guys. dana: breezy at the white house today. bill: james freeman assistant editor wall street journal. hello to you. some say he will say it s not us, it s you. what could he do right now to address a lot of the concerns? he would do a world of goodbye putting that list you just showed off the table and saying we re not going to have a war on business. we aren t going to raise taxes on companies and individuals or add new regulations or pretend the price issue is about companies gouging consumers or collusion. because we recognize we have a general inflation problem. so that would be step one. dana: i want to talk about their whole strategy here. aishah showed us the poll numbers are going down. we know that inflation is the number one concern. at 87%. sometimes in the 90s if you look at the polls. call for number 5. larry summers was the secretary
saying we won t have a war on business, we won t raise taxes on companies and individuals, we re not going to add new regulations. we re not going to pretend that the price issue is about companies gouging consumers or collusion. dana: james freeman last hour as president biden struggles to manage the economy and soaring inflation he once called transitory as it shows no sign of going away. welcome to a new hour of america s newsroom. i m dana perino. bill: i m bill hemmer. the president is facing a lot of head winds. gas prices high, inflation. wall street taking another big hit again yesterday and it is not looking good for the inflation numbers due out tomorrow. edward lawrence gives us the low down from the white house now. good morning. good morning. that new speech that the president is going to unveil with his new plan is stuff we ve already heard from the president s social spending plan the president is going to
traveling again, like they did in their pre-pandemic environment. but recall, arthel, oil s right no where we were in 2018. but gas prices are higher than that. so i think actually we have to look at why that correlation has kind of gone out of whack as well. arthel: also we have to look at what he opec is doing. you can t have, because demand is up, people are travelinging like you said, you can t have companies gouging the price of petro. i ve always been a supporter of what i call an all-in energy you approach. we have to look at everything from oil and coal and clean energy and renewables, obviously i think climate action s important but the transition to renewables is not going to take place overnight. it s still a small portion of the number of our energy progress and the more we get it to a clean energy environment,