Jobs Report Took the Wind Out of the Sails of Stimulus, Goolsbee Says

The transcript discusses a $3 trillion economic package proposed by the White House, including state and local support. The White House and Republicans suggest delaying the package, citing economic indicators. Concerns are raised about high unemployment rates and the potential for partisan conflict, which could delay relief efforts.

What is the main reason for the urgency in passing the $3 trillion package?

• To fund educational programs

• To increase military spending

• To provide state and local support

• To support international trade

What concern is raised about waiting until July to pass the relief package?

• It could delay infrastructure projects

• It may cause inflation to rise

• It might lead to a decrease in stock market prices

• It could result in a higher unemployment rate

What is the unemployment rate described as in the second section?

• The highest in almost a century

• The lowest in a decade

• Fluctuating unpredictably

• Stable compared to last year

What is a potential outcome of the political disagreements mentioned in the final section?

• A quick resolution to the relief package

• A decrease in government spending

• An increase in bipartisan cooperation

• A big partisan food fight

What does the final section suggest about the future of rescue programs?

• They will be replaced by new programs

• They will be extended without any issues

• They will be funded by private investors

• They might face uncertainty and delays