price spiral that is worsening each month. the president is in denial about this. as he was about inflation in the worker shortage. the sooner that he admits there are some real problems in the economy and take steps to address them, i don t think we ll see the relief that we hope for. neil: you weren t a big fan of the spending during the trump years. you felt that we could be overdoing it. it is what is it is and here we are now. it all rests, congressman, at the lap of the federal reserve and will have to raise interest rates a lot. if you buy the consensus argument that they raised it a half a point and another half after that and keep doing so, that could test this economy. what do you think? yeah, i think it will. the fed waited way too long as you know. in fact, they were sort of empowering congress, begging congress to create more stimulus for longer. so they re part of the problem.
you re a democrat or a republican, maybe not so sure. it s a good opportunity for you to hear from these candidates in extended form as they offer a presentation, answer some questions. the republican congresswoman, michele bachmann of minnesota is here. the georgia businessman herman cain, the former speaker of the house, newt gingrich. the texas congressman and libertarian ron paul and the former massachusetts governor, mitt romney all appearing at senator demint s at this forum in south carolina. missing, the texas governor, rick perry. at the last minute he decided to go home because of wildfires affecting his state. we ll get straight live to the event in just a moment. first, let s get a preview in a sense of how much this matters in a very busy september. this event here today, three presidential debates. including a tea party debate presented by cnn on october 12th, tampa, florida. yes labor day 2011 but a big impact had month on the presidential race for 2012. let s