matt: steve ratner yesterday was talking to david and said this is bigger than the new deal and it'sn incredible science experiment he is excited to see. he is optimistic about america and about the u.s. economy. in europe, we don't really see this kind of experiment playing out. people talk about the hamiltonian moment of european union nations getting together with a 750 billion euro package which is teensy wednesday and that hasn't started to go out yet. that still has to be ratified over a year later. what kind of bifurcation will we see, especially of the u.s. experiment is successful? >> that's a great point. that is one of the really big trends we are seeing right now which is that we have a three stage or three-pronged approach right now to the recovery. on the one hand, you have the two largest economies in the world, the u.s. and china, on a very fast v-shaped recovery with china probably ahead. you have your which is not had the same kind of fiscal stimulus and has struggled more with the vaccine rollout, probably a solid six months behind. europe just reported they went i

steve, how often do you agree with steve ratner. >> hardly ever.omy, no question about it. those are great numbers we got for the first quarter gdp. i will give trump credit for this in terms of the operation warp speed but also biden has done a great job with respect to getting that vaccination out there. austan, i said something nice about joe biden. we don't need these trillions of dollars of spending. i think it is one of the biggest deterrents to growth as we go forward as we have to repay this enormous debt. i was telling bill last week on the show i think the biggest restraint on the future growth of the economy over the next six months will be getting workers back on the job who are making more money on unemployment insurance and all these other benefits than they are for working. every restaurant owner and every person who owns a factory, warehouse, or any kind of store are saying we cannot get the workers back. government is paying them too much money for not working. >> dana: austan, how concerned might you be? you teach at one of the ch

i think that part is pretty fascinating. >> steve ratner and i are shaking about that right now., again, this is not something that is going to impact us. but it is something that is going to impact people possibly 10, 15 years from now, maybe even sooner. but mika, you look at the polling that is out there and i want to go over the numbers with steve because we're the minority, you look at the polling out there and whether it was the covid bill, whether this is a transportation bill, these are extremely popular with the american people. >> the latest monmouth poll finds widespread support for the president's big domestic policy items. 68% support his infrastructure and jobs plan. 29% oppose. as for the president's spending plans, 64% support the proposal to expand health care, childcare and college tuition assistance, 34% are opposed. when asked which plan is more important, the majority of those polls, 54% said infrastructure and health care are equally important. 21% said health care should be a priority and while 19% said infrastructure. and when it comes to paying for it all

says joe biden has always governed with a gut feeling for voters but that as larry summers and steve ratnerre saying to the administration whoa, this may be way too much and very risky. >> i think what's going to happen. first of all, joe biden is really good at this one thing. he talks like someone that we want to like. he makes just enough mistakes to be human. he is almost like a grandfather or kind of a nutty professor. you can get away with being really progressive or really conservative if you talk normal. so he does have that part of it down pat. i think what's going to happen, dana, he is going to be in the 50s in terms of popularity two years from now as he watches the house flip and kevin mccarthy becomes the speaker. so he will be liked. he will just be out of power. >> dana: they will take a drubbing in 2022 as things stand now. >> bill: thanks for coming on. trey gowdy. thank you. >> president biden: immigrants have done so much for america during this pandemic and throughout our history. our country supports immigration reform. we should act. let's argue over it and debate it,

he's going really big in a way that even larry somers and steve ratner and people who have been lifelongeconomists or business people are saying, wait, wait, we're spending way more than we need. and yet, the public is supporting these -- this legislation overwhelmingly and again i think so much has to do with joe biden's temperament. he's good old joe and he appears to be beating the republicans everyday on this stuff. they can whine all they want, but my god, it's hard to beat 70, 75% when you're talking about this massive legislation whether it's on covid relief or the transportation bill. >> yeah, joe. it's been interesting to watch because what joe biden i think has done so far that's been strategically very smart is he has stayed focussed in the opening days of his presidency on the things that voters would say is most important to them even as pressure to deal with other pledgeling crises and priorities are looming over him. there are foreign policy issues to deal with regarding china or russia. there's a crisis of a border surge at the mexican border with unaccompanied minor. the

with us now, washington anchor for bbc world news, katty kay, steve ratner and white house reporter foruge boston red sox fan, jonathan lemire. reverend al sharpton still with us, as well. well, you know, jonathan, can we take the jonathan shot? you can see a-rod being mugged by varitek in that picture. that's exactly what the other yolos did to us. >> perhaps 2022 will be a brighter season. it is just three games, of course, but extraordinarily disappointing. and we were texting about this yesterday. this is a team that is coming off two straight really terrible seasons, underwhelming seasons, that has had a pr disaster of trading their best player, a generational talent in muky betts and has had a real fan revolt. if there was ever a team that needed to get off a good start, it was this one. to go 0-3 at home swept by the lowly orioles is about as disappointing as it comes, even if it is in front of only 12% capacity. i'm sure those fans were disappointed, including the scarborough boys. >> you know what, we were just happy to be there. happy to be at fenway. >> okay. >> happy to have

post" david ignatius joins us and former treasury official and "morning joe" economic analyst steve ratnereeping. it was optimistic. it was very progressive, very ambitious agenda that i like. i think a lot of people on the left are going to like. and others are going to be concerned with the price tag. i myself and maybe one or two others on this set today may be concerned, but i think most americans, despite what tim scott said and the republican response about joe biden tearing america apart with his policies, they don't agree with that assessment. they haven't agreed with that assessment. if you look at the flash bowls last night, they didn't agree with that assessment last night. this address, getting great initial reaction from, once again, the overwhelming majority of americans. >> as so much of his legislation, both past and proposed has overwhelming support from the majority of americans. these are his initial polls, these are snap polls, president biden's address to congress in the latest cbs yougov poll, 85% of viewers approved of the president's speech. 15% disapprove. 71% said