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state of our economy. >> good evening. the day started well enough for biden with a jobs report showing the u.s. economy adding 311,000 jobs last month. >> we created more jobs in two years than any administration created in the first four years. its no accident. it mean our economic plan is working. >> but that good news was quickly overtaken by bad news that could get a lot worse. >> thank you. thank you. >> silicon valley bank may not be a house hold name. but it is a very big deal ...

And, that could be a true indication of where our economy is at. >> now, the white house insists comparisons with the financial crisis of 2008 are overblown. >> our banking system is fundamentally different because of the changes that we put in place in 2008. for example, they have to hold more capital. they unz go stress tests. >> the collapse of the bank a major player in the tech and venture capital worlds left some companies wondering how they can find the cash to keep going. >> if you ear a...