.

00:27:13.000 We are seeing that in New York.

00:27:14.000 I mean, we've never seen anything like this, truly, in the history of the United States.

00:27:18.000 I mean, even during World War II, the stores were open.

00:27:20.000 This is astonishing stuff.

00:27:22.000 Businesses that do not provide essential services must send workers home.

00:27:25.000 Must.

00:27:26.000 According to these orders.

00:27:27.000 Among those remaining open are grocery stores, pharmacies, restaurants for delivery only, and hardware stores as well.

00:27:32.000 Most workers are ordered to stay home.

00:27:34.000 Exceptions are just healthcare workers, police, fire, other emergency responders, and utility providers such as electricians, plumbers, and sanitation workers.

00:27:40.000 BART will run for essential travel.

00:27:42.000 Airports are not closing either, although the fact is that domestic airline travel is basically dead at this point.

00:27:49.000 So, you know, the airline industry is in serious trouble.

00:27:54.000 They're just going to have to shut down.

00:27:55.000 They're just going to have to shut down. 0.99

00:27:56.000 Meanwhile, there's controversy over in Ohio where Governor Mike DeWine has postponed a primary election and the idiotic Democratic Party and idiot Tom Perez have said, we're going to go ahead with our primary today anyway. 0.99

00:28:06.000 Well, good luck with that. 0.99

00:28:07.000 I mean, seriously.

00:28:09.000 I mean, the governor, there's been talk about, you know, a judge said you can't shut it down and DeWine said, I am shutting it down.

00:28:14.000 And people are like, well, this is a constitutional crisis.

00:28:16.000 No, the negotiations between executive branches and the judiciary are ongoing.

00:28:20.000 It is not a violation of American governance for a governor to say, listen, I'm not going to pay attention to that court order.

00:28:27.000 And then the thing gets elevated.

00:28:29.000 Again, in emergency situations, this sort of stuff tends to go by the wayside.

00:28:33.000 DeWine tweeted, Meanwhile, the Secretary of State, Frank LaRose, said that he's going to seek a remedy through the courts to extend voting options so every voter who wants to vote will be granted that opportunity.

00:28:50.000 Frankly, I'm shocked the DNC decided to go forward with this thing anyway.

00:28:53.000 Okay, meanwhile, the White House announced all sorts of new guidelines yesterday.

00:28:57.000 Sorry, quick note.

00:28:58.000 First, There are no shortages, okay?

00:29:00.000 So you don't have to rush over to the grocery store or the pharmacy.

00:29:02.000 These things will be stocked.

00:29:03.000 NBC's Nightly News with Lester Holt was pointing out that the supply chains are still in place.

00:29:07.000 The good news is nobody's starving, thank God.

00:29:09.000 Okay, the fact is that capitalism, amazing solutions to stocking the shelves.

00:29:14.000 Here is Lester Holt reporting last night on NBC News.

00:29:17.000 So there will be food.

00:29:18.000 There's not a reason to stock up.

00:29:20.000 Just come back tomorrow.

00:29:22.000 In Maryland today, trucks loaded with supplies headed to a slammed Costco.

00:29:26.000 The same in Florida.

00:29:28.000 Pinched public stores getting resupplied.

00:29:31.000 In California, the Northgate Gonzalez Market, one of many shoppers now opening early, just for older shoppers 65 and up.

00:29:39.000 We're going to have exclusive for seniors.

00:29:42.000 And tonight, at an Aldi, there is enough toilet paper.

00:29:47.000 Okay, so that of course is good news.

00:29:48.000 The White House yesterday came out and announced some new guidelines.

00:29:51.000 President Trump said that this outbreak could last until July or August.

00:29:55.000 Originally, the media reported that Trump was going to keep all these restrictions in place until July or August.

00:29:59.000 The fact is, we do not know how long these restrictions are going to last.

00:30:03.000 In reality, do you think the American people are going to simply shelter in place all the way until July or August?

00:30:07.000 It is currently March 17th.

00:30:09.000 Do you really think the American people are going to shelter in place for four months?

00:30:13.000 And that is something it's just not going to happen.

00:30:15.000 Realistically speaking, it's not going to happen.

00:30:17.000 Here's President Trump suggesting the outbreak could last until July or August.

00:30:20.000 Then Dr. Anthony Fauci said, well, the restrictions aren't going to last until July or August, but the outbreak could.

00:30:24.000 It seems to me that if we do a really good job, we'll not only hold the death down to a level that is much lower than the other way, had we not done a good job, but...

00:30:40.000 But people are talking about July, August, something like that.

00:30:46.000 So it could be right in that period of time where I say it washes through.

00:30:50.000 Other people don't like that term, but where it washes through.

00:30:55.000 Okay, so that of course is a fairly accurate take.

00:30:57.000 Some people are even suggesting that by early May, as the summer kicks in, we may see an alleviation of the virus itself.

00:31:03.000 President Trump finally acknowledging the economy could be headed into recession.

00:31:06.000 Look, the fact is that the early handling of this by the Trump administration was not good.

00:31:09.000 As I've said for about a week, Trump wised up late last week, and he has now been taking a very serious tack on all of this, which is correct.

00:31:16.000 Here's Trump yesterday announcing the economy could be headed into recession.

00:31:20.000 The stock market took another hit today.

00:31:21.000 Is the U.S.

00:31:22.000 economy heading into a recession?

00:31:24.000 Well, it may be.

00:31:25.000 We're not thinking in terms of recession.

00:31:26.000 We're thinking in terms of the virus.

00:31:28.000 Once we stop, I think there's a tremendous pent-up demand, both in terms of the stock market and in terms of the economy.

00:31:34.000 And once this goes away, once it goes through and we're done with it, I think you're going to see a tremendous, a tremendous surge.

00:31:42.000 Okay, President Trump also suggested that the best thing for the stock market is to get through the crisis, which of course is true and does speak to what exactly are the financial measures that are being taken. 0.98

00:31:51.000 This is why the suggestion that the Fed lowering its rate to zero was going to jog the economy is idiotic. 0.93

00:31:56.000 Until this whole thing is actually solved, there isn't going to be no jog to the economy. 0.97

00:31:59.000 Right now, it is just a matter of get through it.

00:32:01.000 Get through it until either a vaccine is found or until the summer kills off this Wuhan virus.

00:32:06.000 Here's President Trump.

00:32:08.000 Stocks continue to fall today.

00:32:10.000 Will the White House support negative rates?

00:32:11.000 The best thing I can do for the stock market is we have to get through this crisis.

00:32:14.000 That's what I can do.

00:32:15.000 That's the best thing we can do.

00:32:17.000 That's what I think about.

00:32:19.000 Once this virus is gone, I think you're going to have a stock market like nobody's ever seen before.

00:32:26.000 And of course, I think there's truth to that as well.

00:32:28.000 I mean, the fact is that when we do come out of this, this will have been a very good time to buy stock.

00:32:31.000 But not a lot of people have tons of disposable income, considering that their businesses are being shut down.

00:32:37.000 President Trump did say that we now recommend that nobody gather in groups of 10.

00:32:40.000 So, so much for your holiday party, gang.

00:32:44.000 And if you have a family of 12, then I guess two of them are out on the doorstep.

00:32:47.000 Here's President Trump.

00:32:48.000 My administration is recommending that all Americans, including the young and healthy, work to engage in schooling from home when possible, avoid gathering in groups of more than 10 people, avoid discretionary travel, and avoid eating and drinking at bars, restaurants, and public food courts.

00:33:09.000 If everyone makes this Change or these critical changes and sacrifices now we will rally together as one nation and we will defeat the virus and we're going to Have a big celebration all together.

00:33:24.000 Okay, and again, all of that is true.

00:33:26.000 All that we need is one of three things to happen.

00:33:29.000 We need a massive increase in the number of ICU beds and ventilators.

00:33:31.000 We need this Wuhan virus vaccine right now.

00:33:34.000 Or we need the summer to kill off the flu.

00:33:36.000 Now, again, even if the summer kills off the flu, we are still going to need that increase in ICU beds.

00:33:40.000 We are still going to need that increase in vaccine.

00:33:43.000 The reason being that there could be a second wave of this.

00:33:45.000 What people don't realize about the Spanish flu, there are actually three waves of the Spanish flu.

00:33:49.000 Wave number two was the one that killed the most people.

00:33:52.000 President Trump, in another piece of good news, he suggests that a vaccine candidate for phase one has begun.

00:33:56.000 In actuality, there are actually several candidates for a phase one vaccine.

00:34:00.000 There's one here.

00:34:01.000 I believe there's one in Germany.

00:34:02.000 I believe there's one in Israel.

00:34:03.000 Here is President Trump.

00:34:04.000 I'm also pleased to report today that a vaccine candidate has begun the phase one clinical trial.

00:34:10.000 Thank you.

00:34:11.000 This is one of the fastest vaccine development launches in history.

00:34:15.000 Not even close.

00:34:15.000 We're also racing to develop antiviral therapies and other treatments.

00:34:20.000 And we've had some promising results, early results, but promising to reduce the severity and the duration of the symptoms.

00:34:29.000 And I have to say that our government is prepared to do whatever it takes, whatever it takes we're doing.

00:34:36.000 Okay, the acting DHS secretary added that a domestic travel shutdown is on the table.

00:34:39.000 That, of course, makes perfect sense considering that nobody is flying anyway.

00:34:42.000 I mean, the airlines have taken a massive hit.

00:34:44.000 Here's the acting DHS secretary announcing that we may shut down the airlines.

00:34:47.000 As you heard the president say, it's certainly something that we continue to look at, certainly in the task force.

00:34:51.000 There are no immediate plans for any domestic travel restrictions.

00:34:55.000 But as I often say, we like to keep all options on the table.

00:34:58.000 And again, as the virus continues to evolve and our medical strategy continues to evolve, then that's certainly something that we'll take a look at.

00:35:06.000 Deborah Birx is heading up the president's coronavirus response.

00:35:09.000 She also says we're looking at the best responses from everywhere.

00:35:11.000 Look, the entire federal government is on this thing.

00:35:14.000 So are all the state governments.

00:35:15.000 Again, the big question is going to be what's the end date here?

00:35:18.000 What's the end date?

00:35:18.000 Because the fact is that we're already seeing this in countries around the world.

00:35:22.000 People are already coming out of isolation, especially free countries where you're not going to have people with machine guns in the streets telling people to get back in their homes.

00:35:29.000 Thank God, it's a good thing.

00:35:30.000 That means that the number of people who are going to stay in place, especially if the numbers don't dramatically skyrocket and freak everybody out, that eventually people are going to go back out in the streets.

00:35:39.000 Here's Deborah Burke saying we're looking at good responses from everywhere.

00:35:42.000 I think we're looking at all the experience that has been gained around the world with...

00:35:46.000 We spend every day reviewing what has happened in China, South Korea, Italy, Iran, and across the world to really see how people have responded.

00:35:56.000 There's a China model, there's a South Korea model.

00:36:00.000 We're taking the best of each of those models and working on seeing how we adapt them.

00:36:06.000 Yeah, well, so all of that is true.

00:36:09.000 It's funny, the media have been playing this thing very oddly in some areas.

00:36:12.000 For example...

00:36:14.000 They've been saying that the federal response was following the state response.

00:36:17.000 Yes, because states are built for this. 0.89

00:36:18.000 I mean, this is what federalism is built on.

00:36:20.000 Localism, the ability of states to declare national emergencies or state emergencies is far greater than the capacity of the federal government to declare such emergencies.

00:36:28.000 Of course, the thing should have started at the local and state level in terms of the initiation of lockdowns like this.

00:36:34.000 For all of that, the president has now put out a document called 15 Days to Slow the Spread.

00:36:39.000 Now, this does not mean that all these restrictions are going to end after 15 days.

00:36:42.000 That is very unlikely.

00:36:44.000 OK, the high likelihood at this point is that this thing is going to continue at least another month.

00:36:47.000 If I had to put my thumb on it, I would think that it would be at least another four to six weeks minimum.

00:36:53.000 OK, but with that said, the president has said there are 15 days to slow the spread because at the very least, you have to take one running punch at coronavirus by preventing the rapid spread to give the government time to catch up.

00:37:05.000 So here are the guidelines.

00:37:07.000 They say, listen to and follow the directions of your state and local authorities.

00:37:10.000 If you feel sick, stay home.

00:37:11.000 Do not go to work. 0.98

00:37:11.000 Contact your medical provider. 0.98

00:37:13.000 If your children are sick, keep them at home.

00:37:15.000 Do not send them to school.

00:37:16.000 Contact your medical provider.

00:37:17.000 If someone in your household has tested positive for the coronavirus, keep the entire household at home.

00:37:21.000 Do not go to work. 0.98

00:37:22.000 Do not go to school.

00:37:22.000 Contact your medical provider.

00:37:23.000 If you're an older person, stay home and away from other people. 1.00

00:37:26.000 If you're a person with a serious underlying health condition that can put you at increased risk, for example, a condition that impairs lung or heart function or weakens your immune system, stay home and away from other people.

00:37:36.000 Even if you are young or otherwise healthy, says the White House, you are at risk.

00:37:39.000 Your activities can increase the risk for others.

00:37:40.000 It's critical you do your part to slow the spread of the coronavirus.

00:37:44.000 And this, of course, has led to a fair bit of controversy between sort of young people and older people.

00:37:48.000 There's an interesting article in the Wall Street Journal today about how some young people are like, I just want to live my life, man.

00:37:53.000 And if the oldies get it, then the oldies, okay.

00:37:56.000 That is a fairly immoral point of view.

00:37:58.000 You staying home for a couple of... Listen, the economy is going to take the hit anyway.

00:38:01.000 You staying home for a couple of weeks from the bar and killing your social life for a couple of weeks to save grandma?

00:38:06.000 Actually, that's something you sort of owe to grandma.

00:38:08.000 Do your part to slow the spread of the coronavirus, says the White House.

00:38:11.000 Work or engage in schooling from home whenever possible.

00:38:13.000 If you work in a critical infrastructure industry as defined by the DHS, such as healthcare services and pharmaceutical and food supply, you have a special responsibility to maintain your normal work schedule.

00:38:21.000 Avoid social gatherings in groups of more than 10 people.

00:38:24.000 Avoid eating or drinking at bars, restaurants and food courts.

00:38:26.000 Use drive-thru pickup or delivery options.

00:38:28.000 Avoid discretionary travel, shopping trips and social visits.

00:38:31.000 Do not visit nursing homes or retirement or long-term care facilities.

00:38:34.000 And of course, wash your hands.

00:38:36.000 Avoid touching your face.

00:38:36.000 Sneeze or cough into a tissue or the inside of your elbow.

00:38:39.000 Disinfect frequently used items and surfaces as much as possible.

00:38:43.000 They also say that older people are particularly at risk.

00:38:45.000 All states should follow federal guidance and halt social visits to nursing homes and retirement and long-term care facilities.

00:38:52.000 And they recommend that all states shut down bars, restaurants, food courts, gyms, and other indoor and outdoor venues where groups of people congregate.

00:38:58.000 So this thing is going to be rough, obviously, and President Trump has gotten serious about it.

00:39:03.000 The White House has gotten serious about it.

00:39:05.000 I keep repeating it, but the reality is we are not going to know how successful any of this stuff was Until we get to the summer.

00:39:13.000 We're just not going to know that.

00:39:15.000 The statistics, by the way, the coronavirus map continues to add numbers to it.

00:39:21.000 We had about 18 deaths in the United States from coronavirus.

00:39:23.000 That doesn't sound like a lot considering that we are in a country of 330 million people or so.

00:39:30.000 But the numbers are climbing.

00:39:32.000 As I said before, that's a good thing.

00:39:34.000 The fact that the numbers are climbing means that there's more tests that are now available.

00:39:39.000 And there are drive-through tests that are being made available.

00:39:41.000 With all of that said, Governor Andrew Cuomo is basically the tip of the spear in declaring this an emergency.

00:39:47.000 He's been asking for literally tens of thousands of ICU beds from the federal government, which is something the federal government, I mean, takes time to generate that sort of stuff.

00:39:54.000 Cuomo has a piece in the New York Times today, says, Dear Mr. President, the coronavirus pandemic is now upon us.

00:39:58.000 Data from other countries show us clearly where we are headed.

00:40:01.000 Every country affected by this crisis has handled it on a national basis.

00:40:04.000 The United States has not.

00:40:05.000 Okay, first of all, that is just not true, okay?

00:40:07.000 Italy did not hand it on a national basis.

00:40:09.000 They shut down northern Italy, then they finally shut down the entire country.

00:40:12.000 They lagged.

00:40:13.000 Okay, we are actually not lagging nearly as bad as Italy did.

00:40:15.000 We're several days ahead of Italy in terms of our response.

00:40:19.000 Cuomo says state and local governments alone simply do not have the capacity or resources to do what is necessary and we don't want a patchwork quilt of policies.

00:40:28.000 Okay, but again, the federal government can declare the policies, but it's very difficult to actually effectuate those policies without the state and localities actually making that happen.

00:40:37.000 And Cuomo says there is now only one question your team must answer for you.

00:40:40.000 Can we slow the spread of the disease to a rate that our state health care systems can handle?

00:40:43.000 The answer increasingly looks like no.

00:40:45.000 That doesn't mean that we should not try.

00:40:46.000 There are fewer options available at this late date.

00:40:48.000 The federal government should move to implement them swiftly.

00:40:51.000 You say that we need more tests, obviously, and there were screw-ups by the CDC throughout this entire process.

00:40:56.000 Joe Biden falsely claimed that the president rejected WHO tests.

00:40:59.000 That's not true.

00:40:59.000 The CDC just screwed this thing up.

00:41:01.000 They said they had the test and then they didn't actually have the test and somebody's head at the CDC needs to roll for that when all of this is done.

00:41:08.000 Also, Cuomo suggests that we have to have closing of schools and businesses and those have federal implications.

00:41:15.000 And we need to have consistency in those shutdowns.

00:41:19.000 He says some things about the ability of businesses to simply cross state lines.

00:41:24.000 That, I think, is a little bit exaggerated.

00:41:25.000 With that said, the federal government is now engaging in commercial buying of paper, which is actually a very good thing.

00:41:30.000 They need to do that because that is basically ensuring that those short-term loans that many small businesses are reliant upon don't get called in immediately.

00:41:37.000 And then Cuomo's big ask is that the federal government actually mobilize the army in order to build new facilities.

00:41:43.000 Cuomo says, you must anticipate without certain action, the imminent failure of hospital systems is all but certain.

00:41:48.000 According to one projection, as many as 214 million people in our country could be infected over the course of the epidemic.

00:41:53.000 Of those, as many as 21 million people could require hospitalization, which would crush the nation's medical system.

00:41:59.000 New York State has just 53,470 hospital beds, only 3,100 of which are intensive care beds, which of course is not even close to the number that we need.

00:42:07.000 Our country as a whole has fewer than 1 million staffed hospital beds, fewer proportionately than China, South Korea, or Italy.

00:42:14.000 Okay, but we're also a little more spread out than South Korea or Italy, for example, and it is also true that we are obtaining the disease, at least by best available statistics, at a lower rate than some of those other countries.

00:42:26.000 But do we need to build more hospitals?

00:42:28.000 Absolutely.

00:42:29.000 Do we need more beds created?

00:42:31.000 Absolutely.

00:42:32.000 Cuomo is calling.

00:42:33.000 Okay, in just a second, we're gonna get to more on this.

00:42:35.000 We'll bring you the latest from the coronavirus counts, which are escalating.

00:42:38.000 power to retrofit and equip existing facilities to serve as temporary medical centers.

00:42:42.000 That is probably a good idea.

00:42:44.000 That is probably a good idea.

00:42:46.000 So all of those resources are going to be brought to bear.

00:42:48.000 Okay, in just a second, we're going to get to more on this.

00:42:51.000 We'll bring you the latest from the coronavirus counts, which are escalating.

00:42:56.000 They've not been escalating in China, and they've not been escalating in South Korea, which is really interesting because, again, life seems to be opening up there again, which, I mean, that means that the economy will recover once this stuff is over.

00:43:06.000 We'll get to that in just one second.

00:43:07.000 First, let's talk about a certain reality, and that is that if you want to keep yourself and your family safe, one thing that would be very useful at a time like this is, of course, owning a firearm.

00:43:16.000 Owning a rifle is an awesome responsibility.

00:43:18.000 Building a rifle is no different.

00:43:20.000 Started in a garage by a Marine veteran more than two decades ago, Bravo Company Manufacturing builds a professional-grade product which is built to combat standards.

00:43:26.000 That's because BCM believes the same level of protection should be provided to every American, regardless if they're a private citizen or a professional.

00:43:32.000 The people at BCM assume that when a rifle leaves their shop, it will be used in a life-or-death situation by a responsible citizen, law enforcement officer, or a soldier overseas, so every component of a BCM rifle is hand-assembled and tested to a life-saving standard.

00:43:44.000 The people at BCM Believe it's their moral responsibility as Americans to provide tools that will not fail when it's not just a paper target.

00:43:50.000 And whenever there is a difficult situation you always worry about crime rates rising.

00:43:56.000 Protecting yourself, protecting your family, it's an imperative.

00:43:58.000 Go check out my friends at Bravo Company Manufacturing.

00:44:00.000 Head on over to BravoCompanyMFG.com.

00:44:02.000 You can discover more about their products, special offers, and upcoming news.

00:44:05.000 That is BravoCompanyMFG.com.

00:44:07.000 You should check out their awesome videos too.

00:44:09.000 Meet the great people who make their products at YouTube.com slash BravoCompanyUSA.

00:44:13.000 Again, that's YouTube.com slash BravoCompanyUSA.

00:44:18.000 Okay, so here are the latest counts with regard to the coronavirus.

00:44:23.000 So about 190,000 total confirmed cases across planet Earth right now.

00:44:27.000 There are about 81,000 in China.

00:44:29.000 That's been stagnant for quite a while and China's reopening life, which again, I keep saying this, that's actually really good news.

00:44:34.000 I mean, that does suggest that once this thing is shut down to a certain extent, that it sort of dies out and is less transmissible.

00:44:40.000 So that's a good thing.

00:44:41.000 Italy is continuing to see an escalation.

00:44:44.000 They've got 28,000 total cases in Italy with 2,158 deaths in Italy.

00:44:51.000 But it seems that even in Italy, this thing may be leveling off just a little bit.

00:44:55.000 Iran is reporting statistics that are completely false.

00:44:57.000 They say they have 16,000 cases in Iran.

00:44:59.000 That's probably off by maybe even an order of magnitude.

00:45:03.000 Spain is starting to see an escalation.

00:45:05.000 The United States has about 5,000 diagnosed cases again.

00:45:08.000 You should expect that to spike.

00:45:09.000 We only have 85 deaths so far and most of those are still in the nursing homes in Washington State.

00:45:14.000 About 40 of those were in a nursing home in Washington State.

00:45:17.000 So those are the current statistics that we are seeing. 0.99

00:45:21.000 In just a second, we're going to get to the idiotic controversy of the day. 1.00

00:45:24.000 We've given you all the information, but there's an idiotic controversy of the day. 1.00

00:45:26.000 The idiotic controversy of the day is that the President of the United States labeled this the Chinese virus, which of course is the end of the world. 0.99

00:45:33.000 We'll get to why this is Utterly uncontroversial, and actually, it's a good thing that Trump is saying this. 0.99

00:45:37.000 We'll get to that in a second.

00:45:38.000 First, gang, gotta tell you, Dailyware membership is the only way you should be viewing our content.

00:45:42.000 You're missing all the best features.

00:45:43.000 Right now, using promo code Shapiro, you get 10% off any member plan you choose.

00:45:48.000 Become part of our community.

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00:45:50.000 Well, members get our articles ad-free, access to all of our live broadcasts and show library, the full three hours of the Ben Shapiro Show, select bonus content, access to the mailbag, and more.

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00:46:14.000 I should also mention that thanks to coronavirus and the shutdown, we have been trying to ensure that we can all hang out together.

00:46:22.000 All of our members last night, for example, we got together and we all talked movies.

00:46:25.000 It was just me and Jeremy Boring and we hung out within a social distancing area and elbow bumped and then talked about movies and religion for an hour.

00:46:32.000 I thought it was a lot of fun.

00:46:33.000 It creates a sense of community.

00:46:34.000 It makes you feel not quite as alone in this time when I think a lot of people are feeling isolated.

00:46:38.000 So come join our community.

00:46:39.000 It really is a lot of fun.

00:46:40.000 Stop depriving yourself.

00:46:41.000 Come join the fun.

00:46:42.000 We'll hang out together through all of this.

00:46:44.000 of this, you're listening to the largest, fastest growing conservative podcast and radio show in the United States.

00:46:47.000 So the federal government has now proposed an $850 billion emergency fiscal package.

00:46:58.000 That is a good idea because if it is targeted, again, at commercial paper, it's targeted at shoring up those small businesses that don't want to have their loans called in on them.

00:47:06.000 That is a useful thing.

00:47:08.000 It's not going to reactivate economic activity, of course. 0.94

00:47:11.000 It would be idiotic to suggest economic activity is reactivated as coronavirus continues to plague the globe. 0.97

00:47:16.000 Meanwhile, everybody is apparently a moron about labeling the coronavirus Wuhan flu or the Chinese virus. 0.99

00:47:23.000 President Trump last night tweeted about the Chinese virus. 0.98

00:47:27.000 And he tweeted this.

00:47:28.000 The United States will be powerfully supporting those industries like airlines and others that are particularly affected by the Chinese virus will be stronger than ever before.

00:47:34.000 And everybody was like, that's so racist.

00:47:36.000 That's so it is not racist. 1.00

00:47:37.000 Stop with this stupid crap. 1.00

00:47:39.000 It originated in China. 1.00

00:47:40.000 It is the fault of the Chinese government that it exited China's borders for a month. 0.87

00:47:44.000 China sat on this thing and tried to jail people who talked openly about it. 1.00

00:47:47.000 So don't give me this garbage that somehow it's racist against random Chinese people to point out that the virus originated in China. 0.96

00:47:53.000 Not only is it not racist, it's a good thing that the president continues to call it the Chinese virus. 0.99

00:47:57.000 Why?

00:47:58.000 Because Chinese diplomats are now pushing conspiracy theories trying to blame this on the United States.

00:48:03.000 Literally, they are trying to do this.

00:48:05.000 Okay, a little bit earlier last week, A prominent Chinese diplomat tweeted a conspiracy theory that the coronavirus did not originate in Wuhan, but in the United States instead.

00:48:14.000 Li Hianzhao, a deputy director general of the Information Department of China's Foreign Ministry, tweeted, So China is trying to throw off its responsibility for this whole thing.

00:48:20.000 one of us, please read and retweet it.

00:48:22.000 COVID-19, further evidence that the virus originated in the United States.

00:48:26.000 So China is trying to throw off its responsibility for this whole thing.

00:48:28.000 And honestly, in the aftermath of this, if it were not apparent before, you know, I've said many times over the course of years, I am not certain that the United States Nixon administration's decision to open China was actually a good idea.

00:48:39.000 We may have been better off simply continuing to economically boycott China and then let the communist regime collapse in on itself the same way that we did with the USSR. 0.81

00:48:47.000 Okay, right now the rest of the world needs to seriously consider whether we should be doing business with China.

00:48:53.000 On an ongoing basis.

00:48:54.000 This is just further proof.

00:48:55.000 Forget all of their human rights violations for the moment. 0.95

00:48:57.000 Forget the fact that they keep a billion Uyghurs in abject servitude and slavery and jail conditions just because they're Muslim. 1.00

00:49:04.000 Forget the fact that China has repressed a billion people in a horrific system of communist depression that has resulted in the deaths of literally hundreds of millions of unborn babies.

00:49:17.000 I mean, really, like forced abortion from the 1970s through 2015 was responsible for, if not hundreds of millions of babies, at least tens of millions of babies, and the forced sterilization of millions of women.

00:49:28.000 This is an evil, evil regime.

00:49:29.000 And the evil of the regime was shown for everybody to see when this virus was basically unleashed upon an unsuspecting world because the Chinese government wanted to uphold its credibility with its own citizenry. 0.94

00:49:39.000 We're all going to have to decide.

00:49:41.000 And I mean corporations, I mean governments, whether we want to continue to do business with an aggressive state that cares so little about the rest of the world that they are willing to silence their own citizens even if it means the rest of the world has to suffer death and privation and the entire world economy shutters to a halt.

00:49:58.000 Okay, so yes, this should be labeled the Chinese virus. 0.55

00:50:00.000 It is a Chinese virus. 0.79

00:50:01.000 To pretend that it is not, that is a referendum on the regime.

00:50:03.000 It's not a referendum on the people of China, who are great.

00:50:07.000 It is not a referendum on Chinese people abroad, who are wonderful. 1.00

00:50:10.000 It is a referendum on the Chinese government, which is a bag of garbage and has been a bag of garbage for decades. 1.00

00:50:15.000 By the way, in breaking news, Mike Pence... 0.99

00:50:18.000 is now asking construction companies to donate additional industrial masks to the medical community and forego additional orders of masks at this time, which makes sense.

00:50:25.000 Construction isn't exactly ongoing.

00:50:27.000 CNN is reporting 97 people have died and at least 5,000 confirmed cases of the coronavirus, according to the CDC.

00:50:34.000 Again, those numbers are going to jump.

00:50:35.000 The numbers jumping shouldn't scare you.

00:50:37.000 It should be evidence that we're starting to finally get this thing under control via testing.

00:50:41.000 You're going to see those numbers skyrocket in future days, and then we look for it to level off.

00:50:44.000 Okay, time for a quick thing that I like, and then a couple of quick things that I hate.

00:50:49.000 So things that I like today.

00:50:50.000 So if you're looking for something creepy, but not too creepy to read, go check out The Complete Tales and Poems of Edgar Allan Poe.

00:50:57.000 Perhaps the greatest American writer, his command of language is absolutely beautiful.

00:51:00.000 And if you want to read something that's, if you're into, you know, watching the movie Contagion and freaking yourself out, the best pandemic story, of course, is The Mask of the Red Death by Edgar Allan Poe.

00:51:09.000 So if you're in a very dark mood, read that.

00:51:11.000 But otherwise, Edgar Allan Poe is just a master at what he does.

00:51:14.000 And, you know, his writing is beautiful.

00:51:17.000 So go check out some Edgar Allan Poe.

00:51:19.000 Like, now's a good time to catch up on your classics reading.

00:51:21.000 So if you don't remember all that stuff you were supposed to read in high school, now's a good time to catch up on all of that.

00:51:26.000 Maybe we'll dedicate one of these sort of special Daily Wire episodes that we've been doing just for our listeners and our members.

00:51:32.000 Maybe we'll dedicate one of those to book choices and discussing solid book choices over the course of the next several weeks when we are all home and those of us who do not have kids may have some extra time on our hands.

00:51:41.000 If you have kids, basically you're just trying to keep yourself from not going insane at this point.

00:51:44.000 Okay, time for a quick thing that I hate. 1.00

00:51:50.000 Bill de Blasio, the mayor of New York, is an idiot. 1.00

00:51:52.000 Like a full-stop moron. 1.00

00:51:54.000 Okay, by the way, so is Mayor Garcetti of L.A. 1.00

00:51:55.000 Mayor Garcetti of L.A.

00:51:57.000 I mentioned this a couple of weeks ago.

00:51:59.000 So, some of us took coronavirus pretty seriously a few weeks ago.

00:52:01.000 Like, I told my wife several weeks ago to go out shopping because I thought this thing might get bad.

00:52:05.000 But, with all of that said, Eric Garcetti, even at the time, Mayor of Los Angeles, he let the LA Marathon go on.

00:52:13.000 No problem.

00:52:14.000 20,000 people out sweating and coughing on each other.

00:52:16.000 Just a genius move by Eric Garcetti, who also has allowed tens of thousands of homeless people to clog up the streets of Los Angeles, providing a public health risk that has been ongoing in this city for a long time.

00:52:25.000 Okay, Bill de Blasio is of the same order, except more. 1.00

00:52:29.000 He's just a full-scale idiot. 1.00

00:52:30.000 I mean, a full moron. 1.00

00:52:32.000 So yesterday, for example, look at the difference between them. 1.00

00:52:34.000 I mean, it's just unbelievable.

00:52:35.000 de Blasio says we have to be on war footing to tackle coronavirus.

00:52:37.000 Okay, fair enough.

00:52:38.000 Here's Bill de Blasio explaining that to Mika Brzezinski over at MSNBC.

00:52:42.000 We need a national solution.

00:52:45.000 This should be a reality where the United States is put on a war footing, where the federal government mobilizes all the resources necessary.

00:52:54.000 We're going to need the United States military to come in with their substantial logistical and medical capacity.

00:53:01.000 We're going to need the supply chain nationalized in some form right Okay, first of all, these are not mutually exclusive.

00:53:08.000 Second of all, I do not think that mass numbers of the American military are building the border wall right now.

00:53:14.000 Okay, first of all, these are not mutually exclusive.

00:53:19.000 Second of all, I do not think that mass numbers of the American military are building the border wall right now. 0.97

00:53:24.000 This sort of politicization is completely idiotic, but perfectly predictable, considering politics in this country never stops, even in the middle of a pandemic. 0.99

00:53:31.000 That same idiot Bill de Blasio was filmed going into a YMCA to work out, despite the fact that I believe there is a current gym shutdown in New York City. 1.00

00:53:39.000 You're not supposed to go to the gym because it is indeed a germ factory, and unfortunately coronavirus lives on metal for days on end, which is why you can ask people around the office. 0.99

00:53:47.000 I advised them a couple, like a week ago.

00:53:49.000 And I myself did this, to go out and get some gym equipment at home, have it delivered via Amazon, which by the way, thank God for Amazon. 1.00

00:53:55.000 All you morons who were ripping on Amazon like five minutes ago, all you idiots who were like, Amazon's an evil, rapacious company. 0.99

00:54:00.000 Guess who's keeping the country going right now? 1.00

00:54:03.000 Amazon is about to hire 100,000 people because of all of the demand for people ordering online.

00:54:08.000 Yes, a private company that has made your life better, still doing great work.

00:54:11.000 That's the same company Bill de Blasio and AOC were raking over the coals five minutes ago. 1.00

00:54:15.000 Anyway, Bill de Blasio, He was asked why he went to the gym to stay healthy and a bunch of people in New York were like, are you a moron? 0.99

00:54:23.000 You just told everybody else they can't go to the gym and here you are going to the gym. 0.99

00:54:26.000 Here's Bill de Blasio defending himself going to the gym when he's not murdering groundhogs. 1.00

00:54:30.000 I did not for a moment think there was anything problematic because I knew the dynamics.

00:54:36.000 And again, I have to stay healthy so I can make the decisions for the people of this city.

00:54:42.000 Just unbelievable.

00:54:43.000 He needs to stay healthy to make decisions for the people of the city by going to a gym that he's telling everybody else not to go to.

00:54:48.000 What an absolute genius.

00:54:50.000 Speaking of politicization, again, the politics of this country do not stop for five seconds.

00:54:54.000 James Clyburn, who is the representative in South Carolina who endorsed Joe Biden and pretty much put him over the top there, put him on the path to the nomination. 0.99

00:55:01.000 Yesterday, he was on Axios on HBO comparing President Trump and the Republicans to the Nazis because this crap just doesn't stop. 0.99

00:55:07.000 It just doesn't stop. 1.00

00:55:08.000 During his State of the Union address, Trump told 31 lies.

00:55:14.000 Full of half of those lies, the Republican side of the aisle was standing up and cheering.

00:55:19.000 They knew that was not true, but they cheered him on.

00:55:24.000 I really believe that the people of Germany knew Hitler was lying, but they cheered him on. 0.95

00:55:37.000 And before they knew it, they no longer had a chancellor, but a dictator.

00:55:44.000 Anything that's happened before can happen again.

00:55:46.000 So we're now, seriously, it's hilarious.

00:55:48.000 The same people who are saying that Donald Trump is Hitler and Mike Pence is Goebbels or something.

00:55:52.000 These same people are suggesting that Donald Trump needs to fully take over the entire United States economy and now shut down the entire country.

00:55:57.000 Like, you're going to have to pick one. 0.98

00:55:59.000 This idea that the Republican Party is Hitlerian is so hilariously ridiculous. 0.89

00:56:03.000 But politics, again, does not stop, no matter the situation. 0.93

00:56:07.000 Can't stop.

00:56:08.000 Won't stop.

00:56:10.000 Even Andrew Cuomo, who is going at it with President Trump over all of this, and Trump going right back at Andrew Cuomo over all this.

00:56:17.000 I mean, this would be the time for cooperation and coordination.

00:56:20.000 And if Cuomo asks for something, and Trump says, we don't have the federal resources right now, which is sort of what happened on a phone call yesterday.

00:56:26.000 A bunch of governors were on the phone with Trump and they're like, can you get us ventilators?

00:56:29.000 And Trump was like, you should first try and get the ventilators.

00:56:31.000 We'll try to help, but we don't really have that great access either.

00:56:34.000 I mean, it's not like we have a big stockpile of ventilators over here.

00:56:36.000 We're ready to hand you.

00:56:37.000 So you should be trying to get it yourself.

00:56:39.000 This was promoted by the media without Trump saying that we'll try to help you.

00:56:43.000 Because people still have an agenda, even in times of global pandemic. 0.98

00:56:47.000 All of this crap has to stop. 0.98

00:56:49.000 Put it aside for the moment. 1.00

00:56:51.000 I think that Americans are.

00:56:52.000 I just think that our politicians are not.

00:56:54.000 Because when you're a professional politician, you're a hammer in search of a nail, and that just never stops.

00:56:58.000 Alrighty, we'll be back here later today with two additional hours of content.

00:57:01.000 Otherwise, we'll be back here tomorrow.

00:57:02.000 Don't worry.

00:57:03.000 We're getting through this together.

00:57:04.000 It's going to be fine.

00:57:05.000 Really, it will.

00:57:07.000 I really believe that this thing will die out by summer.

00:57:10.000 I've said before, I think that we're going to get on track.

00:57:13.000 I look at China, I'm encouraged.

00:57:14.000 I look at South Korea, I'm encouraged.

00:57:15.000 I look at Hong Kong, I'm encouraged.

00:57:17.000 I think that we're going to get this thing on track.

00:57:18.000 It's just going to require some sacrifice by all of us, but we can stick through it together.

00:57:22.000 It's temporary.

00:57:22.000 It is not permanent.

00:57:23.000 So just keep that in mind and hang out with us.

00:57:25.000 We'll just hang out together.

00:57:26.000 It'll be fine.

00:57:27.000 I'm Ben Shapiro.

00:57:28.000 This is The Ben Shapiro Show.

00:57:33.000 The Ben Shapiro Show is produced by Colton Haas.

00:57:35.000 Directed by Mike Joyner.

00:57:36.000 Executive producer Jeremy Boring.

00:57:38.000 Supervising producer Mathis Glover and Robert Sterling.

00:57:41.000 Assistant director Pavel Lydowsky.

00:57:43.000 Technical producer Austin Stevens.

00:57:45.000 Playback and media operated by Nick Sheehan.

00:57:47.000 Associate producer Katie Swinnerton.

00:57:49.000 Edited by Adam Siovitz.

00:57:50.000 Audio is mixed by Mike Koromina.

00:57:52.000 Hair and makeup is by Nika Geneva.

00:57:54.000 The Ben Shapiro Show is a Daily Wire production.

00:57:56.000 Copyright Daily Wire 2020.

00:57:59.000 Major U.S.

00:57:59.000 cities shut down to stop the spread of the Wu Flu.

00:58:02.000 But as we rush to save our lives, is coronavirus killing our Constitution?

00:58:06.000 We will examine the surprising civics lessons of this pandemic. 0.78

00:58:10.000 Then, former future Democrat governor of Florida and potential vice presidential candidate, Andrew Gillum, is found vomiting in a hotel room with a naked male prostitute and a bunch of meth.

00:58:18.000 We will analyze, as it were, how the press lets him off the hook.

The Ben Shapiro Show - March 17, 2020

15 Days That Shook The World | Ep. 973

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