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Economy? it's high prices and millions of people out of work. i'm very worried that the fed is going to tip this economy into recession. >> our business correspondent joins us. this is building on that op-ed she wrote a few weeks ago where she said basically mitigating inflation in the near term is not worth a whole bunch of lay layoffs, et cetera, that would come with a recession. and it was striking to hear jerome powell on friday say like there is -- there is real pain for households ahead beyond inflation. >> yeah. i think his tone, his language, his messaging was striking to your point. h...

From the key fob maybe you will be safe. that's not an acceptable position. martha: what if any role does the bailout of gm play in this story? obviously this was a company that was known tongue and cheek as government motors because of a government bailout. is that a story in your mind? >> some people are talk about what impact it had on the bankruptcy. but were think play layoffs in their safety division? was there continuity? we know there wasn't among the ceos. but what about the people looking at the switches. did they have enough people on board? it's important know if those were in plac...

Following the financial crisis, and obviously small businesses are a major source of job creation. this morning we sent draft legislation to congress on this fund which now includes a new state small business credit initiative. this state initiative, which was designed with the help of governors and members of both the house and the senate, will help expand lending for small businesses and manufacturers at a time when budget shortfalls are leading states to cut back on vitally important lending programs. in addition, with state and local governments facing huge budget gaps, we're seeing lay la...

With then senator obama said the least employers can do when they are anticipating play layoffs to let workers they are going to be out of a job and a paycheck it with enough time to plan for their future. [laughter] >> we must give the warren act teeth to insure that workers are not left in the lurch without a job or a paycheck. the effects will be devastating. it is a fight between the three branches of government, as to how to eliminate the sequestration and guess who is a.w.o.l.? missing in action, the president of the united states, who has decided that it's not his problem. it is his pro...

With then senator obama said the least employers can do when they are anticipating play layoffs to let workers they are going to be out of a job and a paycheck it with enough time to plan for their future. [laughter] >> we must give the warren act teeth to insure that workers are not left in the lurch without a job or a paycheck. the effects will be devastating. it is a fight between the three branches of government, as to how to eliminate the sequestration and guess who is a.w.o.l.? missing in action, the president of the united states, who has decided that it's not his problem. it is his pro...