Buying Tvs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Demand for housing and cars, one of the problems for the fed at a moment like this, is this business cycle didn't look anything like past recessions, they don't really have a playbook. more demand for houses, more people trying to buy cars and buying tvs. they are trying to waive those off, how fast to raise interest rates to cool the economy, without cooling it so much it drives us to recession, that is the watch word for that year, we have a major grow out, great job growth and economic growth 2021. but all of that rolls off , almost off in 2022, the growth rate already

Of course there's a danger of that. there is a danger that if you do not snuff it out before it catches home, like a sunburn, like the time you see it is too late and you will be in pain, i think that i want to remind everybody to have some sympathy for the feds. it's a difficult situation that they're in because this was not a normal recession. in a way, there was no recession at all, just a huge downturn. but these things that are driving -- down is that when people stop buying tvs, and houses, the simple -- housing went up, ev purchases went up, cars went blooming through the roof. the thin...

Why is that happening? >> yeah. look, it feels -- it feels, in a way, kind of bonkers. we started the year booming and the virus coming down. then we get into the summer. the virus comes back. the economy slows. now hopefully we get back some control of the virus and growth comes back. i think what's happening on inflation is that if you go look at the numbers, there has been 20 years -- we reversed 20 years of trend of spending on physical products. usually what we spend almost all our money on are services, and that went down during the pandemic because people didn't want to go to the doctor...

Pandemic because people didn't want to go to the doctor, people didn't want to go to disneyland, people don't want to fly on an airplane, they don't want to go to a restaurant, all of that kind of stuff that we normally spent our money on was replaced with buying tvs, buying pelotons, buying a bunch of physical goods at a rate that we've never had before, and the supply chain cannot satisfy that kind of demand. so that's why i say we've got to get control of the virus so we can go back to spending our money on all the stuff we used to spend our money on. and the fact that all the other countri...

President obama's reelection campaign. let's bring in our power panel. andrea, daily news columnist and co-host of "the five." jehmu greene and angela a fox news political analyst. thanks for joining us. >> so these numbers, 8.5%, its flee-year low. it caps off four months of declines in the unemployment rate and six consecutive ms. of job gains of hundred thousand or more. is it enough for president obama and will it make a difference for him? >> it depends on it. it's not the unemployment number but the under employment number, how many college workers are working as bartenders and what do t...