president biden disregarding low consumer confidence former economic chair jason furman on why therel >> president biden said the economy is stronger than ever, watch this. >> the polling data has been wrong all along we have the strongest economy in the world, no president has had the run we had in terms of creating jobs and bringing down inflation, it was 9% when i came to office. >> the numbers show a bit more complicated, inflation added 4.7% in 2021 biden's first year in office and didn't hit 9% until june of 2022, joined even a former economic council and chair under obama and harvard professor jason furman, things are coming on the show. >> thank you for having me. >> the comment that we heard the positive misstated the inflation rate in the january when he took office, how much progress have we made in terms of getting to back down. >> we made a decent amount of progress on inflation, we made more progress than i expected if you ask me a year end a half ago and a lot of people in markets didn't think we would be in the place that we are now in inflation rate probably around 3

president biden disregarding low consumer confidence former economic chair jason furman on why therell might be because for concern next. ♪ ♪ - i got the cabin for three days. it's gonna be sweet! what? i'm 12 hours short. - have a fun weekend. - ♪ unnecessary action hero! unnecessary. ♪ - was that necessary? - no. neither is a blown weekend. with paycom, employees do their own payroll so you can fix problems before they become problems. - hmm! get paycom and make the unnecessary, unnecessary. - see you down the line. sup? -who are you? i'm your inner child. get in. listen, what you really need in life is some freakin' torque. what? horsepower keeps you going, but torque gets you going. what happened to my inner child craving love and acceptance? how about you love and accept this? p-p-p-p-powershot! when can i drive? you already are! the dodge hornet r/t... the totally torqued-out crossover. >> president biden said the economy is stronger than ever, watch this. >> the polling data has been wrong all along we have the strongest economy in the world, no president has had the run we ha

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otter, consumers are souring on the economy as fed officials mall intest-rate natnal economic jason furmanwhat these mean fornvestors, then upbeat earnings drive in the market this week analyst expected to see strong results continue beyond the first quarter, later a rare apology from applefter a controversial ipad advertisement appearing to literally crush creativity we begin with the expert panel on three things investors think about right now on thebarron's roundtable" ben levisohn, jack cao and izabeth brien, it was another good weekend the markets and the gains were fairly broad. >> it's kind of nice we saw that the dow the maet higher up within 2% has an eight day winning streak which is not the longest ever but it's pretty nice in a case of no news being good news we didn't have economic data and releases of what came out was a little bit weak but not too weak anno big companies coming out with the remains in the market was left to the own devices, bond yields did not do much so use all utilities and financials and industrials a weird mix of compans of sectors thae responsive to rat

larry: i have to give larry summers, two democrats, jason furman, larry summers. >> they have great integritylarry: summers called the spending bill in 2021 of march, the 1.9 trillion, summers calls that the original sin of inflation. >> yeah. larry: i think he was dead right. >> larry and jason have shown great integrity. larry: i agree. todd buchholz, very good to see you. >> good to see you, larry. larry: taylor riggs, thanks for helping it. be sure to catch taylor along with her co-hosts brian brenbrenberg and jackie deangelis "the big money show" here 1:00 p.m. eastern every weekday. i love this story, president trump is now accepting cryptocurrency donations to his campaign. is that cool? wow, we'll talk about it with vivek ramaswamy. remember, folks, "kudlow" available as a podcast. episode every weekday right after our show. we've got spotify, we've got apple, we've got foxbusinesspodcast.com, we've got crypto, we got card did i w. we have everything right here. i'm "kudlow". (fisher investments) at fisher investments we may look like other money managers, but we're different. (other

you think so, too, jason furman and then to doug and back to stephanie. trying to do everything. >> looked to me like a goldilocks report. not at all surprised how happy the market is. that job pace, that's still a very healthy pace of job growth, plus this is off of over 300,000 last month. still averaging about 240,000 a month. i think one of the most important data points was average hourly earnings. that growth coming in lower than expected. over the last three months it's up to 2.8% annual rate. that is a very different and much more inflation-reassuring picture than from the eci earlier this week. those data are noisy. you don't want to take them too far, but after some of the concerns raised about wage growth and its inflationary impact earlier this week, the bottom line is, this report is quite reassuring and if we have 170,000 jobs a month for the rest of time, a 3.9% unemployment rate the rest of time, inflation comes down. you know, i think we'd be thrilled out of our minds. >> doug, been a while. >> yep. >> comments on a lot of things, but i get, we use goldilocks a l