midterm elections. in a hail mary, biden administration appears to be banking on the youth vote, i m john roberts in washington. you are all warmed up. sandra: and a lot more to dig into there, great to be with you. sandra smith in new york. this is america reports. biden administration is now just moments away from announcing that it is cancelling $5.8 billion in loans for borrowers who attended a for profit college. now middle class americans are left picking up the tab as experts warn a recession is just around the corner. it s the largest student loan cancellation in u.s. history as 560,000 borrowers are now off the hook. john: but could that just be a sweetener? the move comes a day after biden admitted gas and food prices are not going to come down soon. gas prices a new record high, up more than $0.50 in the past month. and new disappointing private sector job data out shows businesses are struggling to hire workers. sandra: it is a big problem and worse. south
this fall through distance learning. now we have a tendency as humans and as americans to live such fast pacedast lives to want to move on too fast from crisis. pp what doro i mean by that? isn t the resilient approach of carrying on a good thing, laura a trait to be encouraged rather than crying over spilled milk? when we re talking thoughh a abt something as profoundly damaging as the government s pandemic lock down mandates, the answer is yes and no.n no, we shouldn t wallow all the lingering miseries that we can t change. but yes, we need n accountabiliy to ensure that this never, everh happens againap and that means holding accountable anyone in any organizationer that recklessly pushed policies that were never grounded in sciencee and certainly not permissible under our constitutionno. now almost immediately when the lockdown s began on a federal level and then trickling to the states, the angle was a relentless force for protectingvu the vulnerable and also for reopeni
this fall through distance learning. now we have a tendency as humans and as americans to live such fast pacedast lives to want to move on too fast from crisis. pp what doro i mean by that? isn t the resilient approach of carrying on a good thing, laura a trait to be encouraged rather than crying over spilled milk? when we re talking thoughh a abt something as profoundly damaging as the government s pandemic lock down mandates, the answer is yes and no.n no, we shouldn t wallow all the lingering miseries that we can t change. but yes, we need n accountabiliy to ensure that this never, everh happens againap and that means holding accountable anyone in any organizationer that recklessly pushed policies that were never grounded in sciencee and certainly not permissible under our constitutionno. now almost immediately when the lockdown s began on a federal level and then trickling to the states, the angle was a relentless force for protectingvu the vulnerable and also for reopening the gov
some extent that s also not that much of a surprise when you think back to 2020 at the start of the pandemic lock and you remember that the uk experience one of the shop or economic contractions. it also makes sense that the bounce back would also be slightly faster. the imf also be slightly faster. the imf also downgraded its global growth forecast, global growth is expected to be at four point for present. that s been driving the net driven by large forecast for economic growth and also china s economic growth. don t forget, the us and china of course the worlds too biggest economies was of any slowdown we see there will clearly have a knock on impact on global growth. we have a knock on impact on global urowth. ~ ., , have a knock on impact on global urowth. ~ . , ., ., growth. we are seeing covid having an im act. growth. we are seeing covid having an impact- what growth. we are seeing covid having an impact. what else growth. we are seeing covid having an impact. what else are