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Tags: Coronavirus | Trump Administration | diller | coronavirus | economy | rebound

Barry Diller: Trump Admin 'Isn't' Providing Roadmap Businesses Need

Barry Diller: Trump Admin 'Isn't' Providing Roadmap Businesses Need
Barry Diller speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. (Photo by Slaven Vlasic/Getty Images for Lincoln Center)

By    |   Sunday, 26 April 2020 12:30 PM

Television Hall of Famer Barry Diller said Sunday there’s “no chance” of an economic rebound this fall.

In an interview on CBS News’ “Face The Nation,” the IAC/InterActiveCorp and Expedia Group head gave a grim assessment of a quick comeback from the devastating impact of the coronavirus economic shutdown.

Saying there’s “no chance” of a rebound this fall, and predicting “widespread bankruptcies,” Diller added: “To anyone who thinks this economy is going to bounce you have to have the idea of a rubber ball that is not in existence.”

According to Diller, what the private sector needs at this point is more federal guidance on reopening.

The Trump administration isn’t providing that roadmap, he maintained.

“Unfortunately we have a witch doctor as a president,” he said of President Donald Trump.

Diller also dismissed any chance for social distancing on a plane — an idea discussed for getting the devastated airline industry back in the air.

“The idea that you can take the middle seat out of an airplane and have any kind of ‘social distancing’ is absurd,” Diller said.

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StreetTalk
Television Hall of Famer Barry Diller said Sunday there's "no chance" of an economic rebound this fall.In an interview on CBS News' "Face The Nation," the IAC/InterActiveCorp and Expedia Group head gave a grim assessment of a quick comeback from the devastating impact of...
diller, coronavirus, economy, rebound
179
2020-30-26
Sunday, 26 April 2020 12:30 PM
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