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It's absolutely ugly and things i think -- the other crucial number you might hear is 8.9, unemployment rate. if it goes down, continues to go down, the white house feels like they're in good shape. staying high signals trouble. inflation is starting to creep up. things cost more than they used to. there's a very real clouds on the horizon. what can be done to control that and what is within the president's power to make it seem like action is being taken to address the very real problems that people are facing? >> richard -- i'm sorry. when you talk to the policies around the president, how a...

These gas lines and high prices for the pump kill politicians. >> yes. it's absolutely ugly and things i think -- the other crucial number you might hear is 8.9, unemployment rate. if it goes down, continues to go down, the white house feels like they're in good shape. if it stays high, it's signaling trouble, along with high gas prices. inflation is starting to creep up. things cost more than they used to. there's a very real clouds on the horizon. the question is, what can be done to control that and what is within the president's power to make it seem like action is being taken to address t...

Economy. we can't during a recession or onset of recession, lowering ratings, we are already at 0. how do you stimulate the economy? cut taxes. i filled up my gas tank, $75.50 on the way to the lunch meeting. i was starving, but because i knew how expensive not only how much my gas was or meal was going to be i had a simple dinner salad. i mean, i am cutting back. everyone is starting to cut back. in fact, jp morgan the other day cut the forecast for 2011 gdp 2 1/2% to 1.4, dramatic shift in ferterms of the econom and we'll hear that more and more because of rising food costs and gas prices an...

It's very possible we will see gas above 5.50. >> heather: some people say that it could worsen. if that is the case, what will we see happen, $5? >> it could be and we have demand from china and the rest and supply destruction half of them the is a potent combination we're not getting enough supply and lots of demand from the emerging countries. >> heather: so its vicious cycle. how does it end? how do we get out of it? >> you know maybe the oil producing countries start to pay a little bit more, libyan nation building which we've been asked to help. maybe we can use some of the strategic res...

It was $75.50. i understand this is happening. the ripple effect throughout all industries going to be something that really people have never faced before. i want to point out, we are entering into a very tough economic time. it is called stagflation. it is very high unemployment, runaway inflation and very low economic activity. the policies that we have in place by the government right now are completely the wrong policies for that type of economic condition. what we're seeing is going to continue as long as they continue to print money we are going to see gasoline prices go higher and ever...