Dan Pfeiffer

It'll take a while for all of that to come down.

The Fed is even thinking about possibly raising interest rates again because of the PCE numbers that Bessette mentioned.

And but let's just put aside the economics where I feel deeply uncomfortable talking about them.

Focus on the politics where I am mildly more comfortable is look, people's opinions about this economy are pretty set in stone.

People's opinions about Donald Trump's handling of this economy are pretty set in stone.

People are going to start voting in a couple of months.

And even if things do get a little bit better, which seems highly unlikely, we know from years and years of data that people's impression of the economy lags the reality by months.

And so even if things got a little bit better, it's unlikely to help Republicans this fall.

It's not going to be 2026, is it, John?

2032.

2032.

Twenty.

Well, that's I would say I was going to guess 2030 just because by the way you asked that question, it was going to be far away.

But that's even further than I thought.

Uh, and the other thing about the straight is, is not just boats moving through the straight.

It's that Gulf country ceased production because they could not get, uh,

oil through the Strait, and so they have to restart production, and that takes time.

And that is on top of the facilities that were damaged from the Iranian missiles as part of the war that Trump started.

Did you follow how the Young MC and Milli Vanilli things played out?

Young MC, I think, did not realize what he was signing up for, so he pulled himself out.