and we have got to talk about the future. this is pretty stunning, the personal savings rate being this low. as low as it s been in 14 years comes on the heels of the pandemic. exactly. people stayed home. they weren t going out to eat and buying clothes to go to the office. they saved money. personal savings for the first time in a long time start go up. now we are starting to see that people have spent through and blown through that money. blown through their stimulus checks and 4.4% in april was the lowest personal savings rate in this country since 2008. i will add to that. we are seeing high inflation 40-year high. also seeing debt go up. according to the new york fed, $860 billion in debt in this country in the first quarter. and 229 million new credit cards added. that says to me people blew through the savings and they are back to using plastic to pay for things. will: wow, so the president says americans are saving more reduced their debt and that is in your estimation.
china. do you know who does not care about the environment? china. but, they are going to make billions and billions of dollars off of the united states because of politicians like joe biden who created this whole industry and so that s what too many times their biggest business. katie: he talks about the timing, 2017 joe biden was definitely thinking about running for president that gets kicked off in 2018, 2019, will. what james just said in that email i just spoke to your father. the white house has been changed for years since biden took office. he had nothing to do with hunter biden s business december. very clear from hunter biden and james biden based on the laptop which the the washington post originally said was russian disinformation which they are now citing that he was deeply involved and benefited from these business dealings. yeah, of course they trot in
that what any had done is they stopped looking at the price, instead, they figured it takes them 6 gallons of gas for the week. and so they rather price, they were looking at the gallon. because they could not afford anymore. they would get to 6 gallons and turn off the pump and pay that because americans are strapped. you got a choice, am i going to pay 6.15 at that gas station or is my family going to have dinner tonight? will: to your point, steve, maybe you have some wiggle room on whether or not you take that. steve: you are right. absolutely. will: start looking at places where you can change your lifestyle. one of the places apparently americans are turning is how am i going to work? how long do i have to continue before i retire? in 25% of americans, this is according to a new poll, it 25% of americans say they are going to have to delay retirement
inauguration ceremony. back to you. steve: todd, thank you very much. a state lawmaker in texas said apparently local law enforcement never gave the word to go in, you know, the go signal to storm the place. and instead the border patrol showed up and they said we re going in. katie: yeah. steve: that was the beginning of the end. katie: too much waiting around happening. little kids dying. steve: horrible. will: obviously, too often the case when national tragedies take place we turn to the national debate over guns. you notice in canada justin trudeau has proposed restricting the sale of all handguns in that country. steve: a freeze. will: that has led to questions whether or not joe biden would want to do the same here in america. he has given some, i think, i m being kind to say confusing statement on his position when it comes to handguns. first of all, this is joe biden yesterday, we ll make sense on
institutions and in the electoral process. steve: ron johnson tweeted further proof there are separate systems of justice in america. one for liberal democrats and the elite backers and everybody else. somebody tweeted the swamp protects their own. katie: they do. steve: to your point earlier, will, forget about the verdict. what was revealed and what a lot of people wanted to know is hillary clinton personally okay she personally signed off on sending this dirt out. that was made up, to a reporter and then what did she do? she immediately retweeted the made up story. katie: the fbi opened the investigation as well. steve: so anyway, 7:13 now here in new york city. katie, what s coming up? katie: all right. president biden says he will now send advanced rocket systems to ukraine and new op-ed for the new york times. will: this comes as russia cuts off gas to denmark. the fifth european country moscow has refused to supply amid global sanctions in it s