University of Michigan Public Policy & Economics Professor, Betsey Stevenson discusses the United States forth quarter GDP report that showed a surge in growth and whether or not consumers are building their confidence back with the Biden Administration and the economy. She also talks about President Biden receiving an endorsement from the UAW and what that means for voters, specifically in Michigan, where President Biden showed support for the auto strikes but voters casted their ballots for former President Trump in the last election. Betsey speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power."