not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we ve seen since 1981 back in reagan years. you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren t rising at the pace of inflation. you look at a pay cut of 3.6%. if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire every single month because you aren t getting anything for that $500. bill: questions now including this how did we get here? many economists blame out of control government spending along the way. democrats are passed more than $3 trillion in new spending under president biden and they aren t taking their foot off the gas as they look to revamp build back better. let s go to mark meredith live f
inflation reduction act. would it were that simple. another bad memory from the 1980s, the threat to kill the author sir salman rushdie, came close to being fulfilled. liberals are relieved he survived, but have they helped to fuel intolerance? to discuss all that, in the studio are maria margaronis, a documentary maker who, among other projects, has charted the crises, financial and environmental, which have afflicted greece. henry chu is part of the editorial team at the los angeles times as well as being its london correspondent. abdel bari atwan is a specialist in the politics of the middle east and runs the news website rai al youm. hello youm. to all of you and will be to have hello to all of you and will be to have un the studio with me once again. let s start with the uk. maria, you have reported on how the nation can be atomized by the extraordinary impact of rising inflation and people s efforts of the surviving dented and often because of forces well beyond their c
trump also getting thumbs down from the majority of voters or 61% saying he should not run again either. let s bring in mark penny s chairman of the harris poll served as an advisor to both bill and hillary clinton. mark good to see you. so first i want to talk about this wrong track number, 70%. have you ever seen at that bad number one? ns is all about economics, the economy, inflation or something larger going on? and split about economics. liberal rarely seen 70% say they re on track. i have never seen bigots personally, economically worse off today. you may member the famous reagan question are you better off today? and when you look at this this is far greater a percentage saying they are worse off then during the economic dislocation of the pandemic. so the inflation, recession, high interest rates olivet has combined to create a very, very unhappy electric who sees gas prices and food prices skyrocketing and making them fall behind. are not even in a recession for r
this is bbc world news, the headlines. union leaders say that talks to try to prevent rail strikes next week have failed and the walk outs will go ahead. the government is to trial a scheme allowing asylum seekers who cross the channel in small boats to be electronically tagged. thousands of people march in central london calling on the government to do more to help tackle the cost of living crisis. police in brazil confirm a body found in the remote amazon rainforest is the missing british journalist dom phillips. now, ina now, in a new series of take me to the opera, zeinab badawi travelled to la scala in milan italy to follow four young singers being put through their paces. i have been an opera fan for decades and i want to share my passion with you. so i am on a mission to find out how opera is making itself fit for the future. i have come to italy, the home of opera, and to its leading opera house, la scala in milan. every aspiring opera singer dreams of performing he