WEBVTT - Welcome to the Second Wave

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<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day nine since

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<v Speaker 1>coronavirus was declared a global pandemic. Our main story. Virus

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<v Speaker 1>rates are jumping in U S states that began opening

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<v Speaker 1>up over the last month, and recent Protestant cities around

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<v Speaker 1>the country have experts worried cases will surge in those centers.

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<v Speaker 1>So is a second wave of the virus inevitable? And

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<v Speaker 1>did the first ever end? But first, here's what happened

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<v Speaker 1>in virus news today. In Beijing, there are worries about

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<v Speaker 1>a new outbreak. The city lockdown ten residential compounds in

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<v Speaker 1>the northwestern Hai Dingju district on Monday after finding coronavirus

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<v Speaker 1>cases at a nearby market. The cases are linked to

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<v Speaker 1>the nearby shing Fati wholesale market, which has been the

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<v Speaker 1>epicenter of the new cases. China's Vice Premier Sun chun

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<v Speaker 1>Lan set in a meeting Sunday that the risks are

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<v Speaker 1>high for Beijing's coronavirus resurgence to spread because so many

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<v Speaker 1>people have visited the xing Vati market. The US is

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<v Speaker 1>likely to keep a ban on travel from the United

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<v Speaker 1>Kingdom in place for months. Anthony Fauci, the top US

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<v Speaker 1>infectious disease expert told Britain's Telegraph newspaper to expect travel

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<v Speaker 1>restrictions to last for months and possibly until a vaccine

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<v Speaker 1>is available. Fauci also expressed hope one or more vaccines

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<v Speaker 1>being developed could be ready by the end of or

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<v Speaker 1>one Close to four million UK citizens normally visit the

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<v Speaker 1>US each year. The US, with some exceptions, ban travel

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<v Speaker 1>from China, the UK, and the European Union. In May,

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<v Speaker 1>it added Brazil as cases spiked there. Finally, the US

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<v Speaker 1>is seeing signs of a resurgence in cases in some areas.

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<v Speaker 1>Scott Gottlieb, former US Food and Drug Administration chief, said

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<v Speaker 1>on CBS is Face the Nation that case counts are

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<v Speaker 1>rising and hospitalization rates are high in some states, that,

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<v Speaker 1>along with a high percentage of positive tests, suggests there

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<v Speaker 1>are outbreaks underway. Gottlieb said the rise can be attributed

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<v Speaker 1>to states loosening their stay at home restrictions and starting

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<v Speaker 1>to reopen businesses. States like Texas, Florida, Georgia, North Carolina,

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<v Speaker 1>South Carolina where you see those outbreaks right now, never

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<v Speaker 1>really reduced the number of cases substantially. They had spread.

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<v Speaker 1>It was persistent and now it's flaring up, and those

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<v Speaker 1>resurgences are today's main story. Texas and Florida, two of

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<v Speaker 1>the most populous US stay eights, reported record numbers of

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<v Speaker 1>new COVID nineteen infections on Sunday. The recent surge in

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<v Speaker 1>those states and others has led public health officials to

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<v Speaker 1>worry that reopening the economy has come at too grave

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<v Speaker 1>a cost. Between reopening policies, weariness was staying home and

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<v Speaker 1>large protests around the country, Americans are moving around and

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<v Speaker 1>interacting more than they have in months. That poses a

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<v Speaker 1>real threat to public health. I talked to Bloomberg reporter

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<v Speaker 1>and a court who has been covering what is increasingly

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<v Speaker 1>looking like a second wave of the virus. Over the

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<v Speaker 1>last week or so, we have been hearing a lot

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<v Speaker 1>in the news about a so called second wave of

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<v Speaker 1>this pandemic. Can you tell us a little bit about

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<v Speaker 1>what we mean when we say second wave? The term

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<v Speaker 1>second wave has become very polarizing. What there or not

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<v Speaker 1>it is a second wave? I think who you ask,

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<v Speaker 1>you know, we'll give you very different answers about it.

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<v Speaker 1>Is it technically a second wave? If the first wave

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<v Speaker 1>never really went away? Is the big question everyone's asking

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<v Speaker 1>and it doesn't really matter in my book, and I

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<v Speaker 1>think in most people's books, because the unquestionable trend here

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<v Speaker 1>is that we're seeing in increasing cases and there's some

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<v Speaker 1>concerning trends in terms of hospitalizations as well in some

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<v Speaker 1>parts of the country. Now, of course, the increase in

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<v Speaker 1>cases is not unilateral. Across the board, US cases overall

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<v Speaker 1>have been rising at about you know, I think the

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<v Speaker 1>average over the last week is about one point one

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<v Speaker 1>or one percent. So across the board it looks fairly stable.

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<v Speaker 1>But if you then zero in on certain you know,

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<v Speaker 1>parts of the country, certain states in particular, we've seen

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<v Speaker 1>some increases that you know, public health experts say are concerning.

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<v Speaker 1>So um, the states in particular I think that are

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<v Speaker 1>important to zero in here are places like Florida, Texas, UM,

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<v Speaker 1>you know, Arizona in particular. You know, we e been

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<v Speaker 1>seen in places like California, where you know, California was

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<v Speaker 1>really early to respond to the coronavirus, put a lot

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<v Speaker 1>of restrictions in place, and yet you know, California's cases

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<v Speaker 1>are are also still going up. UM. But you know,

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<v Speaker 1>there are certain states people talk about in particular when

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<v Speaker 1>they say, you know, we are worried. And it's really

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<v Speaker 1>that group of sort of Florida, Texas, Arizona that really

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<v Speaker 1>kind of stands out to people, and is there anything

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<v Speaker 1>that we can point to as to why these states

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<v Speaker 1>are being hit with this surge in new cases versus

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<v Speaker 1>others Understanding what's going on here is more complicated than

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<v Speaker 1>it sounds. I think a lot of people are quick

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<v Speaker 1>to rush to, well, it must be because of this

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<v Speaker 1>or that, right. A lot of people are pointing to reopenings,

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<v Speaker 1>which are definitely a big factor, right. I mean, if

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<v Speaker 1>you're in a place in your local businesses are reopening, um,

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<v Speaker 1>you're moving around more, you're interacting with more people, like

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<v Speaker 1>that's that's obviously a factor here, but it's not unilaterally

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<v Speaker 1>across the board clear that that's why some places are having,

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<v Speaker 1>you know, these spikes and cases. You know, a lot

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<v Speaker 1>of people ask about protests to what's the role of

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<v Speaker 1>protests in all this, and the experts I spoke to

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<v Speaker 1>sort of late last week said, it's a little early.

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<v Speaker 1>We're not totally sure what's going on there, because it

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<v Speaker 1>does take some time for people to develop symptoms after

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<v Speaker 1>being exposed. And then if you think about it, if

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<v Speaker 1>you're starting to feel sick. It maybe it takes you,

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<v Speaker 1>you know, some period of time to seek out a test, right,

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<v Speaker 1>to figure out how to get tested. In terms of hospitalizations,

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<v Speaker 1>that's usually lags even further. Right, So the hospitalization numbers

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<v Speaker 1>you know that we see, you know, usually that infection

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<v Speaker 1>started several weeks earlier, and we only see those hospitalization

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<v Speaker 1>numbers a lot later. And so that's another reason we're

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<v Speaker 1>tracking cases, right, because you know, cases are a thing

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<v Speaker 1>that that are relatively easy to track and stay somewhat

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<v Speaker 1>closer to sort of the curve in terms of of

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<v Speaker 1>what's happening in different states relative to hospitalizations. So it

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<v Speaker 1>does sound like there's no relationship that we can determine

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<v Speaker 1>yet between whether or not a state was early to

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<v Speaker 1>lockdown or was strict in its lockdown measures or in

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<v Speaker 1>terms of its reopening measures. Um. You made the example

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<v Speaker 1>of California versus Arizona, and it sounds like they had

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<v Speaker 1>very different approaches to both how quickly they locked down

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<v Speaker 1>and how quickly they were to open up. I think

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<v Speaker 1>it's it would be even early to be that definitive

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<v Speaker 1>about what's going on here. Um, But something I would

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<v Speaker 1>sort of point to in terms of trying to make

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<v Speaker 1>sense of this trend is you know, one thing we

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<v Speaker 1>know for sure, UM, relative to sort of the stay

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<v Speaker 1>at home period, the lockdown period, is that Americans are

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<v Speaker 1>moving around more, right, They're going to more non essential businesses,

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<v Speaker 1>They're perhaps even interacting socially more, and we know that

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<v Speaker 1>that's a risk factor for spreading the coronavirus. So, and

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<v Speaker 1>the reason we know this is because, UM one really

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<v Speaker 1>great sort of data set that that has been available

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<v Speaker 1>to you know, journalists, researchers, public health expert is cell

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<v Speaker 1>phone data. And so you can tell where people are

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<v Speaker 1>moving around, and there's very clear evidence that people are

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<v Speaker 1>moving around more than they were before. Now there are

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<v Speaker 1>also maybe cultural norms I think playing into this as well.

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<v Speaker 1>If you think about, you know, how people are behaving

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<v Speaker 1>in your area, and I think we all see this

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<v Speaker 1>anecdotally on the street, right Are people wearing masks? Are

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<v Speaker 1>they actually wearing them? Are they on their chin? You know?

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<v Speaker 1>Are people handwashing our people? You know, hanging out outside

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<v Speaker 1>of bars with take out you know drinks, you know,

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<v Speaker 1>are they gathering in groups? Are are there restaurants where

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<v Speaker 1>where people are all sitting inside and not wearing masks?

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<v Speaker 1>So you know, I think a lot of these cultural

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<v Speaker 1>factors may also be playing playing into the spread as well,

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<v Speaker 1>and that's a little bit less clear. You know, it's

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<v Speaker 1>harder to measure, it's harder to get a grip on,

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<v Speaker 1>I think, but it's obviously a part of this whole phenomenon.

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<v Speaker 1>And we've heard public health officials and states saying we

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<v Speaker 1>urge you to wash your hands, to wear masks, so

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<v Speaker 1>socially distance. But you know, how well that's actually playing

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<v Speaker 1>out in different states is hard to know. And I

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<v Speaker 1>was hoping you might be able to go into the

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<v Speaker 1>details of one of these states, in particular, what about Arizona.

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<v Speaker 1>How is that state looking right now? You know, Arizona

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<v Speaker 1>is an interesting one because we have seen this sort

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<v Speaker 1>of trend in terms of the numbers there, and you know,

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<v Speaker 1>I spoke with a doctor there who said, you know,

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<v Speaker 1>I'm really hoping that because it's so hot outside, people

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<v Speaker 1>will just stay inside in their own homes and air conditioners,

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<v Speaker 1>you know, and not you know, be out and about

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<v Speaker 1>and potentially helping contribute to the virus is spread. But

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<v Speaker 1>we also know, you know, there were some very well

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<v Speaker 1>publicized things going on in Arizona around Memorial Day weekend,

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<v Speaker 1>there were you know, bars and restaurants in in Scottsdale

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<v Speaker 1>that were you know, packed with people. You know, obviously, like,

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<v Speaker 1>we don't totally know at this point. I haven't heard

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<v Speaker 1>the public health officials in that state say this is

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<v Speaker 1>what's going on. So um, but I did talk to

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<v Speaker 1>a former public health official in Arizona who is now,

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<v Speaker 1>you know, does public health kind of advocacy work, and

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<v Speaker 1>and he said, you know, part of the problem going

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<v Speaker 1>on the state is that after we lift did the lockdowns,

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<v Speaker 1>things were going pretty well up to that point. But

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<v Speaker 1>when they when they lifted you know, the stay at

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<v Speaker 1>home orders, when they said you can kind of start

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<v Speaker 1>engaging with life as you used to, there weren't really

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<v Speaker 1>restrictions place and there wasn't enforcement. So he said, you know,

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<v Speaker 1>everything was going pretty well until that point, and then

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<v Speaker 1>it was kind of like and I love this quote

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<v Speaker 1>party on bro and so I think, you know, that's

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<v Speaker 1>the perspective of someone who's who's been in that who

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<v Speaker 1>lives in that state, who sees what's going on, you know,

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<v Speaker 1>who says, you know, at Costco people are wearing masks,

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<v Speaker 1>but at other places people are not. And I think,

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<v Speaker 1>you know, that might help put some of this into perspective.

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<v Speaker 1>And you know, again, for those folks that perhaps are

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<v Speaker 1>dismissive of a a second wave theory or that we're

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<v Speaker 1>actually seeing a slow ramp up in cases, it does

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<v Speaker 1>seem that they're pointing to that this is simply the

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<v Speaker 1>result of increased testing in these states, that simply we

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<v Speaker 1>are able to detect more cases, not that there are

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<v Speaker 1>actually more cases. Can you go into, you know, the

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<v Speaker 1>the logic behind that approach. You do hear this point

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<v Speaker 1>of contention raised, which is that you know, US testing

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<v Speaker 1>has for COVID nineteen has undoubtedly expanded dramatically since the

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<v Speaker 1>early days of the virus. And so the question is,

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<v Speaker 1>you know, where they're just similar amounts of cases before

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<v Speaker 1>that we weren't detecting and now we're detecting them, and

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<v Speaker 1>that could definitely be a factor here. It's hard to

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<v Speaker 1>totally know for sure, but we do know that in

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<v Speaker 1>some of these states that I mentioned before, places like

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<v Speaker 1>Texas and Florida, the cases are rising at a higher

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<v Speaker 1>rate than testing is rising. And so it's not a

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<v Speaker 1>perfect measure, but it does sort of help you zero

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<v Speaker 1>in on that argument a little bit. More, and you know,

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<v Speaker 1>we did hear, you know, Florida's governor say this is

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<v Speaker 1>because of increased testing, but you know, people don't really

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<v Speaker 1>agree with him. And I think, you know, the critical

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<v Speaker 1>factor to consider here is even if we are testing

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<v Speaker 1>more and we're catching more cases, the unquestionable reality is

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<v Speaker 1>that there are still cases of COVID nineteen in the US.

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<v Speaker 1>The more people have COVID nineteen, you know, the higher

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<v Speaker 1>the levels are in an area or a state, the

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<v Speaker 1>more people aren't risk of catching it too. And so

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<v Speaker 1>this is definitely a virus that is still around, that

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<v Speaker 1>has not disappeared. The virus is still very much with us.

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<v Speaker 1>And I think that's the question that we all have

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<v Speaker 1>to really be thinking about, is you know, has it

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<v Speaker 1>been tempting to believe that the virus has gone away

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<v Speaker 1>if you don't know anyone who hasn't just because people

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<v Speaker 1>are tired of what's been going on for the last

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<v Speaker 1>several months. It's not something I think anyone is enjoying. Um.

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<v Speaker 1>But the reality is the virus is still very much

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<v Speaker 1>with us, and that's what these numbers should tell us.

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<v Speaker 1>And the other reality is that public health officials have

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<v Speaker 1>to decide how to respond to these numbers. And this

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<v Speaker 1>is going to be a pretty critical time in terms

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<v Speaker 1>of seeing you know, our state's gonna put pausing reopening

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<v Speaker 1>on the table the way that Oregon did. You know,

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<v Speaker 1>we don't know where things are going to go right now,

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<v Speaker 1>but we have heard you know, New York's governor, for instance, saying,

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<v Speaker 1>you know, New York is actually right now in a

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<v Speaker 1>really good place in terms of the virus UM. But

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<v Speaker 1>you know, he said, we're getting complaints about behavior. If

0:13:09.440 --> 0:13:12.320
<v Speaker 1>things are bad, we can roll back restrictions. That's that's

0:13:12.360 --> 0:13:16.120
<v Speaker 1>definitely an option UM. And I think that's something that

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<v Speaker 1>you know, how this pans out, will be playing out

0:13:19.080 --> 0:13:22.280
<v Speaker 1>across the United States, you know, this week and weeks

0:13:22.320 --> 0:13:25.240
<v Speaker 1>to come, and potentially for a long period of time

0:13:25.320 --> 0:13:29.680
<v Speaker 1>until there are better treatments and and vaccines um vaccines

0:13:29.720 --> 0:13:36.559
<v Speaker 1>at all available for for this virus. That was an

0:13:36.559 --> 0:13:39.920
<v Speaker 1>accord And that's our show today and for coverage of

0:13:40.000 --> 0:13:44.120
<v Speaker 1>the outbreak from one bureaus around the world, visit Bloomberg

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<v Speaker 1>dot com slash coronavirus and if you like the show,

0:13:49.040 --> 0:13:51.920
<v Speaker 1>please leave us a review and a rating on Apple

0:13:52.000 --> 0:13:55.559
<v Speaker 1>Podcasts or Spotify. It's the best way to help more

0:13:55.679 --> 0:14:00.400
<v Speaker 1>listeners find our global reporting. The Prognosis Daily edition is

0:14:00.440 --> 0:14:05.599
<v Speaker 1>produced by Topher foreheads Jordan Gospore, Magnus Hendrickson and me

0:14:06.160 --> 0:14:10.440
<v Speaker 1>Laura Carlson. Today's main story was reported by Emma Court.

0:14:11.160 --> 0:14:15.400
<v Speaker 1>Original music by Leo Sedrin. Our editors are Francesco Levi

0:14:15.640 --> 0:14:20.240
<v Speaker 1>and Rick Shine. Francesco Levi is Bloomberg's head of podcasts.

0:14:21.040 --> 0:14:21.880
<v Speaker 1>Thanks for listening.