Thread by @FaceTheNation

UNEMPLOYMENT FIGURES: @neelkashkari tells @margbrennan real figures of unemployment rate are around 24 or 25% today, says current figures from @BLS_gov are "understating the true damage" #covid19 has had. @EconomicClubMN #ECOMWebinar

minneapolisfed.org/live

COVID SPREAD: @CIDRAP'S @mtosterholm tells @margbrennan "5-20%" of Americans have been impacted by #coronavirus, with higher figures in the New York area

minneapolisfed.org/live

Can we reopen the economy without reopening schools

@neelkashkari says it's "up to us to figure out when...we have confidence the medical infrastructure has its arm around the virus." Adds, "it's hard to for me to see going back to normal...economic recovery will be more slow"

A fall return safe for schools?

"In public health we virtually never use the word safe, safe is a relative term," says @mtosterholm.

"In this case we don't have much of the information we still need to have to define the risk for everyone." minneapolisfed.org/live

.@neelkashkari tells @margbrennan more "standardization" would be helpful in guiding the country's re-opening efforts.

"This is like we're in an economic war or a health war, in war you don't have the luxury of having the data in hand..." minneapolisfed.org/live

NEWS: @MinneapolisFed's @neelkashkari calls for direct financial assistance - checks - for low income Americans during #COVID19 pandemic in conversation with @margbrennan

"Money in the pockets of people who have lost their jobs is what they need right now."

#ECOMWebinar

.@neelkashkari says Congress has "a little bit of time" before more relief is needed as the current unemployment system is successful in "getting money out to people who lost their jobs." #ECOMWebinar

NEWS: @MinneapolisFed' @neelkashkari says a "v-shaped recovery is off the table" for the U.S. economy, citing recent record increases in joblessness nationwide.

"That's what makes this a much harder, longer recovery...the virus is setting the pace." minneapolisfed.org/live

How does society return to normal?

"This is a very critical question, the underlying premise is, we are not driving this tiger, we are riding it," says Dr. Michael Osterholm of @CIDRAP

.@neelkashkari notes as #education disparities existed pre-#COVID19, the pandemic has only exasperated the issue.

Kashkari says he anticipates the "delivery model of education, both k-12 and higher ed, is probably going to change" with an embracing of tech.