Ro Khanna breaks down COVID-19 response failures with John Iadarola on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/
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Read more here: https://khanna.house.gov/media/in-the-news/valley-has-stepped-ro-khanna-layoffs-bailouts-trump-and-crisis-innovation
"For years, California Rep. Ro Khanna has been trying to warn the country and the people who run it that America needs a stronger safety net. Even as the tech industry in his Silicon Valley district flourished and the broader economy soared, the former Stanford economics professor has argued that the average worker in America was standing on shaky ground.
He never wanted to be proven right this way.
As the coronavirus pandemic chokes off the global economy, millions of Americans have lost their livelihoods in a matter of days. Even the high-flying tech sector that comprises so much of Khanna’s constituency is being hit. The $2 trillion stimulus package that President Trump signed on Friday includes line items Khanna could have only dreamed up a few months ago: unemployment benefits for gig workers and $1,200 checks for most adults making less than $75,000, among them. Still, Khanna says workers and the companies that employ them will need more support to weather the next few months.
Protocol spoke with Khanna this week about how the tech industry is being affected by the crisis — and how it’s stepping up to help.
We’ve already seen a lot of layoffs at tech startups in and around your backyard in Silicon Valley. What can you tell founders and the workers of these smaller companies about how this stimulus package will affect them?"
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