pleased with look, some of the headwinds we re seeing is because of growth, interest rates are going up, as the fed normalizes hopefully not too quickly, they put a break on this economy. we re also seeing a challenged hiring workers so we ve gone in a year from a country asking where are the jobs now it s where are the workers and literally every business i m talking to is holding projects back, because they don t have the labor force we need. well as republicans we re going to elevate that workforce issue to perhaps our top economic issue going forward so look some of these challenges we have in the economy is because our economy is now returning to a pro-growth mode. maria: do you worry about a trillion dollar deficit does the pushback on more tax cuts obviously is the debt, very quickly, sir. yeah, i do, but we were not seeing tax deficits because of the tax code. it s because of spending and in fact, maria, the difference between the obama less than 2% growth and the trump great
the conditions, but what i am pleased with look, some of the headwinds we re seeing is because of growth, interest rates are going up, as the fed normalizes hopefully not too quickly, they put a break on this economy. we re also seeing a challenged hiring workers so we ve gone in a year from a country asking where are the jobs now it s where are the workers and literally every business i m talking to is holding projects back, because they don t have the labor force we need. well as republicans we re going to elevate that workforce issue to perhaps our top economic issue going forward so look some of these challenges we have in the economy is because our economy is now returning to a pro-growth mode. maria: do you worry about a trillion dollar deficit does the pushback on more tax cuts obviously is the debt, very quickly, sir. yeah, i do, but we were not seeing tax deficits because of the tax code. it s because of spending and in fact, maria, the difference between the obama less than
much time talking about the stock market and suggesting that that is a measure of health of the economy. at some point that market, probably it s overdue for a correction, and it s going to come down. hopefully that does not, you know, it s not a bursting of the asset bubble and that that doesn t have ramifications for the economy as well too and confidence out there. paul: well, she raised the asset bubble, dan. i want to talk about that. because if you assume that some people have smart economists, as the fed was doing what mary described, it was explicitly to float asset prices, okay? that s happened. all right?ç it didn t help so much the overall economy as much as some people hoped, but asset prices are up here. as the fed normalizes, are asset prices, you know, headed for a fall, a correction? they could be headed for a correction. they could be headed for a decline. i don t think we re going to be headed for asset prices falling off the cliff because the real economy is genu
stock market and suggesting that that is a measure of health of the economy. at some point that market, probably it s overdue for a correction, and it s going to come down. hopefully that does not, you know, it s not a bursting of the asset bubble and that that doesn t have ramifications for the economy as well too and confidence out there. paul: well, she raised the asset bubble, dan. i want to talk about that. because if you assume that some people have smart economists, as the fed was doing what mary described, it was explicitly to float asset prices, okay? that s happened. all right?ç it didn t help so much the overall economy as much as some people hoped, but asset prices are up here. as the fed normalizes, are asset prices, you know, headed for a fall, a correction? they could be headed for a correction. they could be headed for a decline. i don t think we re going to be headed for asset prices falling off the cliff because the real economy is genuinely strong. and i think th