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CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:05:00

are looking for workers. yeah, they certainly are. christine, thank you so much for explaining that. joining me now is the former chairman of the president s council of economic advisers, president trump s council of economic advisers kevin hassett with us, a new book out called the drift: stopping american s slide to socialism. first off, what is driving this labor shortage from where you see it? i thought that report was very well done. in the beginning, i think there were a lot of people saying maybe because of expanded unemployment benefits but it is a much more complicated story than that. i think really what happened a lot is people stayed home and found they could somehow manage that and i think it is right that with record high equity and house prices that people have decided, especially older people that are close to retirement, why should i go back into the workforce right now when i learned how comfortable it is. maybe they learned that time with their family is wort

CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:02:00

phil murphy s margin is five points, won it by five points. but president biden won it by 16 points. even the more democratic counties pretty big swings there. so, yes, a win is a win for phil murphy. he will be governor for four more years. but you can see how there have been big changes in one year, brianna. yeah, very dramatic. berman, thank you for that. so one of the top issues for voters was the economy. and one of the central questions is where have all the workers gone? employers across the country are scrambling to find people to fill open jobs. cnn chief business correspondent christine romans is with us now. i talk sometimes to business owners, and i noticed, like, their hours are shorter. and you ask them why and it is because they can t find workers. that s absolutely right. they had to get really creative and pulling their hair out. you heard it called the great resignation. we know that americans are they re quitting their jobs in record numbers, millions since

CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:31:00

him to be fdr. they elected him to be norville and stop the chaos. what do you think about that? i think he can do that. i really do. i believe in president biden. i still do. he s a good person. he s here for the right reason. he really is and in government for the right reason. we have to work together. we can t go too far left. this is not a center left or a left country. we are a center if anything, center right country, that s being shown. and we ought to be able to recognize that. and all my friends on the left are progressives, liberals, whatever, i said i m not, i always say that i m a responsible west virginia democrat. and i m fiscally responsible and socially compassionate. i think most people in the middle feel that way. but i also empathize with the people on the far left and the far right. that s aspirational. come together, realize what can and can t be done. don t force basically something that is not going to happen to make it make people believe it will. let s loo

CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:08:00

went up as white house people to the hill and we talked to democrats and we said, you know, this covid thing is developing quickly, we re not sure how long we re going to have to be shut down, what the negative economic is going to be. we passed five stimulus bills a little bit at a time that were right sized for the amount of time that we needed to buy. i think i probably was on your show saying we re building a bridge to the other side. i was out in front of the white house. i think the mistake president biden s team made is they came in, remember all those things president trump passed with unanimous consent on capitol hill, so despite the fact that everybody had bad feelings, impeachments coming and things, they had 98 votes in the senate for stimulus bills. biden comes in and instead of following that playbook, just passes this really massive stimulus that they designed at a time when there are 250,000 covid cases a day, and before the delta variant, that dropped down to 50,000 by

CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:26:15

CNN New Day With John Berman and Brianna Keilar November 4, 2021 12:26:15
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