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policies on capitol hill this week. telling lawmakers the $1.9 trillion american rescue plan contributed only modestly to higher prices even as she acknowledged inflation levels are unacceptably high. >> 8% inflation is an unacceptable inflation rate in the united states and it is president biden's number one objected to get that out. paul: let's bring in cabot former chairman of the council of economic advisers at the white house and distinguished visiting fellow at the hoover institution. welcome kevin. so peak inflation. everyone has said it has picked it has picked looks like it ...

>> i do not think that it will be an adequate response. people know someone has to pull the trigger on that gun. this is about criminal behavior. it is about whether or not the people we put in charge of going after the criminals are doing their job or if they're going to brag about how many people they won't lock up or keep it locked up for that matter. you know, we sort of have a perfect storm here with these so-called bail reform closet but these repeat offenders back on the street, disbanding anti-gun units in places like new york. why wouldn't crime be going up? i think people are fed up ...