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Wall to china. >> yeah. u.s. officials, the biden administration believes the relationship with china remains the defining one, not just for his term, but for this century. they simply haven't been able to get there yet. this trip, which began a few hours ago, is hoping to accomplish a lot. certainly on the economic and supply chain issues, that's what the president is focusing on today. in the samsung plant, he is unveiling a new economic plan for the region. it is short on specifics, but that is goal number one. there's obviously a few other things shadowing this trip. of course, the war in ...

Issue they really have very little control over? >> exactly right, joe. we're paying the check for a lot of those decisions. let's look at the short-term pain that david was talking about. so i'm an optimist. i've started two companies. but there's very little to be optimistic about if you're trying to feed your family or if you're a west wing strategist trying to feed your family. let's look at a couple data points. so those fed decisions have very uncertain outcomes, and, of course, are not precision instruments. even if everything is right, look at that short term. look at double digits, 10...

Brisket. >> yeah. >> we saw photos this week of gas stations that were changing their pumps, recalibrating their pumps so they can have $10 or more show up on the pumps. 40% or more changes in the cost of flights or hotels. joe, a lot of the people i'm talking to are worried that people have paid for their vacations, people are going to take their vacations, but then the fall, suddenly, is very tough. >> what i heard from my dad in the '70s over and over again, and, mike, i'm sure you heard it from your dad, what i heard from my dad over and over again, whenever he'd come back from the gas sta...

On. the 18-year-old pleaded not guilty to killing ten people and wounding three others during saturday's shooting. prosecutors say a grand jury already voted to indict the accused gunman, but a formal announcement won't be made until after their investigation is complete. the suspect is also facing a hate crimes probe from the justice department which could result in federal charges being filed. if found guilty there, he could receive the death penalty. >> let's go to buffalo, new york. we have the host of msnbc's "politics nation" and our good friend, the president of the national action netw...

Kodak office. but it is seeming so much like the '70s right now. i need a leisure suit, a pet rock, and a mood ring. but let's talk about how the parallels -- a lot of politicians alive today, working today, don't remember the combination of high inflation, high crime, a cold war. man, it was devastating on a lot of politicians. gerald ford lost, of course, in '76. jimmy carter lost in 1980. very turbulent times then. very turbulent times politically now. >> i'm like you, joe, i remember buying my first house with a 12% interest rate. it was a terrifying period. but i think that there's some s...