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of the fraud he perpetuated. regardless of what this report says, is your plan to serve and stay in congress and not resign? like i said before i m staying in office for sure. that last voice you heard was republican congressman george santos of new york before the release of a damning ethics report. we ll go through that and what could come next for the embattled lawmaker. plus, we ll bring you the latest out of the middle east. israel says it has more evidence that hamas was operating out of a hospital in gaza. it comes as the idf recovered the body of a hostage near that facility. and also ahead we ll recap another busy day of diplomacy on the west coast for president biden where he met with the leaders of south korea and japan. good morning and welcome to way too early on this friday, november 17th. it s friday. we made it. i m jonathan lemire. thanks for starting your day with us. we ll begin with some good news. the federal government will stay open ....
It should filter into permanent job growth. shepard: a lot of concerns about deflation and all that means long term as we look into the mirror and see ourselves looking japanese lately. that fair? is that a viable way to interpret what we re seeing or it s a fair characterization of what the main threat is right now. the main threat, despite the money printing the federal reserve has done, is not inflation, its that we get into a long-term peered period, people saving more and spending less and they get used to the idea prices will come down so they defer. so you have a long period of sluggishness. that s the threat most on the minds of people like ben bernanke. the fed isn t taking that many concrete actions, is it? it massively printed money, bought a lot of treasury, ....