short-term effect and no long-term benefit. >> ayesha, the same way the former congressman puts it, i think you only have a few tools in your chest. you can cut spending. raise inflation. cut taxes during a potential recession you can work monetary policy to some extent to create more money. if it's going to be invested. right now i'm hearing the country, the rich people are swilling, swirling with cash. they don't want to invest it. they don't believe in it. they don't want believe in this rock 'em sock 'em economy of trump's. they bought back stock at the corporate level. they benefitted from it in terms of their own wealth. you buy back stock, you own more, right? >> yeah. >> everything worked out for them. now we have a situation with no more tools. facing perhaps economic trouble. >> and that's the fear, is what happens now if there is a recession, is president trump, is this administration ready for it? and this is not an administration that has been great with crises and usually it's creating the crisis on the