r, withoutrome this, how do you model what second corder gdp for the u.s. looks like? are in totally unfamiliar territory here. one message about that is there's positive things we could do. on the negative side, it is reduction in 30% gdp, 50% reduction in gdp. but if we are telling 50% to 70% of the workforce you have to stay home, that's the kind of numbers we are going to be facing. i really romer, appreciate your perspective, and i appreciate you coming on air to talk to us about it. that is paul romer, professor of economics at nyu. for more, we are joined by former minneapolis fed president narayana kocherlakota. james bullard said you could see a contraction of 30% in gdp and the second quarter. what do you think we could see if we keep going like this in the u.s.? said, andas paul just i have known paul for years, i think we are in unfamiliar territory. 50% arelike 30% or completely in the ballpark. it is important to remember that in the united states, we report our numbers on an annualized basis. these are still horrific falls, but a 30% fall reported in gdp