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Ronald reagan, one of the biggest landslide elections in history because people were so frustrated with rising prices. >> harris: and you kind of take me to this final point on all of this, steve. that is if he can't raise -- he being the president can't raise all of those trillions of cash to pump into the economy and keep his promise about build back better and all these other big spending programs then he loses the far left side of his base. he is politically in more trouble than he is right now. and the only thing facing him is less than 300 days away november 8th. steve, i have to let you...

Sanders. i'm not a socialist. i'm a mainstream democrat and i have been. >> sandra: interesting. at this point he still needs to clarify that. >> that's not a good place to be. i know joe biden forever. i served with him for 24 years in the u.s. senate. never thought he was a socialist at all. but in pushing for some of these big spending programs, trillions of dollars like the original build back better bill, it appeared to a lot of people that he was adopting the platform of people like bernie sanders on the far left of the democratic party. and he opened himself to exactly that kind of crit...

You have 4.9 trillion that has been spent and disbursed. so you have about 16.5 billion already allocated out there. that used to mean something. 800 billion remaining that has not been allocated. so wouldn't you want to start there instead of coming up with new spending programs? >> sure. if we can have unallocated money, that's fine. there's two sides to this, martha. there's money that will increase consumer demand. that's not the answer what we want to invest is things that will increase the country's supply. that would tackle inflation. invest in things that build more semi conductors and...

Stocks. gillian: now that we know inflation's not going anywhere this quarter, probably not even this year, you say there's a perfect storm of conditions that is actually causing it to stay up the way we're seeing. talk to us about that. >> yeah. we had a bad combination of things. we overstimulated the demand side of the economy with a lot of fiscal spending programs. the fed intervened and printed money like crazy and kept interest rates low. and then on the supply side of the equation, we have an ongoing lingering supply chain problem. but if you go to the real, real sort of root cause -- i...

Vaccine mandates. one of the big things that they talked about is how they move trucking supplies and such an important part of the supply train and then the mandates put in place and now here they are. they see they're firmly in place and continue to push back against any efforts to get them to move. we'll see where things go in the coming days. right now they're going literally nowhere. martha? >> martha: thanks very much. we'll be back to that story in a short time. we want to go to virginia governor glenn youngkin who is joining us live today from virginia beach where he's about to hold an...