U.S. Needs Massive Fiscal Response Up to $1 Trillion: Harvard’s Rogoff

The transcript discusses the necessity for a significant fiscal response by the US government to address a crisis. It critiques Trump's address for lacking a bipartisan agreement and emphasizes the need for a comprehensive fiscal and health response. The discussion includes protecting economic sectors like airlines and small businesses, and suggests a fiscal package starting from $500 billion to a trillion dollars, focusing on lower-income earners for quick economic impact.

What amount does the speaker propose as a starting point for fiscal response?

Who does the speaker suggest should be prioritized in the fiscal response?