Well, it's certainly going to help in the short-term. If you're working for the State of California right now and you got one of these notices saying you're about to be laid off and money comes into the state, there's a reasonable chance…
David Gergen
The Public Record
David Gergen was an American political commentator and advisor who served in the administrations of four U.S. presidents, providing insights and guidance on various political matters. Born on May 9, 1942, in Massachusetts, Gergen held significant roles in both Republican and Democratic administrations, showcasing his ability to navigate the political landscape across party lines. He was also a professor of public service at Harvard University, where he influenced a new generation of leaders. In addition to his academic work, Gergen was a senior political analyst for CNN, contributing to public discourse on current events until his passing on July 10, 2025.
This bill will help relieve some of the suffering. For example, if you're unemployed and you've got to go pay for health insurance under your COBRA plan, that can cost you over $1,000 a month.
What it will help to do in all likelihood is make the downturn not as steep.
However, if the administration does move forward with forcing lenders to renegotiate mortgages downward, there are going to be a lot of conservatives who are going to say that -- what's called 'cram-down' is a terrible idea.
Whether we need that kind of huge public works program to really get us --
The administration believes that they have to tackle the housing as part of this.
I think the other part of this, though, that we have to recognize, as Andy said and as David Walker said, the hole we're facing and the sort of the lost economy over the next three years is about $3 trillion, according to the Congressional…
The government has got to grow. That's the only -- it's the only institution we have left to help put some -- put some steam back in this economy right now.
the Obama Administration is trying to use this crisis in the economy as a way to change the way we approach energy and the environment, to reform healthcare, to bring big changes in education.
The real issue for him on this Afghanistan question is what he's trying -- what's the mission?





