I think it was an effective measure. The idea now is we have to hit back hard. We have to hit back strong if were going to finally put this dual crisis of the pandemic and economic payment engendered behind us. With respect to larrys point, one thing is just wrong which is our team is dismissive of inflationary risks. We have constantly argued the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to put this virus behind us. I want to quote Jerome Powell who strongly reiterated this view the other day. I think it was a week or so ago that inflationary risks are also asymmetric. He said, im much more worry about falling short of a complete recovery and losing peoples careers and lives they built because they dont get back to work in time. Im more concerned about the damage that will do, not just to their lives but to the United States economy, to the productive capacity of the economy. Im more concerned abou
that they applaud this ka categorical rejection by the judge in this case and they plan to move forward with this $85 billion deal. they said they plan to close this merger by june 20th. of course, all of this time the clock has been ticking. there is a june 21st merger deadline at which at which point either of these companies could walk away from this deal. that is why that decision came down today from judge leon. we will see, wolf, what the government does here and what has been a point by point by point takedown of the entire case. wolf. jessica schneider, thank you very much. good reporting. let s bring in brian stelter and cnn chief legal analyst and jeffrey toobin and you were in the courtroom during that half hour presentation and i take it was dramatic. what is your takeaway. it was an extraordinary scene and district court opinions are handed out and no such ceremony. here the judge locked the courtroom, said no one could
he s kind of waiting to get his memoir published. he wants to have the decorum of not attacking a sitting president. but he s being goaded into action by donald trump constantly invoking him in erroneous ways. usually obama s team goes back at trump but today you saw barack obama in full campaign swing mode in new jersey and virginia. doing it himself. so david, president bush s remarks seemed like a point by-point takedown of president trump. let s listen. the american dream of upward mobility seems out of reach for some who feel left behind. in a changing economy, discontent deepened and sharpened partisan conflicts. bigotly seems emboldened. our politics seems more vulnerable to conspiracy theories. and outright fabrication. so president bush had to have known, david gergen, what an impact his words would have. what do you think his
communities. instead of looking for ways to work together and get things done in a practical way, we ve got folks who are deliberately trying to make folks angry. to demonize people who have different ideas. to get the base all riled up because it provides a short-term tactical advantage. he wasn t the only member of the president s club to speak out today. former president george w. bush offered point by point takedown in morning. we ve seen our discourse degraded by casual cruelty. at times it seems as forces pulling us apart are stronger than those binding us together. disagreement et escalates into
face which might in part be because you re a newlywed, congratulations. thank you. secondly, your former boss going after donald trump which he seems to relish. he wants hillary clinton to win. dan, you get the sense there s something going on that s more than that. it s almost like it s personal for the president. i don t think it s personal. i think he has taken this approach because donald trump s a joke. he s a offensive joke,unfunny j, but he s a joke. and taking him too seriously gives him more credit than he deserves. dan. also, he was on jimmy kimmel and seems like not the place to offer a detailed policy point by point takedown of donald trump. but, i mean, 40-plus percent of the country does not think donald trump is a joke. it s like 38, but yes. depending on where you are, yes. is it personal, though, for him, for president obama, because he s going further than