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Transcripts For FOXNEWS America Reports 20240707

smith. we will get to the escalating foreign threat. first to the tense battle playing out here at home with control of congress at stake. john: president biden on his way to upstate new york at this hour to push manufacturing jobs. with 12 days to go before the midterms, it s all about the economy. here is the president before takeoff. great economic report today, the gdp report. things are looking good. sandra: clearly not all americans agree with that statement, with inflation leading voters top concerns, now democrats are sending out their top guns in hopes for a midterm miracle. president biden s former boss, barack obama, kicking off his campaign travels, stumping for democrats in key battleground states. he starts his midterm swing in georgia tomorrow before heading to pennsylvania to campaign for candidate john fetterman. john: and that s not all. the vice president making an appearance in pennsylvania on friday. kellyanne conway is standing by to react to th

Transcripts for FOXNEWS America Reports 20240604 18:01:00

smith. we will get to the escalating foreign threat. first to the tense battle playing out here at home with control of congress at stake. john: president biden on his way to upstate new york at this hour to push manufacturing jobs. with 12 days to go before the midterms, it s all about the economy. here is the president before takeoff. great economic report today, the gdp report. things are looking good. sandra: clearly not all americans agree with that statement, with inflation leading voters top concerns, now democrats are sending out their top guns in hopes for a midterm miracle. president biden s former boss, barack obama, kicking off his campaign travels, stumping for democrats in key battleground states. he starts his midterm swing in georgia tomorrow before heading to pennsylvania to campaign for candidate john fetterman. john: and that s not all. the vice president making an appearance in pennsylvania on friday.

Transcripts for FOXNEWS America Reports 20240604 18:31:00

too. nothing is happened. we re doing it all wrong. sandra: as you see that and point out the globe is flat lined, little growth to be seen anywhere, ron klain, chief of staff to president biden is still today saying this. the economy, we are making progress on the economy. it is not just the gdp numbers you mentioned, the economy did grow inside that as a measure of price, it came down dramatically. we re seeing some easing on inflation. sandra: i m not sure what that means or what to take away from that. well, look, if i were mr. klain, i would make the same argument on the eve of election he will be shellacked. putting aside that numbers underneath the 2.6% hood, if you look at the basic core gdp, it was 0.1. in other words, consumption plus investment, housing and business investment, about 85% of the economy.

Transcripts for FOXNEWS America Reports 20240604 18:33:00

solve the problem. the number today hints as bigger weakness in the next quarter and the quarter after that. sandra: ouch. and i think we re in either the front end of recession or going into deeper recession. i think you re going to see inflation numbers come out. cleveland fed cast inflation forecast is looking for 0.8% october cpi. a very bad number. gasoline prices have gone up. sandra: i think housing is a big part of it, as we try to track he will inflation, mortgage rates have gone up. housing costs, 26%. sandra: mortgage over 7%. plants and equipment down 15%. it was a weak slot. i don t want to be par partisan. i am looking at numbers. sandra: you are fairly assessing the situation. i was going to squeeze it in. lee zeldin who is running for governor of new york joined us. to take your point home, it is what people feel, that tangible stuff around

Transcripts for FOXNEWS America Reports 20240604 18:07:00

fetterman, and let s look at the approval ratings according to a reuters poll, biden sitting at 39%, according to real clear politics average, kamala harris is 36.3% approval. that does not seem like a tremendous amount of political cachet to bring to the fetterman race. it is head scratching, john. more to the point, they re also underwater when it comes to approval ratings on the issues pennsylvanians care most about, inflation, the economy, rising crime, education, of course. so i m not really sure they need new messengers is going to change the message, which is the fundamental failing moving into november 8th. it sounds like the white house chief of staff who is more of a tweeter than leader today gave an interview about the economy, sounds like the president himself wants to talk more about inflation. it is a little too little too late. you have been ignoring the

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