Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Our budgets are under extreme stress. Arts fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We run our cities with a balanced budget which we are required to do by law. So what does that mean . How do we possibly do that in the face of this tremendous crisis . It means the cut jobs. It means eliminating services and staff at the same time. Our First Responders have been on the job since day one of this pandemic transporting those with covid to hospitals with Public Health initiatives keeping social and family order
I want to thank her for an sent the National League of cities in the National Association of counties for their sheer dedication to this issue on badly needed federal assistance as we continue to fight the covid19 pandemic. A quick note for members of the press joining us today, we will take questions after brief opening remarks. If you have a question, please put your name and media outlet in the chat and well call on you. Im keeping this brief and to the point. Im keeping this brief and to the point. Local leaders have been sounding at definite alarm for months about the need for direct fiscal assistance from washington as the virus rages in our city. Fences are skyrocketing. Our essential lifesaving services are strained. The need for public assistance is through the roof. This has been going on since the beginning of the pandemic since march of last year. Today, only 38 cities have received direct relief yet mayors everywhere continue to do what we do everyday. We get it done. We r
The dow coming off its first close ever above 30,000. Still down 180 a lot of focus continues to be on the socalled cyclical trade, energy, banks, airlines all pacing for their best month ever rob, its good to see you again. I come to you first because your note to our producer today really piqued my interest. The last three weeks, you say, were transformational. How so i think going into this, scott, we did not have a prospect for a stimulus plan it pivoted focus to the virus and the virus count really, really increasing. Since then youve had three months of very, very positive news on the virus front. Youve had an election outcome that appears to be more and more benign with the actions of the with the actions of our president elect. Specifically nominating janet yellen it looks like it was an outcome that was squarely middle of the fairway that was not too far left, not too far right. Really goldilocks like from my perspective. Now youre at a place where when you look at major pivot
In one of the Fastest Growing jobs categories, we created a certification program. You can earn one of these certificates and build a consortium of Companies Including walmart, bank of america, intel, hulu, and others, so that once you earn this, it is basically a light degree. For us, one of the very important things is each of us has a responsibly to address these issues in society. I think our view is that if we come together and work cross through and ideally private partnerships, we can magnify the impact we have. You will continue to see more of our efforts there. Ian you heard kristalina say we need to g20 to not just do no harm, but they need to coordinate. You are saying the same thing for the private sector. Are you finding that that challenge is more of a lift, both within your sector, companies that have historically been very tough competitors, as well as across sectors when you dont have the connectivity . Ruth i think we are seeing that single Point Solutions are importa
Or 1800743cnbc. Today our hospitals are packed with covid patients. This milestone seems damn right crazy. After another trip of the dow surged 455 points and s p jumped 1. 6 i am telling you that this surge to 30,000, dont look at it that way. How do we explain this region of the bull market. Ten reasons why this thing work. Not only it will holdup overtime, you got to know it first, the results, results wont be overturned. There was a slim chance hell be able to beat biden in the courts or if not the polls but he could not pull it off. At the end of the day there was just not any fraud when the president lost in pennsylvania, it is up second, vaccine. We got one vaccine of 95 efficacy from pfizer the second one is similar. Then astra seneca. 100 million doses to the United States by years end if they get the delivery right which they probably will. You have to hope it will go to First Responders and Nursing Homes and you get it at the pharmaceutical locations trust scientists and tha