often asked about is, what does he mean by inflation being transitory? and he s had to explain it multiple times. one of the interesting things he said recently was transitory doesn t mean that prices aren t going up and don t stay up. at the question is, over what period of time? and i think that s what we re really talking about. so people can expect to pay more and prices not necessarily come down but the forces behind that, are they something that are temporary, or do those forces continue to drive up prices on a long term basis? and because most economists think that a lot of this is happening as a result of the pandemic recovery and that mismatch between supply and demand, and the problems it s causing in terms of supply chain bottlenecks, they anticipate that is the all starts to dissipate next year, so will some of the upward price pressure. so that is why you have this whole conversation about, what does temporary mean? in the meantime, there s this thing about
they pick up that mantra as well and start talking about, well, if i don t win, there s trouble to come. it is an ugly underbelly that s being scratched by this president in our politics, and which again gets back, which will be an interesting dynamic in those races where these very hard, right conservatives are returni running against far left progressive democrats. how the race piece starts to play in to this as well. so the president s already starting to scratch at that, my friend, and it s not a pretty picture that s going to emerge otherwise. yep. steele michael, brilliant insights. thank you, as always. of course, the moral of that story is, don t stay up and watch the red sox scratch it out late into the night. you re good, joe. mike, how long was the eighth inning? like 50 minutes? something like that? still going on. still going on. we re going to pull it out.
at all. why do we need to know about it? well, we we don t need to know about it. commit a felony. we ought to be putting them jail. best of luck. i think matthew s absolutely right. one of the reasons why i don t stay up late at night, because why? this became public. the president has a solemn duty to protect the allies and what they are willing to disclose to us. so did excuse me, alan. the failure to do that, i think was a story, period. also will impact, i think rightfully so, the extent to which other allies will want to tell us what sources and methods are. look, the president arrived the president took off with more political than he s about to land. if you think the rest of the world is not following matthew in the new york times, you are
the job he s doing, this is something that touched my heart. i realize that is one woman s opinion, but she s a big donald trump supporter. i m wondering, though, with the congressional hispanic caucus making frustrated nbc having donald trump that you re actually going to have people tune in. i can imagine people at saturday night live loving this right now. i happen to like the show. i don t stay up that late. you have better things to do. but there have been some times when saturday night live and skits have gone overboard. but in particular, we are upset that mr. trump is hosting this rather than just being a skit. it is enabling him after he said these derogatory comments. and nbc universal said we re not
everything except for defense spending. then you got i think the bulk of the country which falls somewhere in the middle. i m just wondering if the extremes on both sides should be able to hold the rest of the country hostage the way that they seem to be doing. well, you ve answered the question. of course, they shouldn t. buff the problem obviously is that the extremes tend to be organized, motivated and both sides, in both parties, and that there is a whole glob of americans in the middle, certainly the majority, who think that there should be some kind of compromise here with some cuts, some revenue, figure out how to do it. and yet, frankly we don t stay up til 4:00 o clock in the morning keep track of how these yoyo heads voted because we re sitting this trying to live our lives. i think that s the disconnect right now between interest group politics in washington dominated