Hope you have an awesome monday morning. Coy, thanks very much. Thanks to all of you for joining us. Im kasie hunt. Dont go anywhere. Cnn this morning starts right now. Good monday morning. Were glad you are with us. Some good news this morning. A deal. One deal. One deal. One of the many deals that needs to be made. Of the 15 deals that need to be made, so far one deal but it is important. Thats right, it is in los angeles. Hollywood were talking about. Lets get started with five things to know for this monday. A tentative deal in the hollywood writers drive strike after 146 days an countless picket lines. But no deal in d. C. Where a shutdown is increasingly likely. The gop still split on a path forward. And bad news for President Biden in a pair of new poles. 56 of americans disapprove of how he is handling the job. And also on the immigration front the mayor of el paso says his city is at a Breaking Point without enough resources to deal with another surge of migrants as mexico mak
the burger means the burger price is going to rise. that s how bad it is. let s talk about gdp predictions. what are you watching out for, for that, and what will that say about the strength of the economy, and what jerome powell might do in the future as well? the economy is still managing to grow. and i agree with tom. the fed is not going to come out and say you getter get your unemployment up or else. but it s going to brow-beat in that direction. there is an implicit trade-off between full employment and moderate prices, and we have arguably more than full employment right now, and immoderate prices, so yes, they would gladly take a trade of 4% unemployment for 4% inflation and hopefully for inflation to trend down to 2%. i m amazed at this economy, it s got depth, it s got verb, it s got lots of pockets of cash left over from stimulus or whatever we re saving from working at home in our sweat pants or not commuting as much or getting on planes and buying $19 burger, i
accounted for over a percent of that increase in gdp is not sustainable and that will go away. he also didn t mention that we turned on the federal spigots again and we re spending money by the federal government. that will continue to go in the latter part of the year, but it s borrowing from the future. this is a marathon. what we d like to do is pace ourselves, not overheat and be unable to finish the race. that s a great point. let s look at gdp predictions. the president saying he thinks that when you take a look at the year overall, once we get to the end of the year, that gdp will be at least 3% for all of 2018. take a look going back to 2008. is that realistic, diane? 3% is realistic for this year. sustainable not. it is realistic for this year because of the extra gas we ve gotten, juice we ve gotten for fiscal stimulus. that s important. i think that s good news. we want to welcome it. the problem is it does borrow from the future and there will be at some point of time w
if donald trump is the president and cnn has lost the flood. it has lot the plot. instead of being a news organization, and they can report on the fact thator according to a wall street journal nbc poll donald trump is the highest approval rating in his 18th month than any president sean: they up to their estimate to 5.3%. that was my next point, gep instead of talking about gdp predictions that affect all americans, talking about the president s historic popularity with one exception, george bush after 9/11. they are talking about this tape that says nothing. what is it going to be next? t is it going to be a secret video of baron trump s first birthday party? as he s eating cake.
dana: i was in the press secretary s office having a heart attack. let me ask you one thing. people who are losing their jobs in retail. are they finding jobs in other places like amazon fulfillment center, things like that? it s hard to say exactly where they re going but so many other areas have added jobs where it good conservative construction on the manufacturing. he know it does translate into? economic growth. so i don t know whether or not trump is going to get to 4% job growth, gdp predictions, but the big picture is that the country and the growth that we are seeing for the economy is doing well. and that s great and for the tax benefits for the corporation, that is going to make a big difference. dana: thank you so much, have a good weekend. so change of luck for some puppies rescued from last year s deadly hurricane. the animals once again in the spotlight but this time, for a better reason. what these guys will be doing on super bowl sunday.