Transcripts For FBC After The Bell 20240713 : vimarsana.com

FBC After The Bell July 13, 2024

Believe the job that we have done. They cannot even believe it. I give tremendous credit to the military, theres been a military operation with private people, wait a minute. I give tremendous credit to our military, the army corps of engineers, fema, these people, the job that they have done is incredible. And you should not be asking that kind of a question. Jim honestly i really dont believe youre that bad. You should not be asking that kind of a question. You should say, you know what, it is been really incredible what has been happening. Jim, nobody is asking, what governor, let me ask you this. What governor, we have more test than anybody in the world we have virtually every country in the world calling us, asking us, how do we get these tests that you have, your testing is the best in the world, how do we get it, theyve done a fantastic job and when you ask a question like that its very insulting to a lot of great people. One more. You may have seen how sweden has responded to the pandemic, the schools are open, bars and restaurants are open. Suite it is different. Regret not following that approach. If we did follow that approach i think we might have 2 Million People dead. And sweden is having a lot of difficulty. Im very friendly with the leadership in sweden, they took a different approach. They are very disciplined country to start off with but they took a different and other places trident, the u tried it. And you saw what happened in the uk, is set them back a lot. A lot of time, their having a tough time, other countries have tried it and sweden is suffering greatly, sweden is suffering greatly and if we went with the herd as they say, we would have potentially, nobody knows fortunately because we are going to be substantially less than the minimum unless something happens that would be tragic. We had a minimum number if we did, one of the reasons we are so far below the number because nobody thought the American People could be so disciplined. Nobody thought it was possible. And i guess when they watched us appear everyday and they listen to the representatives and governors, nobody thought that the American People can be so disciplined. They have been unbelievable. And because of that, youve a minimum number of 100,000 and then you have 2. 2 number that if it did nothing, if we kept working and everybody kept dropping dead on the subway, no, if we wouldve lost a Million People, take the 2. 2 million and cut in half, cut in more than half, making 1 Million People. Now take that number and cut in half, making 500,000 people, thats what we did nothing. Its unacceptable. Thats too many people. We spent more money on stimulus. Who cares by comparison you take to point to any cut in half and cut in half and if you keep cutting in half, i dont care what number you choose. 500,000, 400,000, we are going to have 50, 60, 65 maybe but what we have entered wouldve done what one country tried and its been very tough for them. Very, very nasty, very tough. But if we wouldve done that here and you have to remember the uk trident. I was a little surprised and they were going about two weeks and they said we have to stop because it was going to have a whole country infected. So when all that being said we have to get back to work, we have to get her country open, we couldve lost a Million People, we couldve lost 1 Million People, we couldve lost a half a Million People. If we wouldve lost 500,000 people, ill say this also, from the same point being president and Vice President , we are doing the herd and we will bullet through it, do you honestly think people like tim and yourself and other people, jeff, wouldve put up with it as people are dying all over the place, they wouldve said this man is crazy. Because the numbers at a minimum wouldve been many, many times greater than the numbers we are talking about. So im very honored by our decision, all of us, we talk about all the time. I said do you want to let them you just write it right through. We would a loss potentially millions of people. It wouldve been unsustainable, it wouldve been impossible to do. In the American People have been so disciplined, it is been my honor to be the president. Ive said it before, ill say it again, its been my great honor to have been the president and i have a big decision coming up and i only hope to god that its a right decision. It will be based on the input from a very long untalented and smart people and people that love our country. Thank you all very much. Thank you. President trump wrapping up a lengthy reaping from the white house went on for over two hours with his Coronavirus Task force members on hand, a number of other issues discussed the task force talked about the fact that they are finally starting to see encouraging data on the medical side coming out of metropolitan areas, new york included around the united states, the president talked in length to reopen the economy, he said he will listen to the Health Experts if they tell them that it may first date does not work out there and is open to shutting the country down if the coronavirus cases were to spike in the united states. With that, good to see lauren, im connell mcshane. Hi connell, i am lawrence and amenity and from melissa rinses, this is after the bell. Like berman with the latest from the white house and Edward Lawrence in washington, lets start with blake. Good to see you. Good to see you both as we heard the president talk for more than two hours, one of the themes throughout the president s press conference that there will be no bigger but decision that he will have to make in the decision at the end of the month whether or not to reopen the economy, essentially reopen the country or not. The ending by saying i only hope to god it is the right decision. We have heard from the president over the last week or so, his inclination that he wants to see this economy up and running again, it could happen sooner or rather than later. The present was asked if the Health Experts tell you otherwise. This was his response. I will certainly listen. To take that advice. I understand the other side of the argument very well because i look at both sides of an argument. I will listen to them very carefully. Connell the president was asked if he would vouch for shutting down the country again should there be another outbreak that occurs after the reopening, the president seemed open to that possibility. Depending on outbreak, yeah. Its happened is you know in a couple of countries, you know what im doing, im watching other countries in many cases they are ahead of us from the standpoint that it hit them first. And im watching whats happening with respect to certain other countries. There has been discussion as to whether or not he would have an Economic Task force to help them along and make that decision, parallel task force to the health group we have seen on the president side over the last handful of weeks. Instead the president said he will have what he is calling in opening our country counsel and thinking he will make that official announcement who is sitting on the council on tuesday, he says not only would be members of the Business Community but doctors on that counsel along with governors and mayors as well to given input to help them out with what he says will be the biggest decision he will ever have to make. Back to you. Lauren if its bipartisan the president said i did not even think to ask that. Like berman, thank you, have a good easter and we can. Its good Edward Lawrence with the latest details on the Small Business loans and the backbone of our country is getting the help that we need. Senator Chuck Schumer saying he could see a deal to add 250 billion to the Payroll Protection Program by early next week, Small Businesses needing a little frustrated with the big banks, theyve accepted applications but not yet processed through them, seven days into the program, the Community Banks have been leading the way, take a look at the numbers, 160 billion has processed through and were talking about 630,000 Small Businesses getting these loans. The businesses employed 15. 3 Million People who were to possibly lost their jobs without the program, that is 10 of the u. S. Workforce getting paid by these possibly forgivable loans. The president saying theres added with other stimulus will work. The money is getting now, the applications are far beyond what we ever anticipated. And thats why we are going this is one that goes essentially to the workers. We want the businesses to hold onto their workers. The president of the cleveland Federal Reserve said today that we need to bridge, we need an economic bridge like the Payroll Protection Program to make sure the economic rebound will be robust, she said the economic fundamental is going into this were solid and the foundation is still there when the economy opens up. She says the need to expand fiscal and Monetary Policy help, on that front the senior treasury official telling me monday or tuesday the first direct deposit checks will go directly into eligible Americans Bank accounts, the first checks being made to that direct stimulus, the actual paper checks will be the week of apri. Back to you. Lauren thank you very much. Connell lets go to steve forbes for some analysis of all of us, forbes media chairman, i guess we learned for one thing that the president is certainly not taking advice from the wall street Journal Editorial Board or anyone else for that matter in the link the briefings, we decided to our reaping from the white house, one thing that blake brought this up, he is talked about announcing the council if the open of the country counsel on tuesday and business leaders, medical leaders to come up with a plan for how we reopen. What are your thoughts, have you been approached personally by the white house to take part . No, but i have not been shy about giving my thoughts on how we get this economy reunited and get out of this terrible contraption that were in and one of the things that i hope they will consider is suspending the idea that has been around for one year, the payroll tax which is 15 of workers salary so youre making 46000 a year, suspended for a year, thats 3000 for workers and that increases takehome pay immediately taxfree, it reduces the cost of labor for businesses which can be very important getting people back to work from these horrific numbers you are seeing now in increasing on appointment. Connell i think the president supports that personally from the last few days. He needs to get that done. Connell maybe they will next week when they Start Talking about it. In terms of timing, they may first date has been thrown around as maybe we start to get going, how do you think it should be structured, it seems to be your mindset for risk would come into play, whether you think the risk is opening up too soon or the risk economically is staying close for too long, which is a bigger risk as you see it. One of the huge risks is whats happening to people, not getting the care that they need because the focus on this terrible disease and what is happening in terms of psychology and the likes, suicide and the like, its not just the economics and in terms of the economy the key thing is when we start to reopen, they have to do it in a way, this is why we need much more testing than what were doing now so we can make informed decisions, it may mean in the new york, new jersey area that we might still be in something of a lockdown and other parts of the country will be able to do more. They have to have the data to make these informed decisions, it will not do is be a blanket thing all or nothing. Connell Governor Cuomo talked about that today, its interesting because we got hit the hardest, our curve now in new york as a funds, we hope things get turned around, but if you do not have the data and we have attesting official on yesterday the developed antibody test, they have the test but in terms of ramping it up do we need more governor enter government involvement in terms of ramping up the test because there could be a lot of people sitting around in your area that have been exposed but maybe do not know it. Thats where the government can play a good role and for example we know abbott has a fantastic test, 5 15 minutes to find out if you have the thing, abbott should be licensee not to other manufacturers to ramp up production. There are other things that can be done to ramp up the testing, were doing 150,000 test today and experts tell us we should do 500, 600,000 test today to get the data that we need to know how we can open up the economy, open up america without a resurgence of this terrible disease. The disease will be out there, this is where the corona hydroxs so important in these kinds of treatments, people know you can get a threeday treatment, that is also going to help the psychology of the country, france had a test coming out yesterday of over 1000 patients and over 90 success rate done by experts, recognized around the root. They are promising things out there even though if they get the terrible disease they can be detected immediately and have a treatment that is very effective fast. Connell testing, testing, testing. Always great to have you insight. You join us a lot of times on a friday, good to see her. Thank you. Lauren more than 1. 65 million coronavirus cases worldwide, 486,000 of them right here in the united states, that number doubling in one weeks time which is more than 80 of all u. S. Coronavirus deaths happening in the last ten days, will have the latest on the pandemic, this hour in the Small Businesses fighting right now to stay afloat. Plus new york under pressure, the state has more coronavirus cases then any country outside the united states. The state has more than any country in hospitals continue to face a shortage of supplies, live from mount sinai hospital in new york city stick around. I have always wanted to be a teacher. Ive been teaching for over 20 years. With everything going on, weve had to alter our classroom settings. We have to transition into virtual learning. On the network, we can have teachers facetoface with a student in livetime. They can raise their hand and ask questions. They can type questions. We just need to make sure that the education is continuing. vo at verizon, were here and were ready to keep students and teachers connected to the world. Thats why verizon and the New York Times are offering 14 Million Students free Digital Access to times journalism. So to breathe better i started oncedaily anoro. Go your own way copd tries to say go this way i say ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators that Work Together to significantly improve lung function all day and all night. Do not use anoro if you have asthma. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you a heart condition, high blood pressure, glaucoma, prostate, bladder or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. The most common side effects are sore throat, diarrhea and pain in the arms and legs. Ask your doctor about oncedaily anoro to start treating your copd. Go your own way save at anoro. Com and i like to question your im yoevery move. N law. Like this left turn. Its the next one. You always drive this slow . How did you make someone i love . That must be why youre always so late. I do not speed. And thats saving me cash with drivewise. My son, he did say that you were the safe option. And thats the nicest thing you ever said to me. So get allstate. Stop bossing. Where good drivers save 40 for avoiding mayhem, like me. This is my sons favorite color, you should try it. [mayhem] you always drive like an old lady . [tina] youre an old lady. Connell we have evidence that the curb in new york may be flattening, weve seen the last few days, the number of covid19 patients in icu dropped for the very First Time Since the outbreak began, you see steps like that but the governor of the state issued a new warning today and you can hear about all of this from David Lee Miller who is at mount sinai hospital in new york. New york is flattening the curve, that is the word from new York Governor Andrew Cuomo at his Daily Briefing earlier today, he said the hospitalization statewide has showing what he termed a dramatic decline for the First Time Since the crisis began, there are fewer people in intensive care and he says social distancing is making a difference, he said that new york state continues to lose a tremendous number of lives in a span of 24 hours, 777 people died from the virus and down slightly from the previous state. The governor said Antibody Testing to determine who had the virus and recovered is crucial to getting back to work in restoring the economy, he o args State Government can do the job on the scale necessary without the help of the federal government and he warned trying to get back to business as usual too soon could result in a second wave similar to what happened in other countries. Hong kong appeared to have the virus under control, they let his guard down, the virus came back. Hong kong reported the biggest rising cases

© 2025 Vimarsana