i don't know if cnn anchors can't read paul krugman they are not going to know what to say.e squad's boycotting the "times." >> do not cross the digital picket line. let us stand in solidarity with our brothers and sisters who are walking off the job in protest to make sure they earn the wages they deserve. let us not cross the digital picket line. let's stand with them and tell your friends do not consume their news from the "new york times" tomorrow. we'll get it from somewhere else. but stand with our brothers and sisters in labor. peace and love. >> jesse: the "new york times" isn't taking this laying down. they are trying to crush the union. no striking worker gets paid until they come back to work. can you believe that trump and elon musk treat their workers better than the "new york times" treats its workers? even mini madoff, when he is not stealing billions, bought his workers lunch every day and then he slept with them. but, you know, you get the point. the "new york times" is bringing scabs into the newsroom to pick up the slack to keep the fake news flowing and s

the zeitgeist at virginia commonwealth university over to the peterson institute, which paul krugmanut 4 or 5 days ago. the new 2% will be elevated out in the vicinity of 3%. can we withstand that? that theoretical -- can we withstand a new inflation level above 2%? carl: it is going to be hard to get to that 2% level. there.is a lot of discussion right now on fielding -- there is a lot of discussion right now. i'm fielding a lot of questions. we have to prove we cannot hit the 2% target. if there is a time to ease the threshold they have to do it from the new side of that threshold. they have to get to 2% and stay there. if they have a compelling reason, they may need to reevaluate but you cannot do that when you are this far off of the target to the high side. jonathan: football -- now that you are at bmp do have to pretend you like the world cup? carl: [laughter] jonathan: do you walk around with french flags supporting the national team? carl: if you -- jonathan: can we clear this up? have you never watched rocky? tom: i have never watched the movie. jonathan: you have never watc

lisa: and we are seeing people like paul krugman saying when the facts change, i change. i was looking at this one data point, core goods makeup 1/5 of the data. jonathon: the slow down story is becoming increasingly stale. tom: i have the optimism of those a jp morgan and i think we stagger from every report and we go up to inflation report that is frankly more important than the jobs report we just had. jonathon: cpi on december 13. pepsico is laying off hundreds from the headquarters. is that where we will see the hit? lisa: the layoffs have come in the white collar space than in the blue-collar space. the people who actually do the work is still necessary in a way that the office jobs are not. tom: you known by theme on the x access he is an expert on wage dynamics. he thinks the wage deterioration will take forever to reach where chairman powell wants. jonathon: let's get the price action for you. equity markets, s&p unchanged. futures going nowhere. mike wilson, can we have your crystal ball? tom: we got a move on to year yields in the curve conversion going back to

take second jobs to make ends meet, which is why the new times square bubba gump shrimp mascot is paul krugmannow, it's sad. it's sad. the union has asked readers not to cross the digital picket line by avoiding the "times" website, not using their cooking recipes, and breaking their wordle streak. noooo!! with four o's! that's a tough one to give up. without the wordle, what stupid achievement will we lord over our spouses? ( laughter ) still, in solidarity with the "new york times" union, we here at "the late show" are happy to fill the void for all you wordle nerdles, by launching the one-time-only colbertdle. ( laughter ) here's how she works: i'm thinking of a five-letter word. you guess one. let's try a round right now: everybody in the audience, shout out a five-letter word. >> audience: ( chaotic shouts ) >> stephen: one of you was correct. if you're playing at home, tweet your guess with the hashtag #colbertdle. tomorrow, we'll post the answer. "new york times," once you reach an agreement with your union, i will sell you colbertdle for $1 billion. ( laughter ) we've got a great show

i think i start off a little like paul krugman does. i don't get the point of blockchain and cryptocurrency. it's like keeping track of how many times you chew gum, who cares? there is other ways that are less fraudulent to make transactions but that being said, how many times have we talked here about the potential for abuse, fraud in the crypto market? quite a bit. we've had a lot of cheerleading from some people especially on the others of the aisle. i don't here today and haven't heard it yet but i do want to hear it like we normally do about how wonderful it is and how they shouldn't be regulated by the sec. i measured we will my hear that today especially after what we saw with ftx. we do want to see order and transparency in this industry throughout the financial markets. if you are an issuer of cryptocurrency or a manager of an exchange, and you conduct business with u.s. customers, consider this collapse is your public service announcement. come into compliance with the securities act of 1933 and 1934 and all the other applico

. >> the economist paul krugman asking the question, roger, why tesla was ever worth so much, writingestors fell in love with a story line about a brilliant cool innovator despite the absence of an argument that this guy would found a long-lived money machine. roger, it reminds me of the wizard of oz. we pull the curtains back and see who's pulling all the levers women see elon musk who are who he is now. do you expect investors, maybe get bored, finally reign in musk as all? >> i don't see that happening at all. let's distinguish between musk be many of the others. musk at spacex managed to make a rocket land on a floating barge. that was possibly the most impressive demo i ever saw until the day he landed two rockets simultaneously. the thing about tesla, whenever you think about the valuation, the people on those cars were amazing. they were. were they worth what the company priced them at? the market gets to make that decision. my guess is no, but we'll see. if you look at artificial intelligence, self-driving cars, cryptocurrency, these things require a suspension of the laws of

the gentleman should know who paul krugman.ost: a long -- guest: a long discredited economist from "the new york times. caller: he is a nobel prize-winning economist. guest: that says something about the nobel prize committee. caller: it says something. we have a republicans word on it. we have 22% of the republicans that are on record saying they would have a hold a hearing for supreme court justice during the election year. that is why merrick garland did not have his one. they pushed amy coney barrett through during the elections process. host: congressman, final thoughts? guest: i would say merrick garland has proven how unsatisfactory he would've been as a supreme court judge. i would ask your listener to reread the u.s. constitution. it is a tremendous document. i think the fact we have more and more judges appointed by democrats or appointed by bush type republicans, david souter is one who comes to mind, o'connor comes to mind, who have respect for our constitution or think our constitution has changed is the scariest d