nfib, small business optimism at a time when we are assessing the strength of the u.s. economy and that is one factor the selloff broadly. i'm, tying into the story, u.s. producer prices, bloomberg economics expects strength there, no confirmation of disinflation. that is the view as we look ahead to producer prices later today. at 2:00 p.m. there will be a push to lay out the new policy agenda in france from the french minister. coming up, the french prime minister is set to present his policy agenda to parliament. whether francois bayrou can succeed where his predecessor failed. this is bloomberg. ♪ >> redline is to choose to come back and increase tax. everything we hear now shaping the debate is increasing tax, having tax on the corporations, having tax on household, on the airlines. this is not a good way because the problem that could lead us to that is in excess of public spending. tom: that was the vice president of the french business union speaking to bloomberg. the french prime minister is due to present his policies to parliament. francois bayrou faces tense

the nfib is reporting a 45 year high in small business optimism. a cnbc survey conducted last quarter measured the highest ever surge in small business optimism. small business optimism matters. entrepreneurs are risk takers by definition. when they feel confident about the future we see more started and we see more growth. that's exactly what they're telling us. a ubs poll conducted recently found that nearly half of all small businesses will invest more in their businesses in the upcoming months. a third of small business and increase hiring. so the question is what led to all this optimism? i'm here today to tell you this surge in small business optimism and everything that flows from that didn't happen just by accident. it's not the result of some cyclical realignment. it's not happening because of public policy decisions that were made years ago. it is happening i believe as a direct result of this presidency leadership. both the tone and the policies coming out of washington are different. small businesses see a president who was not only bul

taylor: you see that in the nfib small business optimism survey.nt to make money and they want to get back to work. unfortunately, though not everyone feels that. i mean, a lot of people are holding multiple jobs because they can't make ends meet. how much of that can be solved by bringing down the rate of inflation and having one good paying job that after inflation, you're actually making money and then you don't have to hold multiple jobs? >> sure, so for two years, earlier on, in the pandemic recovery, inflation was so out of control that people were losing purchasing power but for the last two years, they've actually been regaining ground and if we continue to see real positive wage growth, workers will feel better and bette about their financial well being and that's what we're seeing in our job seeker surveys. job seekers are feeling a bit less financial desperation to take the first job offer they receive. taylor: right. julia, we really appreciate your time and as always stay safe as well because we know you're out there in l.a. we're thin

the nfib, the chamber and women affecting public policy. of those organizations supported it and can i get a commitment from you to work if me on this legislation and help implement it, especially given the desire by our president to make sure that we are reducing regulatory reform, especially on small businesses? >> senator, thank you very much and i did enjoy our meeting and when i talked to me about this legislation, i thought, wow, isn't that just really a common-sense thing and i think we just need more common sense in government. if you have two sides two disagree, you have a referee, a third participant that comes in. i liked also when you were telling me about the bill which is that it would actually make the agencies work together before it had to become a public event and help with address considering legislation so i think that it's a very good piece of legislation and i would like to learn more about it and i would look forward to working with you to make sure that we can support our small businesses. >> great, i appreciate that