Cut for American Workers getting less for their money. Gas prices continue to climb. Federal reserve expected to continue the rate hike. What is the administration going to do to get inflation under control. Gerad bernstein. Good to have you on. I wish we had better news. Im certain you wish this was better news. But at the heart of this is the Core Inflation number. And when it comes to Core Inflation, that does not include energy or food but yet that number is the highest weve seen since 1982. Sir, is it time for this white house and the Biden Administration to pivot on its economic policies . No, i think what we have is the white house, the federal reserve, we are acutely aware of the pressures that this causes on American Families and budgets. The president started out this morning by talking about how americans are squeezed by The Cost Of Living and they didnt need this report to remind them of it but it is certainly in the report. I asked you that question and you said no. So are
cut for american workers getting less for their money. gas prices continue to climb. federal reserve expected to continue the rate hike. what is the administration going to do to get inflation under control. gerad bernstein. good to have you on. i wish we had better news. i m certain you wish this was better news. but at the heart of this is the core inflation number. and when it comes to core inflation, that does not include energy or food but yet that number is the highest we ve seen since 1982. sir, is it time for this white house and the biden administration to pivot on its economic policies? no, i think what we have is the white house, the federal reserve, we are acutely aware of the pressures that this causes on american families and budgets. the president started out this morning by talking about how americans are squeezed by the cost of living and they didn t need this report to remind them of it but it is certainly in the report. i asked you that question and you
lightfoot loves to tout the responsibility of her city to welcome all regardless of legal status. she calls the busing plan racist. james comer giving props to the texas governor. i think many more blue cities will have to be sent migrants. but this is working. this was a great idea by governor abbott. all the fentanyl coming across our border and the human trafficking coming across our border and the crime is a direct result of the biden administration having an open border policy. welcoming these people across the border. and i am glad that these big city mayors thanks to governor abbott are now seeing the problem with having an influx of people that come in. sandra: matt finn is live in eagle pass, texas, on the ground. migrants first cross over in the country there. matt. good morning, sandra. a lot of the migrants being bused to chicago, new york and washington, d.c., they cross into the country right here in eagle pass, texas. this is one of the busiest ports of e
cut for american workers getting less for their money. gas prices continue to climb. federal reserve expected to continue the rate hike. what is the administration going to do to get inflation under control. gerad bernstein. good to have you on. i wish we had better news. i m certain you wish this was better news. but at the heart of this is the core inflation number. and when it comes to core inflation, that does not include energy or food but yet that number is the highest we ve seen since 1982. sir, is it time for this white house and the biden administration to pivot on its economic policies? no, i think what we have is the white house, the federal reserve, we are acutely aware of the pressures that this causes on american families and budgets. the president started out this morning by talking about how
done. they are spending at john mccain said like drunken sailors, completely out of control. our spending is completely out of control and this will add to the mortgaging of our children s future. sandra: they are insisting and doing interviews insisting gerad bernstein taking that. take credit for lowering the deficit by a trillion dollars because we aren t spending it on emergency and somehow we got the slush fund of 1.2 billion to work with, it s disingenuous and we haven t heard anything better from the biden administration on where you will pay for this. sandra: they are having a hard time explaining to the american people how the lower income, middle class american families aren t going to be on the hook for this. listen, we re 30.8 trillion in debt. annual deficits are exceeding a trillion dollars and we spent during the covid relief.