it is not going to be easy or a soft landing. it's probably going to hit in '23 and '24. i mean it. >> there is only one way to deal with inflation at this point, right? you have to raise the interest rates. everybody understood this, that this day was coming. if trump were still president, we wouldn't have had to deal with this. we don't have trump. we have biden. >> but we still have trump's ideas and policies for those that continue them. biden can attack supply siders but you tell me let any sane, ordinary, middle american, wonderful blue collar person tell me how is it that spending $5 trillion and raising $2 trillion or $3 trillion in taxes, how is that going to help the economy? where is the common sense here? that's the part i don't get. >> laura: larry, great to see you tonight. happy new year. >> you too, laura.