Transcripts for CNN Erin Burnett OutFront 20220211 00:08:00

CNN Erin Burnett OutFront February 11, 2022 00:08:00

the fed has the biggest inflation fighting tools. and the fed is going to do what it does. i don't think he lost credibility. i think he was more optimistic than the facts warranted. and that's not surprising with joe biden. >> here is the thing show, john, right, you've got employment numbers surging. and they make a big deal of that in the white house and they should. but if you have employment coming in with double the job growth that even the most optimistic exists expected you would think people would feel better about the economy than they do. 18% of americans say they have confidence in biden's ability to handle the economy. down from 30%. no way to look at the numbers and say those are good things. democratic senators you heard a couple there. they want him to do more. what is biden supposed to do right now? >> well, i think as van pointed out -- and we can learn from history when we have dealt with inflation, which hasn't been for almost 30 years. presidents in the 1970s of both parties talked up the war on inflation.

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