Bill O’Reilly’s No Spin News and Analysis - The O'Reilly Update, May 12, 2020
Episode Date: May 12, 2020Polls show Democrats and Republicans split on the country’s Coronavirus response, Trump tells America the nation has “prevailed” over the plague, inmates in Los Angeles deliberately trying to co...ntract the disease, British Pubs face extinction following the contagion. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Bill O'Reilly here Tuesday, May 12, 2020.
You are listening to the O'Reilly Update.
Here's what's happening across our nation.
Polls show Democrats or Republicans split on the country's virus response.
President Trump tells America the nation has prevailed on testing.
Inmates in some Los Angeles prisons deliberately trying to contract the disease.
Some British pubs face.
extinction following the contagion. Also, I had the future and your money. But first, new polls show
Americans mostly split down party lines on the country's response to the pandemic. Monmouth University
finding Democrats have been more personally affected, while Republicans drastically favor reopening
the economy now. Forty-seven percent of left-leaning voters say they know someone affected with COVID,
compared to 37% of conservatives, that's because more liberals live in big cities like New York.
When asked how fearful they are about the illness, 60% of Democrats said very.
25% of Republicans and 38% of independents feel the same way.
Conservative voters are also more optimistic about the economic recovery.
80% of GOP supporters are hopeful America can reopen the country soon, compared with just 53% of liberals.
Some of them don't want a quick economic rebound for political reasons.
President Trump telling Americans the country has prevailed on testing and effectiveness.
Mr. Trump saying, quote, numbers are looking much better, going down almost.
everywhere. Despite that, the White House says all staffers have to wear face masks inside the
West Wing. Some jail inmates in Los Angeles deliberately trying to contract COVID. L.A. sheriffs
confirming the prisoners are intentionally exposing themselves to COVID as a way to get out
of jail or be admitted to a hospital.
British pub struggling to stay in business during the country's lockdown.
Leaders from the UK's beer and pub associations say 50% of the nation's saloons will not survive.
Boris Johnson, the Prime Minister, confirming this week the bars will not be serving any ale or fish and chips or beer or anything until August.
In a moment, the future, how you can make some money.
Right back.
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update message of the day when up to 40 million Americans have job insecurity. You have to get
smart. Economically, big changes are coming. First, the stats. The unemployment rate in the
USA right now, about 15%.
the highest level since the Great Depression.
In 1933, during the Depression, the unemployment rate was 25%.
We may get close to that.
More than 30 million American jobs vanished since March.
The hardest hit sectors.
Oil.
The price of oil, down to $24 a barrel, gas prices per gallon,
expected to hit a dollar.
Certain parts of the USA, I never thought.
I thought I'd see that. Shares at Exxon down 38% in the past two months. Financial services,
banks, hurt by falling interest rates with loan payments, a major source of income. Four congressional
stimulus packages aim to stabilize banking, which they will. Manufacturing. Goods from Caterpillar,
deer, car manufacturers down at least 11% since January. Auto production mostly suspended during the
shutdown, if you have some cash, this is a great time to buy a vehicle. Airlines, devastated,
traveled down more than 90 percent. Most planes flying at 20 percent capacity. A third of millennials
have now lost their jobs. Hardest its states, the same as those with the highest number of
infections. New York, New Jersey, Massachusetts, Illinois, California. The gig industry had
That includes contractors, photographers, caterers, musicians, consultants.
60 million Americans work in the gig market, that's largely cash for services.
So what should you do if your job is at risk?
Well, you have to anticipate the worst, and then you have to get temporary employment if
you're sitting on your butt.
In my town on Long Island, restaurants need people, delivering food, pools need people.
to clean and maintain. Gardners need people to do their jobs. If you are willing to work hard,
you will get paid. And it's temporary. So in the long run, how should you look at your employment?
Well, what do you like to do? That's the key. You want to make a living, you want to make money in
America by doing something you like. And you can get trained on the internet while you're sitting at
home. There are literally thousands of college courses, high school courses, degrees. You can get on the net.
These schools are desperate. They want your money. So you can work on stuff during the lockdown.
Check it out. And then there's the personal attitude adjustment.
Life is hard.
Unexpected things always happen.
That's the pandemic.
What a message this is.
And you can't do anything about it.
But you can always make money in the USA, again, if you're willing to work hard.
I'm Bill O'Reilly and I approve that message by actually writing it.
For more news analysis, please visit.
Bill O'Reilly.com for honest and incisive pandemic.
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bill, please go to RTPR, RTPR.com. Now the O'Reilly Update brings you something you might not know.
The global pandemic has introduced some new terminology into people's lives, flattening the
curve, social distancing, and herd immunity. Medical.
experts say the virus will not be completely defeated until a population reaches, quote,
herd immunity. So what's that? Basically, enough people contract and defeat the disease,
so the bug runs out of new victims. Scientists say about 75% of populations must come into contact
to vanish the virus. The USA has already achieved herd immunity for a number of diseases,
including measles, mumps, polio, and chicken pox.
There are just two ways to reach the 75% threshold.
The disease runs wild through the population,
killing the vulnerable while the healthy survive,
or the more preferred option, vaccination.
Methods like social distancing can slow the spread,
but once the folks leave the house, infections go up.
Sweden pursued herd immunity from the very beginning of the panes,
pandemic, leaving its economy open while isolating the old and the sick. The results in Sweden
have been mixed. The country has 26,000 cases of the virus and 3,300 deaths. Finland, 6,000 cases,
and 250 fatalities. Similar statistics for Norway and Denmark, all those countries locked down,
unlike their Swedish neighbor. Recent testing shows
25% of the Swedish population has now been exposed to the virus. And here's something else you
might not know. The United Kingdom also tried to pursue herd immunity back in March, but bailed
after infections and hospitalizations went off the rails. Great Britain has more than 250,000
cases and 32,000 fatalities. On March 12th, the same day France closed schools and businesses,
Prime Minister Boris Johnson said, quote, I must level with you. Level with the British public.
Many more families are going to lose loved ones before their time. Ultimately, the UK abandoned
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you for listening to the O'Reilly update. I am Bill O'Reilly. No spin, just facts, and always
looking out for you.