Page 2 - Hangover Effect News Today

Inflation transitory? the price hikes seem like they will be with us for a while. >> we have to address the fact that weve got to deal with the fact that folks are paying for gas, paying for groceries and need solutions to it. >> reporter: went on from there, inflation is here to stay and warn against spending trillions in washington. >> i worry about 2022. i think theres going to be a hangover effect and the big variable right now, inflation bypassing some version of the build back better bill....

Thats a great situation. if you are a working for a new job theyre available if you have the skills to fill them. the problem has been in my opinion, this is like our country has become addicted to crack cocaine of government spending. that cant go on. this is new years eve. people will be drinking a lot tonight but guess what you get a hangover effect. what really worries me is what will happen in 2022 when you have the hangover effect from all of this inflation and all the unpaid bills of tril...

Out of the system. when you go on a big drinking binge you have that hangover effect in the morning, im really worried about that hangover effect of all this inflation in cheap money in the economy in 2022. >> gillian: no one likes hangovers, democrats nor republicans. take a listen to the former acting counsel of economic advisors. >> you already see unions sort of demanding cost-of-living adjustments already, so you see increases coming from inflation. once those kick in, the sellers have to r...

Chief of staff to vice president mike pence mark, how are you doing. good morning to you. whats the hangover effect of this decision now? >> well, i think its a great day for american taxpayers not to have significant massive tax increases and more spending when they are facing inflation pressures. i think when ilhan omar and bernie sanders go and criticize manchin it helps him back in west virginia. joe biden won 30% of the vote in west virginia. this bill itself was polling at 25% support. 98%...

The economy and were still at zero interest rate pollz. it doesnt make sense. im old enough to remember back in the early 1980s when paul volker and reagan tried to get control of inflation higher than it is today. we had a gut wrenching recession. what worries me the most, austan, to come down from this high inflation, it is like a hangover effect and could really affect people negatively next year. >> bill: austan, last word. >> the context is the virus. the context is the virus. we have to se...

Older people 18-24. its rare, for these kids the symptoms resolved. they were easily treated so its something that does seem to have a link here but maybe not that concerning in that these were mild cases and easily treatable. >> we learned last knew two crise ship passengers who had no symptoms tested positive at the routine end of trip test and the first voyage for millennium ship that cruised mumm monday. they said everyone was all vaccinated. again, they were not sick. should asymptomatic pa...

He should have just said i made a mistake, i apologized to her then, i apologize again today, full stop. >> dana: a move on and talk about this book collaboration he has. the issue of hypocrisy comes over and over again. chrisays high pack lassie makes politics possible. even the reaction to it at the time. are the democrats dealing with a hangover effect of that decision back in the 90s? >> i think so. this is the part of the generational divide you mentioned earlier. we saw in the democra prim...

This is what frustrates republicans and the his political team in the sense that democrats would make the case the recovery started under president obama but the stock market is booming and setting records. the unemployment rate is at a 17 year low. theres a lot of companies announcing or coming back. the economic news is very good and normally thats the tie that lifts a president but his personal toxicity is preventing him from getting the credit he thinks he deserves. >> yes and to the issue o...

No tax returns mean this president is not quite living up to that bill. alison and dave. >> not close. thank you, jeff. lingering questions about president trumps taxes having a hangover effect on congressional republicans. listen to tom cotton trying to defend the president at a feisty town hall meeting in little rock. >> as far as im aware, the president says hes still under audit. [ crowd booing ] it doesnt take a lot of effort to find out where donald trump has mentions overseas. he puts h...

These decisions on the part of the senate which are supposed to be made with a historical lens look at decades ahead of you have with everything else in washington become a product of the passions of the moment. >> totally. >> but after the health care debacle, theres been a lot of talk about were not tired of winning yet. yes, its bloody, yes we dont know if the hangover effect could be going forward, but it does look like the president is going to get a win and a pretty big one. >> exactly. an...