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so bad, he will do what it takes to get it under control even if it means more economic pain. >> have got to get inflation behind us and wish there were a painless way to do that. there isn't. david: working americans are spending a month out of their annual salary to keep up with soaring prices. is inflation and its causes killing our economy? let's ask our panel, dan heninger, kim strawser land mary anastasia o'grady. biden is downplaying inflation, powell saying it is -- essentially willing to risk recession to cure it. who is right? >> let's focus on that remark by president bide...

Deal stuff, feel better about being a democrat but if you go into an election in which there is parity between the two parties republicans in midterm elections, when they don't hold the white house didn't win big because the independent voters, people who don't identify on the generic republic tend to break against the party in power. that is why every midterm, first midterm election since the emergence of what we call the second american party system when we began to have real political parties in 1818 there have only been two first midterm elections in which the white house party gained seat...

Announced on the ticket when medicare was the big issue. guess what? in some of these counties, the senior the vote was going for the generic republic. perhaps going to swing for romney. they believe florida is in play. it's important for them to have florida. almost equally as important as ohio or any place else you hear about. >> bill: you know the florida senator is marco rubio obviously got a big platform in prime time later on this week. so, at this point, it's nothing really out of the ordinary. but you guys sense some momentum behind the republic. do you concu carl? >> well, i would go ...

Joe biden. can i tell it you that's not true as well as all the other things that he says. [ laughter ] folks for the good of our kids i know we are at a republic convention. this is not about republic and democrat. this is about somebody who is going to get this country moving again. restore the strength of our country. energize the people, set them free in a free enterprise system. that's what this is all about. it is about our children. it is about our families. it is about our country. and, frankly, ladies and gentlemen, it's about the world because even though they don't want to admit it,...

Let's put that aside now. look at the polls currently. gallup shows that the president has moved ahead. he is now tied in the generic ballot against the generic republic. newt gingrich specifically while he -- as i admitted he did well in the debate last night and does well in these debates has decades of net unverifiable ratings. surging with republicans, primary voters a little bit. ultimately overall i think he is going to have some trouble. >> laura: do you think mark, at this point, the president can run at all on his record given the metrics, just objective metrics of where we are today?...