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Watch quote washington journal 7 00 eastern tuesday morning. Join the discussion with your phone calls, facebook comments, Text Messages and tweets. Continues. Host we are joined next by former federal Emergency ManagementAgency Administrator craig fugate. Thank you for being with us on washington journal this morning. Guest thanks for having me. Host a number of items on our plate including the covid19 response. First, to the response to hurricane laura. The hurricane coming effectively the same week marking 15 years since hurricane katrina. What lessons do think fema and the federal government learned in terms of response to hurricanes in particular . Guest i think the biggest lesson was that we dont wait until we are asked to start getting ready. To be ana, there seem lot of confusion about the governor ha ....
A negative picture for the u. K. And labor economics does not necessarily tally with whats happening. We are getting some details on whats happening in the u. S. Housing market. We are dealing with that. This is a month on month number. Last month it bounced back strongly. This month the market was a 16. 6 number and we are ahead of expectation. Yearoveryear, we have seen this out of the come back. The last time it was at 10. 4 and we were expecting 2. 2 on that number. Expecting 12. 7. This is more positive. Alix but can we sustain it if we dont get sustained stimulus . Coming up, kevin johnson, the starbucks ceo will be joining us. And patrick will be talking about the tech hearings and what he has to say area to say. Peter is joining us now, nothing is expected today, but what can say to reassure markets that they are all in . Ritika not expecting a whole lot, peter not affecting a whole lot, but i think that the press conference will be important, certainly powell will have to addr ....
Been explored, and an investment like that or support like that would come with specific strings attached. And that would protect the taxpayer. Francine i know you have to go, but a final question of public debt. It is a huge deal now, bigger than the economy. How long can you live with that situation . When can you start paying down some of the debt . Rishi so we have absolutely this year to help us facilitate response for the crisis. Was the believe that right thing to do, and some organizations would agree with that assessment, that the situation longterm would be far tose if we had not moved now limit the longterm scarring on the economy, and it is the longterm scarring that causes structural deficit in the future, which we should be most worried about. Toemain very committed strong and Sustainable Public financing over the mediumterm. Right now the priority should be to reopen the economy safely, to drive the recovery. Bu ....