There's time to 'reverse course' on a potential recession, says economist

“Anyone who wants a job out there right now, they’re out there, no question about it. Now that’s the good news,” said former White House economic advisor Steve Moore. “The bad news, of course, is that inflation continues to rise and we’ve had month after month now, for about nine months, where the inflation rate of prices of the goods and services we buy, everything from gasoline to food to travel, those costs are going up faster than people’s paychecks.”