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Fareed Zakaria GPS

April 4, 2021 | On GPS: Biden's big bid to rebuild America; new report on the origins of COVID-19; Germany grapples with COVID-19 resurgence

Fareed Zakaria GPS

CNN

News

4.23.1K Ratings

🗓️ 4 April 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

Airdate April 4, 2021: Before hitting his 100-day mark, Pres. Biden has passed a $2T COVID relief bill and proposed a $2T infrastructure and jobs package. Some have already begun putting him in the pantheon with FDR & LBJ.  Are those comparisons apt? Fareed asks historians, Jon Meacham and Niall Ferguson. Then, the WHO's latest report saw no evidence that COVID-19 originated in a lab. Fareed speaks to Peter Daszak, one of the scientists who carried out this controversial investigation in China. And Germany went from great success against COVID-19 to close to failure – now entering its third spike. What changed? Fareed speaks to the New York Time's Correspondent Melissa Eddy.  GUESTS: Jon Meacham, Niall Ferguson, Peter Daszak, Melissa Eddy To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This is GPS, the Global Public Square. Welcome to all of you in the United States and

0:07.7

around the world. I'm Farid Zakaria, coming to you live from New York.

0:12.1

Today on the show, President Biden's ambitious policy pushes have garnered comparisons to FDR

0:21.7

and LBJ. Are those analogies apt? Where will this round of progressivism go? In 50 years,

0:31.3

people are going to look back and say, this was the moment that America won the future.

0:37.8

I'll ask historians John Meacham and Neil Ferguson.

0:43.3

Also, the World Health Organization's controversial report on the origins of COVID,

0:48.8

the US and 13 nations express concern about the paper, complaining that the investigators

0:56.0

lack access to crucial information. I will talk to one of those investigators, the virus hunter,

1:03.4

Peter Daschik. And what in the world happened to Germany? In the first wave, it controlled COVID

1:13.5

remarkably well, among the best in the West. Now, Angela Merkel admits they have lost control.

1:24.3

I will explore the fate of Miss Merkel and her nation.

1:31.4

But first, here's my take. While Donald Trump claimed he wanted to make America great again,

1:37.6

President Biden is attempting to actually do it. Trump slogan got Americans thinking nostalgically

1:43.7

about the 1950s and early 1960s when the US dominated the world and its economy produced rising

1:50.3

wages for workers and executives alike. A defining feature of those years was federal investment in

1:57.2

infrastructure, scientific research and education. By contrast, Washington in recent years

2:03.3

has mostly spent money to fund private consumption by giving people tax cuts or transfer payments.

2:10.5

Biden's infrastructure bill is the first major fiscal program in five decades to focus once

2:17.2

again on investment. When you look at federal spending as a whole, it seems to have risen significantly

2:23.2

over the last few decades. But the composition of that spending tells the real story. Most of that

2:29.6

increase is due to sharp rises in entitlement programs like Medicare and Medicaid. Core investment

...

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