i want to come here and deliver results. you seemed to indicate at the top that you believe you can walk and chew gum at the same time. the good news is we have a lot of different kinds of committees in congress and members of congress come in with different platforms. they ran on different agendas, we did not all run on the same thing although we had an overarching agenda that talked about the pocket book issues, accountability side that committees focus on. so if you have an interest in energy, natural resource committee, very busy bringing out a robust energy policy so we can show the country how we can get our economy back on track and not be dependent on foreign countries for our energy and it will reduce energy costs. a lot of members ran on the border crisis and we have committees like judiciary that focus intensely and homeland security that focus intensely on
there was no sense of biden triangulating at all here and that s one reason when, you know, we talk about the inflation issue, if biden keeps spending money the way he s been doing the last couple of years, i m not so sure that inflation is going to go away. neil: all right. you might be right about that. i know we re showing a lot of negative numbers, but on the week, the major averages, smartly as the week before. the dow up 4%, and s&p 500 more than 6% and nasdaq 8%. and as you know, danielle, it was built on the surprising inflation report thinking it s as bad, but not as bad and they re clinging to that in the hope that maybe the federal reserve will cool it on both the number and the size of the rate hikes. did they get ahead of their skis? what do you think? yeah, i m calling what happened this last week the recession celebration. so we ve seen the layoff numbers pick up earnestly. we ve seen layoff announcements
early votes that we had those were pre-scanned and you just had to press the tabulation button and we could upload quickly and we showed we got the job done. neil: you did, indeed. secretary, i don t want to put you in the political corner, but remiss if i didn t get your thoughts on donald trump maybe announcing another presidential run next week. what do you think of that? well, i think at the end of the day if you look at the past results we just had that leader mcconnell was right, that candidate quality is very important and we have good candidates they win big and the other thing i think people are looking for character, character is job one in this job and i think we re looking for competence and we ve shown getting our results posted so quickly that people are looking for government that works for them, not for some politician, but they want it to work for them and that s what people are saying, hey, i m hurting here, pocket book issues, inflation, got gas, what are you going
7% and not headed to double digits like in other parts of the world. realistically, i think that invests would prefer a slow decline in inflation, 3, 4, maybe years to get back to 2 and then a rapid unwinding of an economy back to 0% inflation and the fed having to go into stimulus mode again. i think a little inflation, a slow roll down hopefully works to everyone s advantage, including invests in stocks ab bonds, down even as much or even for that to happen. neil: the yes or no question, we re through the worst of inflation, still bad, i think you touched on that, steve. are we through the worst of it? no, and that s because the spending that was authorized last year through the end inflation acceleration and other spending bills, that s going to happen into 2023. we need to be cutting government spending now not raising it. neil: more to come. danielle, what do you think? i think we re past the worst
neil: thank you, greg, be safe, my friend. greg palkot in ukraine. in the meantime, they call him the pastor president because he s talked to and known so many, but it s one in particular that stands out and the extended family. i m talking about reverend to cut across political parties and nastiness and, yeah, even rival presidents who marvelled at his words. remembering george and barbara bush, but going way beyond george and barbara bush after this. inflation s eating into everyone s budget, but if you re a veteran and own your home, you ve got a big leg up. it s your va home loan benefit. it lets you borrow up to a full 100% of your home s value. with home values near record highs, the newday 100 va loan can get you an average of $60,000. and you can lower your payments by $600 a month. pay down your high-rate credit card debt, personal loans, car loans.