world. no jubilee for american drivers that are being pelted left and right with prices that go higher and higher and higher. but leaving that aside, concerns as well that the president while he talks up the idea of trying to address this and quickly, that he s falling back on things that we ve heard before. let s goo to the latest from the white house, peter doocy. neil, officials around here at the white house keep saying they think the president s economic plan is working and near celebrating last month s job report came in 65,000 jobs higher than anticipated. the president himself in delaware today saying that reports beating expectations may not be here for much longer. we re not likely to see the blockbuster job reports month after month like we had over this past year. but that s a good thing. that s a sign of a healthy economy. with steady growth. the president says inflation, it s his number 1 domestic priority while admitting there s nothing that he can do to
to factor in. whether that will be companies cutting jobs as you heard from elon musk and from the cryptocurrency companies or you ll have slow down eventually in that economy and in that gdp number, which is kind of the point of why the fed is raising interest rates. as i mentioned, larry summers said again this week, he s never seen a quarter which hasn t been followed up by a recession where you had unemployment rates below 5% and inflation above 4%. neil: gary, reading the markets and all, three whip sawed by anything that eases inflationary pressures. the fed will have to do the hiking. they re going to sell that. it s illustrated beautifully today. what do you think we re in for next week and the weeks to come? there s a reason why they sent out a few fed heads in the last few days to make statements like maybe we don t have to