Soon. i should stress, joe, in answer to your question, inflation is a little bit worse in the united states than in the european union. britain is about as bad as america. it is a little bit worse here because the fed really did keep interest rates at zero for too long. they are behind the path here. it is going to probably take higher interest rates than they otherwise would have had to catch up, which is not going to be good for biden s midterm election prospects. money for nothing. ed luce, thank you for being on this morning. cnbc s dom chu, thank you, as well. still ahead on morning joe, former secretary of defense mark esper joins us, as we re learning more about the bizarre diplomatic ideas he said former president trump floated at the white house. and later this hour, we have attorney general eric holder.
Next hour. but first, tonight s lead. priorities in order. right now, i wonder what democratic party leadership must be thinking after a bruising year that resulted in a legislative breakthrough on infrastructure. that breakthrough itself made possible by joe biden s historic cross-racial win last year. speculations about democrats midterm election prospects are cautious, at best. and that includes with the black voters that gave him and them the white house in the first place. and the senate. so they should expect the perception that i and so many other civil rights activists have had over the past year, which is that while we understand the existential threat posted by climate change and that our infrastructure will
It s going to be passed us. there was a wall street journal poll earlier this week, the president s pollster was one of the pollsters involved in that poll. and 52% of americans said that they thought that it would be worse a year from now. so, he is saying things that people don t believe. now obviously, if this situation straightens out, as he predicts, if in the next few months, the supply chain smooths out, inflation recedes, and people have a better feeling about this, then, you know, this could have a material change for him in terms of his election prospects, or the midterm election prospects. but right now, right now, i would advise them to link up to people s reality and speak to the fact that inflation is a factor in people s lives and we re going to throw everything we can at it to try and stop it. and spend less time trying to claim credit for the rest of it,