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We had two quarters of gdp decline. it doesn't feel like a recession yet. unemployment market is still really strong. people still feel like they have a lot of money in their pocket, but it is not going as far. the fed has a really difficult choice. there is no great option right now. >> if you are in a real recession, everybody feels it, then you can give the set permission to do with a need to do. usually that means cutting interest rates once we are there. in a recession beside cuts rates to stimulate economy. but an inflationary environment they raise rates to slow the economy down. this b...

Inflation, i don't know. you're going to have toinre . u're going to have toinre if we're declaring victory at eight and a half percent inflation, i don't really wante. to go there beyond orwellian.ok but look, they denied there was but look, they denied there was quarters of gdp decline and the latest on laura is really the inflation reduction act r. h right.t?ha except that major economic models from the government and the private sector said, wait a minute, there is no inflation reduction or we're not taxing people under four hundred thousand dollars a year. but in fact, wee learn as we dig...

Joe Craig, the economics department chair at UCCS, said even if the country did slide into recession, it could look a lot different from previous ones.

Box, andrew ross sorkin. you've been looking at the gdp number that came out about an hour ago that showed a second consecutive quarter of gdp decline, .9% this time. what does the number tell you? >> it does tell you that things are moving in the wrong direction and faster than some people have anticipated in the wrong direction. but at same time, there is a view and i think it is a fairview, which is to say this is what was supposed to happen if the federal reserve was going to do what its been doing which is to say it is been putting its hands on the neck of the economy and trying to slow t...

0 bill is long overdue and it helps us take decisive action on the climate crisis and leads for the world by example. inflation hawks like larry summers said this bill is, quote, fighting inflation, let me say it, this bill is fighting inflation. progressive leaders like senator elizabeth warren said, quote, this is a bill that truly is about fighting inflation, bringing down the costs for families and putting our country on a sounder economic footing. here's how it works. first, the bill finally delivers on a promise that washington has made for decades to the american people. we're giving me...