Now theres just got to be a will to seek those out. True on school funding, true on state and local aid. Everyones getting tied around in knots what the number is. Get the policy right and whatever that number produces, thats where we should land. Look, i mean, christine, certainly there could be an incorporation of republican ideas, and there are a lot of people arguing for that. But what is unclear, if the votes, if the republican vote it might actually be more than unclear if the republican votes would actually follow those compromises . Also, theres even moderate democrats who might be concerned about sliding in a 15 hour minimum wage and you saw maneuvering last night suggesting they could put the 15 minimum an hour wage to the side not address it now. Could be confrontational. Could be a place of bipartisan agreement right now during the middle of the crisis. Even though progressives, of course, want a 15 minimum wage. Might see small maneuvering starting to satisfy people and mo
this is new day and it will be an historic day in the u.s. congress. you re looking at live pictures of the u.s. capitol where later this morning, we do expect final passage of the $1.9 trillion relief package. this is a monumental piece of legislation that will have a huge impact. a new round of direct payments, the largest ever to americans, but it does much much more than that. child tax credits, more money for schools and health care on and on. the president will sign it ahead of his first prime-time address to the nation tomorrow night. and then he ll hit the road to sell the plan, which may not be that hard. we have a brand-new cnn poll which shows strong bipartisan support for the bill and especially what s inside it. the president s prime-time address will mark one year since the official start of the pandemic. today, nearly one in ten americans have been fully vaccinated, but there s still a along way to go for herd immunity. and public health officials say peopl
420,000 jobs, we get a buck 99. having said all that, we re coming out of a ridiculous, unprecedented crisis in modern economic history where we ve derailed the entire economy overnight, in a matter of a few days in march of 2020. coming out of that won t be the same as coming out of a garden variety recession or even a great recession like we saw in 08 and 09. part of the reason we re seeing people leave their jobs is they re taking other jobs that are better paying jobs. so it should be applauded, not that people are quitting or leaving the workforce but that they re finding work that gives them benefits, work that pays them more, work that works for their life more. is that true? no doubt that workers have seen more leverage right now than we ve seen in a long time. i think the number of jobs created last year was a record going back to 1940, about 6.5 million jobs, again, coming out of the crater of 2020.
top officials, political officials, grasping at straws. what can work, the president has new spending plan, maybe that will do it. maybe a tax crit, maybe that will do it. none seems to be working, mort, and i m wondering from your perspective what will? well, first, this is not your ordinary garden variety recession that we re in. this is a recession that was not provoked by an excessive inventory and excessive plant and equipment and somehow or other accumulated in the business system. his is a decline in the economy, a recession provoked by a financial crisis and all the studies, recessions that were provoked by a financial crisis indicates that they re longer and deeper thanrd theie garden variety recession, what s more in my judgment all right, how much longer and how much deeper then? nobody knows that, it s an unprecedented situation for americather and ore, unpredictable. you remember the queen once addressed this about 18 months ago, a group of economists