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though is the championing progress being made not only on the economic front but numbers that he says are proving that the inflation reduction act is beginning to bear some fruit. there s a great deal of division over whether that is happening. this three-state trip, by the way, three strong blue states that he s going to is an interesting thing to do less than a month before the mi mid- mid-terms. want to keep you up on that and how this is playingout and the strategy of the white house with a little less than four weeks until the general elections. jacqui heinrich at the white house on what this strategy is. what do you think, jacqui? it s hard to say, neil, what exactly the strategy is. the press secretary was asked why the president isn t going to a more contentious state like arizona if he s going on a western swing. why not hit some of those areas where democrats vying for re-electioning are having a tougher job. but this event in colorado is going to be really ....
and is a soft landing for the u.s. economy still possible, or are we heading toward a recession? let s ask the chairman and ceo of baird company. jason, nice of you here. lots of turmoil in the financial markets. i wonder what you think they re telling us. is this just the end of easy money with higher rates adjustment and the adjustment to that, or is it something deeper in the economy? i think it primarily is an end to easy money, and the fact really is that the fed has obscured what the rate in the markets has been for 13 year. so there s an adjustment period right now. i think most of the decline in stocks thus far has been associated with higher interest rates and an acknowledgment the that inflation is a little bit more structural. what you haven t seen yet and which is somewhat concerning for us is that you haven t seen earnings expectations for, for many companies come down yet. and so right now it would be hard to say that the market is telling you there s ....
Midterm, democrats got crushed. couldn t you see this happening again and biden coming back in the next two years and winning re-electioning? i mean, it s happened before. it has, but two problems there, paul. one of them is that they weren t, neither clinton nor obama were dealing with this inflation issue. and if that interview you did earlier in the show is correct, we could still be dealing with for several years to come. two, clinton and obama both changed tactics after that midterm blowout. they pivoted. they went a different direction. again, i just see no indication of joe biden wanting to do that. the progressives have such a lock on this party. there was tabling of doing it earlier this talk of doing it earlier this year, the end of his first year. it would have been a good time to bring in some new people, try a new tack. there was no willingness. i just don t see him as the same mold as his predecessors and able to bend that way. ....
What he do it three months before his own re-electioning? ing. > one friday afternoon, he decides he was going to pull back on the birtherism just like that. he said president obama is a united states citizen born in this country. and he had no problem 180ing on everything he had said before. that s to say on a friday afternoon before halloween he just says i m going to pardon everybody who is in trouble and there will be a lot of squealing for three or four days because mitch mcconnell is going to do anything. the courts aren t going to do anything. why shouldn t i. there s a little and legal risk. the backlash you ll get in the short term. from us? from the press. fox & friends, that supreme court that meets every morning? do you think that crowd. there s a legal consequence to this. it could be added to larger evidence about obstruction of justice. the supreme court is going to come after trump on pardons? not the supreme court. if there were a case for ....
In 2016 on the republican side were not there, in part because they have their own re-electioning or some of them aren t members of the nga, they re members of the rga. governor christie was there, it was interesting. there was a governors-only luncheon saturday. i was just about to bring him up. afterwards, he took questions from reporters for 10 or 12 minutes and answered you quoted some of it. he was critical of the president on the issue of israel. he was, i thought, somewhat more evasive on some of the questions about immigration, for example. but partly what he was trying to do was say i m available, i m not hiding out. i m here to answer all your questions. do you think, governor markell, that it gets in the way of the broader goals? i really don t. i think particularly an event like this, when the governors are together, we re focused on very concrete, tangible, common sense issues. how are we going to make schools ....