Charge of the recovery act, and it was hard as hell to get the votes to begin with, and then it was hard as hell to get the numbers we got. One thing we learned is we cant do too much here. We can do too little an and sputter. The speech youll hear follows the jobs report this morning. Yes, the Employment Rate is down, but only 40 million jobs was added to the American Economy. That makes it clear that the impacted American Economy is still very much in trouble. The Senate Meeting ended early this morning with the Senate Passing a budget resolution. This morning the house will take up that resolution and it will clear the runway for democrats most likely to go it alone with a covid relief bill that is very much on top of the wish list. Theyre meeting with the president this morning at the white house, and the Committee Chairs said they will start Writing Details of the budget plan next week. With us to share their reporting and insights, phil mattingly, Christine Romans and sun moon ki
But i think that the idea now is that 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 the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that 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 finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
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
Actually lead to increased mortality. And the jury is still out how these vaccines are going to work against these variants. Reporter this is new day, with Alisyn Camerota and john berman. Welcome to our viewers in the United States and all around the world. This is new day. Its thursday, february 4 tth, 6 00 here in new york. A moment of revelation for the Republican Party overnight. Days ago, it was mitt romney who said, our big tent is not large enough to accommodate conservatives and kooks. Days ago, it was Mitch Mcconnell who said, loony lies and Conspiracy Theories are a cancer for the Republican Party. But last night, it was Kevin Mccarthy, the House Republican leader who said, essentially, hold my beer. No action against Marjorie Taylor greene, the qanonsupporting House Republican who endorsed the execution of democratic leaders, harassed School Shooting victims, called Mass Shootings a hoax, reportedly trafficked in antisemitic propaganda about jewish space lasers. No action.
There is no substitute for what happens in the classroom in those moments of looking over a kids shoulder, seeing what they are working on, being able to correct them. John Martha Maccallum away and in a moment. But the latest on San Francisco schools, hi, claudia. Hi, john. City officials have run out of patience saying the Board Of Education and the School District have failed to lay out a conference of plan to get kids back into classrooms as soon as possible. Thats a violation of state laws of the city is taking its own district to court. Its been nearly 11 months since students here in San Francisco, along with millions of others across the nation started learning remotely. While many other districts and even San Franciscos private schools have resumed in person classes, Public Schools here remain closed. Even though the citys own Health Department says they could reopen safely with proper precautions. The City Attorney says District Leadership needs to get its act together. Unfor