welcome back to the kaiser report imax keyser time now to turn to steve keen he's the author of the bunking economics he's got an amazing patriotic page at profess or profit steve kean where you can basically become a student for much cheaper than going to any university away on the universities are no good steve welcome back good to him actually i like the resume that i do like to share now let's talk coronavirus he recently wrote that we need to start thinking exponentially in order to can tain the coronavirus elaborate on this what does thinking exponentially look like steve well it's it's actually a great old analogy max that there's 2 of them want to do is imagine you go. willy growing on a pond and it dials and saws every day and it gets to be coming out are sent on it will kill off off if you get to the stage that it's 50 percent of the on how much longer if you've got one mode so if you do a lie it you know it's not big enough it will end with it without a loss for that is it will increase fire a factor of 6 staying and you'll be oh well and i want everybody on knows that the king w

something that he's been pushing as treasury secretary steve has been to shuttle diplomacy between the white house and capitol hill trying to get this done the president though very keen to get this done for another reason it will flood the economy so he says with cash and that he's very hopeful that he can have this happen because as cording to the president just now you can destroy a country this way closing it down referring to the americans that are being forced to stay home work from home we don't turn the country off in fact despite the fact that public health officials have his suggested that this could get worse before it gets better in terms of chronic virus infections because the president has also intimated he would like to see some of the healthier workers perhaps go back to work at the end of this 15 day period we're in the middle of right now in terms of social distancing and keeping people at home so that the controversy over going to . when you watch this town hall to see what else the u.s. president has to say in the midst of all this one of their tidbit of news the vice president saying that ventilators badly needed in the state of new york now the e

steve mnuchin spent the morning trying to play mediator on the hill, but based on the tensions, the stalemate still remains. president trump clearly watching these events unfold with a keen eye on the markets and he suggested he may reassess the social distancing measures that have closed american business. he tweeted this. we cannot let the cure be worse than the problem itself. at the end of the day, 15 is days, remember, it's a 15-day period will make the decision as to which way we want to go. the president obviously follows twitter. that is basically what goldman sachs ceo says and he said to the president, shutting down america long-term will be worse than the health consequences. that is what he suddenly is talking about. while new york democratic governor andrew cuomo spoke about this delicate balance between public and economic health. he talked about it earlier today. >> cuff a public, a more refined public health strategy that is lgs more productive or less destructive to the economy? could there be a more intelligent public health strategy that is more productive or less destructive for the economy? >> joining me now from capitol hill, msnbc correspondent garrett haik. garrett, what e

keen dean he means it. ainsley: i know. american feeling. thank you so much, done. steve before the top of the hour. jillian joins us with news. jillian: good morning to you. following a number of stories. let's begin with this. the mother of one of the intern terrorists admits to destroying evidence. she will plead guilty today sledding a map believed to planning attacks. christmas party in 2015. both killed in shootout with police. the mother believed the map was connected to the shooting. she could face 20 years in prison former illinois governor rod blagojevich could soon be disbarred. his law license should be revoked. weeks after president trump commuted his 14-year prison sentence. blagojevich's license has been suspended since 2011 when he was convicted for trying to sell barack obama's senate seat. he now has 21 days to appeal or he will be disbarred. blagojevich has said he is not interested in practicing law again. so, stay tuned for that a patriotic act caught on a veteran's home surveillance camera. watch as a propane delivery man trudges through snow to fix

the treasury secretary steve mnuchin did address the possibility the stock market closing to sort of breathe a little. he was not keen on it. take a look. >> we absolutely believe in keeping the markets open. okay? americans need to know they have access to their money. after september 11th the only reason why the markets were closed was because the technology was disrupted. i have been on the phone with the major banks, with the new york stock exchange. everybody wants to keep it open. neil: to the american institute for economic research president edward stringham, walter asset management ceo rebecca walser and charlie gasparino joins us on the phone. edward, to you first on what you think the message is the administration is sending. we had reason to close the markets after 9/11. they couldn't open. they were so damaged and there was flooding at the time, i remember so they couldn't open. when they did, days later, the notion was some days would pass and people would be calmer. so does the treasury secretary have a point, you want to send a signal you're not going to just quit, walk away from the markets? >> certa