support to give to ukrainians in the long term. with the former business and long term capital correspondent in the washington post anchor. hello welcome to the programme. for the past five years, the conservative party has at times, appeared to stray into labour territory. when theresa may came to power in 2016, the conservatives she said would be the party of the ordinary working class . the 2017 manifesto promised to stand up for the weak , restore fairness, there would not be, she said, untrammelled free markets . then came borisjohnson, nominally of the right, but with a plan to redistribute wealth to the north, and on the back of what became, post pandemic the highest tax take in 70 years. today, in her first prime minister s questions, liz truss returned to something that looked much more, like the conservative orthodoxy of old. i m on the side of people who work hard and do the right thing. that s why we will reverse the ni increase and why we will keep corporation
get out the dictionary. we ll define recession for you. here is the bottom line. the biden economy is shrinking as the fed unleashes rapid fire rate hikes to stave off the highest inflation in 40 years. let s get right to it. maria bartiromo joins us now. go ahead and give us the news because they projected .5% on the positive side. the number was a negative .9. we are now in recession and we can confirm that because it is two quarters straight of contraction. the economy shrank in the second quarter by 9/10 percent on top of shrinking in the first quarter by 1.6%. now so far all of the commentary that i m hearing is talking about a shrinking of the economy but the good news for the economy is that job growth has stayed strong. that was why some people were questioning well maybe it is different this time. it is hard to believe that job growth can be up to 300,000 in one month when you are in a recession. what s different this time is that we have an inventory build-up. a l
homeland security secretary is blaming the migrants themselves for being trapped and dying. oh, boy, okay. but first record gas prices putting a damper on 4th of july travel. the president instead of taking responsibility has got a brand-new target, gas stations. biden tweeted, quote, my message to the companies running gas stations and setting prices at the pump is simple. this is a time of war and global peril. bring down the price you are charging at the pump to reflect the cost you re paying for the product and do it now. washington post owner and billionaire businessman jeff bezos isn t buying it, though, tweeting, quote, ouch. inflation is far too important a problem for the white house to keep making statements like this. it is either straight up misdirection or deep misunderstanding of the basic market dynamics. the white house is coming to biden s defense. anybody that knows president biden knows he s plain spoken, and he tells exactly what he s thinking, and in
i knew there would be scrutiny. transgender swimmer lia thomas speaking for the first time. transpeople don t transition for athletics. it s extremely frustrating. he has a biological advantage. we re going to be reporting on the queen s jubilee. 70 years in the same job. role model. the one to come. to say jubilee year. this celebration is our country. this is what you are you re my golden star. steve: look at that looking at virginia beach. right now it s 72. going for a high of 85. it s absolutely beautiful in southeastern virginia. it is where the chesapeake meets the atlantic ocean. good morning, everybody. it is the first day of june. it s a good day to be at the beach, if not, let us start your day live from new york city. we re here in studio m on this wednesday, june 1st, 2022. here on the curvey couch we have will cain back for another day of duty and katie pavlich. katie: great to be here. virginia beach where the u.s. navy is. lots of navy
if he was going to hold onto the white house. that was the big issue. we are covering it going into election night. it was a huge deal when biden won arizona. arizona. are you 100% sure of that call and when you made it and why did you make it? absolutely. we made it after basically a half hour of debating it. we finally called it right now. nbc news is projecting that when every last vote is counted in the state of arizona, joe biden will be awarded 11 electoral votes. joe biden your projected winner in the state of arizona. trump and his allies were enraged over exactly that call, especially the fox news call to arizona. it was seen as kind of the nail in the coffin as a state that the trump folks would need to win or somehow continue to cast as too close to call, which might offend these plots you re hearing about. fox later fired the staffer who accurately called arizona for biden. it was close. they were separated by 10,000 votes. biden won with 1.6 million votes