and then we'll ask mary daly what is slowing our jobs recovery. with the pfizer vaccine for children between five and 11 nearly f.d.a. fast-track approval, we'll get an update on how soon that shot could be available from dr. scott gottlieb. plus a closer look at disinformation, misinformation, and their threat to democracy. house intelligence committee chairman adam schiff's new book is "midnight in washington." and fiona hill has just written, "there is nothing for you here." rounding out conversations, analyst chris krebs. it is all just ahead on "face the nation." ♪♪ >> brennan: good morning. and welcome to "face the nation." after last week's disappointing jobs report and the latest round of budget battles on capitol hill, we are reminded yet again that covid continues to be the biggest drag on our economic recovery. we begin with cbs news senior national correspondent mark strassmann in atlanta this morning. >> hey, can you watch your language. (bleep). >> reporter: more than a moment, short of a disorder, covid america has functioning anxie

scott, mary daly of the san francisco fed put it a little more bluntly about inflation. she didn't tiptoe around the tulips there as fed chair jay powell did. she called it eye-poppingly high. inflation readings -- >> yeah. liz: -- some of them are eye-poppingly high. so i'm -- >> okay. liz: okay. so i'm looking at this and i'm thinking, they're off the mark here. this is a problem. >> well, she's, she's saying that they're eye-poppingly high, the inflation numbers. at the same time, you've got the atlanta fed down grading their gdp from two to three months ago from 6% to 2.5%. so you've got a slowing economy with rising flakes. what's jay powell going to do? a third of all the goods from china are hung up in ports outside of the u.s. west coast. that's the problem. now, we've all had, we've all said sitting here right now let's pour in $6 trillion in spending from the government on top of that. liz: oh, well -- >> it's not looking good. liz: speaking of which, we're getting right to that right now. scott, tom, lively discussion. and as i said, speaking of which, let's g

. >> yeah, we have mary daly talking about inflation as well over the weekend on one of the morning shows. take a listen. >> everyone is feeling the rising prices for energy, food, basic services that's painful they aren't used to see it, it's eye popping in some categories the keel is if the spending we do as consumers is coupled with the expansion of supply, that we're going to be fine, but if we continue to have supply bottlenecks and keep spending, we'll have more inflation. >> san francisco fed there, governor. >> look, the epicenter, they said, listen, there is software that can make this things better they described a level of disarray, almost as if it's like -- do you feel season two of "the wire." >> i do. >> it feels a lot like that, people are just not showing up, not delivering the right things. you end of feeling like it's not modernized at all. >> well, that's the key. we had great reporting on it last week from our forte correspondents covering the move of one good from china to the shelves here in the u.s., but one of the keys, i remember, jane wells' interview with the he

mary daly resident ceo of san francisco, we can put on the screen where she said it actually, let's listen then we will have more inflation. right now we see consumers trying to get out early and spend their money to get their goods before they run out. >> sandra: so it kind of remind you of the toilet paper days of covid. everybody felt like they had to run out and get it not knowing what the future supply would be of it appear that sort of made the problem worse, right? >> for sure. i certainly can't advocate not buying. i don't know how that is good economic advice from any standpoint. it wouldn't help any of us. businesses about transaction and the consumer buying and us folks selling. but again, a lot of the problems by christmas or not toilet paper or ppe but things we want but not things we have to have. so in the end if you want to have him, you have to buy early. if you have to have them, that is a little bit of a different story. we know christmas gifts are usually like to have spirit and a lot of this was brought up earlier, infrastructure. there is a bill in washington right no