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I think he is wrong in a pretty profound way about that claim in the following sense and there's a way in which Larry's offering a warning that we've already heeded. ... I very much disagree with the thrust of the argument is that we have to go big and we have to go bold here to finally put this crisis, to finally put this virus behind us and to finally and reliably launch a robust, inclusive and racially equitable recovery, we have consistently said the risks of going to small are much greater than the risks of too much. Now that doesn't mean there are no risks engaged in the kind of work that we're doing because that's always the case in the economy.

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