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unemployment at 4.2%, gdp expected to pick up, and the hope is that the u.s. gets back to full employment in 2022. but it s important to outline some of the risks, not to be pessimistic but cognizant of what could go wrong. covid. hopefully omicron is short lived. if not or a scarier variant emerges, that would cause problems for the recovery. supply chains. the delta variant got workers sick. that added pressure to inflation and supply chains. will omicron do the same? it s too early to say. inflation, the cost of living, is very high. many expect it to cool off next year. let s hope so because it s eating into the cost of living for people and eating into their paychecks. the fed, the fed is taking a training wheels off the economy, raising planning to raise interest rates. that makes sense. the risk is that it moves too fast and that endangers the recovery. and then the federal government, washington, after pumping in

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