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
Im very excited to tell my daughter all about it. For those of you who have not followed, through the artimus, the American Government will send astronauts to the service of the moon, another man and woman to the moon, which is very exciting. Conduct new science, prepare for future trips to mars. Today only 12 humans have walked on the moon. That was half a century ago. The artimus provides the opportunity to add numbers to that, of course. Lunar exploration has brought the most recently detailed in fy21 omnibus spending bill, and certainly we support this effort and endeavor. Why dont we go to you first, darlene. Reporter thank you. Can you update us on the president s thinking on forgiving Student Loan Debt . There are groups who are pushing for the president to forgive all Student Loan Debt. Where does he stand on all that . Sure. The president has and continues to support cancelling 10,000 of federal Student Loan Debt per person as a response to the covid crisis. Hes calling on con
I dug into and im excited to tell my daughter about it. For those who have not been following as closely, through the Artemis Program, the United States government will work with industry and International Partners to send astronauts to the surface of the moon, another man and another woman to the moon, which is exciting, conduct new and exciting science, and demonstrate americas values. To date only 12 humans have walked on the moon. That was half a century ago. The Artemis Program provides exactly the opportunity to add numbers to that, of course. Lunar exploration has broad and bicameral support in congress, most recently detailed in the fy201 Omnibus Spending Bill and we support this effort. Can you update us on the president s thinking on the issue of forgiving Student Loan Debt . There are some groups that are pushing anew for the president to forgive all Student Loan Debt. Where does he stand on that . Sure. The president has and continues to support canceling 10,000 of federal
getting started. dana: let s get to alexis mcadams live at newark airport in new jersey. how is it going? not so bad right now. a lot better than it has been since saturday and sunday where some of the people i ve been talking to have been sleeping at the floor at airports across the east coast trying to get home. we checked with airlines to see how they are doing. things aren t back to 100% and entering the busy time for the july 4th holiday weekend. as we mentioned people have not had anywhere to go except sleep on the floor. six hours, not even a bottle of water. frustrating. the line doesn t move. i know they don t have nothing to offer for us. that s kind of pretty hopeless. this is the scene at airports across the country as more than 28,000 flights and counting have been delayed and 7200 canceled since sunday. not a lot of good news. to say people are fed up is an understatement. hundreds of passengers left waiting on the tarmac for hours thinking they will l