we do not have enough money. 361 filling the economy is officially in a recession as they continue struggling with something else that is beyond doubt, inflation. democrats saying this is exactly why we need more spending but would that make potentially even worse? we are on top of it all in the rescue and recovery still going on in kentucky. the death toll they re climbing to 25 after this devastating flash flood s. where going to the very latest in the state s governor, andy beshear. welcome everyone i am at cavuto. to you. it has been a turbulent week at this far, among the growing concerns on the state of the economy. recession and doubting instills the case as with the ministration is saying. and inflation, no one doubting that is alive and well. we are on top of both in how the administration is responding to be go to david s pond with the latest. hi neil good morning. president here at the white house. if you use the word recession here on these grounds officials h
moment where you have more than satisfied your burden of proof. there s no room for any reasonable doubt. last night s hearing was the tell them what you re going to tell them part. now, there were moments where they teased the actual telling, the testimony of prominent figures who were relevant not just because of their proximity to then-president trump but also for the role they played within the government, maybe as a member of congress or as a white house aide. or maybe they were playing the role of lawyer in a courtroom, trying to convince a judge of a big lie. i wonder if it surprised any of you to see testimony as part of them tell-them part from one-time trump loyalist like former attorney general bill bar calling trump s election lie, quote, bullshit, unquote. ivanka trump even saying she believed barr, saying she respected him. over her own father she believed him when it came to claims of mass voter fraud. it altered her perspective. did it further surprise you to
thank you for joining me tonight. what are these ideas, because as president biden spoke about, as your colleagues spoke about, you re open to ideas. what are the ideas you have for the table and for the american people? you know, look, laura, i think the president is leveling with people and letting them know that these gas prices are global phenomenon, that they are very much caused by the unthinkable war of aggression in ukraine. you know, that s not a shift of blame. that s just a description. prices were $3.31 on january 17th when putin started doing military exercises in belarus. they re $4.99 right now, and they ve had higher jumps in other countries. now, that s not any comfort to any american going to the gas pump, but it is the fact that we are all suffering from this, again, this unthinkable aggression. what the president s made clear is he gets it. yes, we ve had record job growth. yes, we have 3.6% unemployment.
so, star trek 2 was in theaters the last time we saw prices that were rising this fast. you might not know, i am a real trek ki. i just can t do the hand thing. the painful thing is inflation is highest in 40 years, even as more people go back to work. the reality is we re all paying more for just about everything. the president today, well he had lots of blame ready. putin s price hike is hitting america hard. exxon made more money than god this year. but when it comes to solutions, well, the administration says this. we are open to ideas. well, let s discuss those ideas that you re open to now with the senior adviser to the president, gina sperling.