America's economy is slowing, there's a crisis of confidence in our banking system, inflation is white hot, real incomes are falling. SVB's collapse is Exhibit A for Biden's failures.
it s concerned it s concerned many, rather, that even these higher interest rates may be on the horizon for quite some time and inflation is going to stick around. joining me now is madison venture s plus principal and university school of business research fellow, mitch roschelle. thank you for coming on. we don t have february s numbers yet even though it s march so we ll have to rely on the latest data from january, but i want to ask you, you know, we ve sort of been in this posture from the fed for a while, inflation doesn t seem to be going anywhere, but we have the other indicators of resilience. so, are you at all concerned that the fed s soft landing is maybe not as possible as we once thought it was? jacqui, i think we never thought the soft landing was going to be possible and we all thought that the recession was right around the corner, but the recession hasn t started yet and the economy still seems
The Supreme Court will hear arguments Tuesday in cases challenging President Biden's student loan debt handout, which would effect millions of borrowers and cost taxpayers billions.
Is the Biden administration's student loan handout plan really just "welfare for the professional class?" Americans young and old debate the legality behind the proposal.
taxpayers money. gillian: not having the strategic reserve is the new normal for americans, do we need to get used to that or what? mitch: so i think it needs to be filled up and i actually worry if we don t have enough domestic supply to fill it up, i worry where we will fill it up from. gillian: saudi arabia, venezuela. only the best. mitch: right, a lot of bad actors out there that we could potentially be strategically filling up our reserve with at a loss. gillian: mitch, we have to leave it there. great to talk to you as always. mitch: as always, happy new year. gillian: you too, bill. bill: gillian 5 escaped inmates from missouri are all back behind bars we can report after they evaded capture for several days. officials say 5 men escaped from the county jail in farmington,