action like this. action like this. yes, it s very difficult for action like this. yes, it s very difficult for this action like this. yes, it s very difficult for this situation - action like this. yes, it s very difficult for this situation is l action like this. yes, it s very i difficult for this situation is very special because the transmission of monetary policy is very slow. mostly because they are fixed interest rate mortgages for example but also because people have a lot of excess savings from covid because they were transferred to people to go through the pandemic, also to calm down the energy crisis, so this time it s different. i don t like this phrase but i would say this is why there is a dogmatic divide between those who say don t wait for a policy mistake, don t hide too much, because things can be strong and we can go into recession and others say inflation is far too high and this is the cost of living crisis to the middle income people so we need to increase i
democratic president who is more progressive, somewhat like one who is more conservative. this is a precedent that is not only had to speak to a very divided country. when he came into office he was handing out vaccines, dealing with a pandemic. it has been an extraordinary period of governance. just simply from the perspective of her divided america, polarise society, and the republicans being internally divided. it is a context internally divided. it is a context in which it would be very difficult for most presidents to be broadly popular, almost by definition. calvin, on the issue of his age because it is one of the things that people when told raises concerns, does he have the vitality and energy to keep running the country? the best thing the president biden can do is take best thing the president biden can do is take the issue on directly. one