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plants and meatpacking plants. these aren t the most powerful people and where do they turn? you have a right-wing house of representatives and a very right-wing supreme court. exactly and i think this is why so many people feel powerless and ironically some are feeling so powerless that they turn to somebody who looks like a strong man. wright, with a golden toilet. who was actually at this moment giving big tax breaks and promising more tax breaks to the biggest corporations. people need to know that the most important thing to remember is the massive trump tax cut will expire next year. he is not for the regular person. robert reich, thank you so much. that is tonight s reidout . all in with chris hayes starts now. tonight on all in a hero s welcome on capitol hill for the architect of the insurrection. we are 100% unified behind his candidacy. a lot of support. the best speech i ve ever heard. we are incredibly unified in working with presid ....
Unanimously decided to raise interest rates, moody s chief economist mark zandi, he said he s quote disappointed in the fed and kind of warned that it could backfire so i asked the richmond fed president tom barking about why they ended up going ahead and raising interest rates. and he said quote the case for raising was pretty clear. the labor market is tight, historically tight inflation unfortunately, has stayed too high. and, you know, i asked, barking about this criticism from politicians, including senator elizabeth warren, who are saying, you know, the fed is basically trying to get people laid off from their job. and he said that you know when he goes out and talks to people in his district that the one thing he hears again and again is that people quote, hate inflation. and he said, you know, people want us to get inflation back under control. and um he said that we re the guys who were charged with doing that. so clearly, the fed is still thinking that ....