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Going through reconciliation. if that occurs, this will continue to put pressure on pricing. however, these things are slowing. so you have to be really careful because of the lag effect not to slow them too quickly. if these things slow and covid takes hold again, you know, you might have a transitory session. >> neil: then all bets are off. thanks, francis very much for that. as francis is wrapping up there, we were thinking 20 years ago we had more pressing and urgent matters on our mind. we were a couple days away from the attacks. once it changed, it changed our perspective on everything....

Because of the delta variation, you have more monies attributed to the goods and services. that's what we're seeing. now there's a debate about it being transitory. and there's a big debate whether or not to start tapering or raise rates or do something about it is because it's all very mechanical. there's a huge lag effect to any one of these things. so if you start tapering tomorrow and you don't really see the effects until three or six months down the road and whoops, you know, something occurred with the delta variant or something else occurred, that's where i think the fed is hesitant in...

Take a look at the radar picture. heaviest rain right now, it's just basically in portions of new jersey and pennsylvania as well. the amount of rain that we've seen, south of harrisburg, you've picked up about eight inches of rain. this storm is going to continue to move now to northeast. all the while it's bringing that tornado threat-- we heard from errol in maryland-- that tornado threat will push through places like new jersey. as you go through the overnight hours, eventually pushing off shore by the time we get to tomorrow. but this is a lot of rain. you're looking at 8-10 inches of rai...

But certainly, when you look at america's standing on the international stage, that, too, will be a big part of his legacy, right? >> well, that's probably how this will figure in. i mean, i hope frank is wrong. i don't think we should be having military blockades. i don't trust trump as commander in chief during combat operations. i don't think trump wants that. he was, you know, somewhat against various military adventures in the last 30 years. and as long as he feels like he's going to win the election, he won't do it. my concern is if the polls show that he's going to lose the election, th...

Having military blockades. i don't trust trump as commander in chief during combat operations. i don't think trump wants that. he was somewhat against various military adventures in the last 30 years. and as long as he feels like he's going to win the election, he won't do it. my concern is if the polls show if he's going to lose the election, then he might want to put on that commander in chief hat, because there is a rally around the flag effect that presidents have experienced in the past. that would be very dangerous for this country. so i hope he just finesses it. and then to your legacy ...