more for everything else. so roben, help me dissect exactly what this means when we have good jobs numbers, inflation may be holding steady, wage growth not growing incredibly high. but you saw the figure there that brian just point out. does it mean we re cooling? does it mean that this is good news in terms of avoiding a perspective? wage growth is still too hot. this economy looks like it s too hot to stop, to quote another lyric from the 1980s. the fed hiked almost four whole points this year. i lost track of how many rate hikes we had and we added 263,000 jobs at a time when everybody seems to think that a recession and cooling down is not happening.
republicans of putting the program on the chopping block. interestingly, president biden skipped over arizona and nevada during this trip, two states marked by their toss-up senate races. neil? neil: you know, alexandria, i am curious and, obviously, the president and his people are trying to emphasize the positive, the job backdrop is pretty strong. but i wonner what the boomerang effect could be when you keep telling people, you know, the economy looks like it s going to rebound, it s on its way, and they then go to the brosly store or the gas grocery store or the gas station and see quite the opposite picture, whether it s going to hurt them? reporter: yeah, you know, it s really push down the road at this point now. we are so close to the midterm election date, so as long as you can kind of keep that hope alive in people who already support you, already plan to vote to your side, it could be an effective messaging strategy, but we re going to have to see. and if those two state
looking at these yearly figures, but we also had the worst 2020, as well. we should not forget that, as well. but, yes, these figures are encouraging. if you are in the hospitality and retail sectors you may be thinking, where is this growth? we were hit quite hard by the omicron variant, especially those two sectors, and the economy looks like it is recovering. last week the bank of england downgraded its forecast for 2022 growth, saying the economy would grow by 3.75%. so there are headwinds ahead. we have there are headwinds ahead. we have the energy bills and the price cap coming on in april. a lot of people will feel the pinch, as you say. we can talk more about this withjosie dent, managing at economic business research. thank you forjoining us. the figures are better than expected yearly. worse than expected quarterly but better than expected monthly. it would be an economist?!
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to regain a foothold with moderate republicans who decamped the republican party and voted democrat in 2020. you don t see a lot of fresh ideas. and the headwind for the president and for the republicans at cpac is that the economy is doing pretty well, and that is always top of mind and the top of the list for voters going into the next election. the economy looks like it s going to be surging through to the end of this year, and the midterm, tone for the midterms will be probably set during that period. arthel: still, the former president is holding out hope to return to the white house in 20 24. but you ve got other prominent republicans who might jump into the race. you re talking about ron desantis who did not attend cpac in dallas as he s dealing with the tragedy in his home state of florida. mike pence, mike pompeo, nikki haley, ted cruz. of those names, john, who would you say is in the best position to become the next gop