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Transcripts For MSNBC MTP Daily 20240711

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

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