that prompted the white house to go into a spin overdrive like this. you would be amazed if they would declare this period to be a recession, even if two quarters of negative growth. we have a strong labor market and we are creating one of those jobs that is not a recession. i think probably. there is so much out of our control to read what inflation is being a global problem. brian: in fact, the gas prices coming down in the summer is extraordinarily rare. that is not something we see very often pure they follow every single day since started. that is progress but not enough and we need to keep working on this. we begin with gillian turner reporting live from the white house, good morning. good morning to you julie and bill. we did not see him at all over the weekend and we will not see him in person before wednesday. his position wrote in the letter, this just in and we will hear direct from the white house the covid coordinator this afternoon and we will get some
on their blog. while some maintain a fallen gdp constitutes a recession, that is new and the economists evaluate the state of the business cycle. this just in moments ago, the white house tells us he is going above and beyond the cdc guidance for the isolation period itself. bill: want to bring in our panel. former rnc coms director and a couple whoopers in there. inflation out of our control. you go after regulation and taxes, different argument. larry summers is back at it again. over the weekend here he is. i think there is a vee high likelihood of recession when we ve been in this kind of situation before recession has essentially always followed